Malaysia - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Atlantic Halibut Price in Malaysia - 2021
Contents:
- Frozen Atlantic Halibut Price in Malaysia (CIF) - 2022
- Frozen Atlantic Halibut Price in Malaysia (FOB) - 2022
- Frozen Atlantic Halibut Imports in Malaysia
- Frozen Atlantic Halibut Exports in Malaysia
Frozen Atlantic Halibut Price in Malaysia (CIF) - 2022
The average frozen atlantic halibut import price stood at $5,596 per ton in 2022, rising by 24% against the previous year. Overall, the import price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure at $8,165 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greenland ($10,722 per ton), while the price for Indonesia ($893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Atlantic Halibut Price in Malaysia (FOB) - 2022
The average frozen atlantic halibut export price stood at $3,220 per ton in 2022, reducing by -18.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 394% against the previous year. The export price peaked at $8,439 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($9,075 per ton), while the average price for exports to Australia ($2,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+80.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Atlantic Halibut Imports in Malaysia
In 2022, purchases abroad of frozen atlantic halibut increased by 14% to 116 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt downturn.
In value terms, frozen atlantic halibut imports soared to $652K in 2022. In general, imports, however, saw a sharp curtailment.
| Import of Frozen Atlantic Halibut in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 324 | 297 | 185 | 225 | -11.4% |
| Norway | 347 | 82.3 | 41.8 | 147 | -24.9% |
| China | 45.0 | 25.6 | 23.5 | 58.0 | 8.8% |
| Hong Kong SAR | 140 | 102 | 51.3 | 49.8 | -29.1% |
| Chile | 72.3 | 41.0 | 29.5 | 30.9 | -24.7% |
| Denmark | 180 | 116 | 40.9 | 30.4 | -44.7% |
| Singapore | 103 | 21.6 | 18.1 | 25.5 | -37.2% |
| Taiwan (Chinese) | 114 | 26.2 | 3.5 | 22.9 | -41.4% |
| Indonesia | 11.9 | 2.9 | 12.0 | 12.6 | 1.9% |
| Russia | N/A | 85.8 | N/A | N/A | 0% |
| Others | 67.3 | 43.3 | 53.9 | 49.8 | -9.6% |
| Total | 1,404 | 844 | 460 | 652 | -22.6% |
Top Suppliers of Frozen Atlantic Halibut to Malaysia in 2022:
- Iceland (29.1 tons)
- Norway (26.4 tons)
- Indonesia (14.1 tons)
- Chile (8.6 tons)
- China (8.5 tons)
- Hong Kong SAR (6.6 tons)
- Singapore (5.7 tons)
- Denmark (5.3 tons)
- Taiwan (Chinese) (4.5 tons)
Frozen Atlantic Halibut Exports in Malaysia
In 2022, frozen atlantic halibut exports from Malaysia surged to 16 tons, growing by 807% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,568% against the previous year. As a result, the exports attained the peak of 17 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen atlantic halibut exports surged to $52K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,066%. As a result, the exports reached the peak of $98K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Atlantic Halibut in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.2 | 64.0 | 0.8 | 27.1 | 63.5% |
| Indonesia | 1.6 | 27.9 | 3.8 | 15.0 | 110.9% |
| Australia | N/A | N/A | 1.4 | 5.8 | 314.3% |
| Singapore | 0.6 | 5.7 | 1.1 | 4.4 | 94.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.4 | 97.6 | 7.1 | 52.3 | 84.0% |
Top Export Markets for Frozen Atlantic Halibut from Malaysia in 2022:
- China (11.2 tons)
- Australia (2.8 tons)
- Indonesia (1.7 tons)
- Singapore (0.6 tons)
This report provides an in-depth analysis of the frozen atlantic halibut market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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