Malaysia - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in Malaysia - 2021
Contents:
- Frozen Catfish Fillet Price in Malaysia (CIF) - 2021
- Frozen Catfish Fillet Price in Malaysia (FOB) - 2021
- Frozen Catfish Fillet Imports in Malaysia
- Frozen Catfish Fillet Exports in Malaysia
Frozen Catfish Fillet Price in Malaysia (CIF) - 2021
In December 2021, the average frozen catfish fillet import price amounted to $1,975 per ton, shrinking by -5.5% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in November 2021 when the average import price increased by 43% against the previous month. As a result, import price reached the peak level of $2,090 per ton, and then dropped in the following month.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From December 2020 to December 2021, the rate of growth in terms of prices for Vietnam amounted to +2.6% per month.
Frozen Catfish Fillet Price in Malaysia (FOB) - 2021
In December 2021, the average frozen catfish fillet export price amounted to $925 per ton, with a decrease of -4.6% against the previous month. In general, the export price showed a slight descent. The pace of growth was the most pronounced in March 2021 when the average export price increased by 18% against the previous month. The export price peaked at $1,269 per ton in January 2021; however, from February 2021 to December 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Singapore ($1,601 per ton), while the average price for exports to Democratic Republic of the Congo ($705 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillet Imports in Malaysia
In 2022, overseas purchases of frozen catfish fillets were finally on the rise to reach 6.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt decrease.
In value terms, frozen catfish fillet imports rose notably to $24M in 2022. Over the period under review, imports, however, showed a abrupt setback.
| Import of Frozen Catfish Fillet in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 37.0 | 26.2 | 19.6 | 23.2 | -14.4% |
| Others | 2.2 | 0.7 | 1.6 | 0.8 | -28.6% |
| Total | 39.3 | 26.9 | 21.2 | 24.0 | -15.2% |
Top Suppliers of Frozen Catfish Fillet to Malaysia in 2022:
- Vietnam (6.7K tons)
Frozen Catfish Fillet Exports in Malaysia
In 2022, the amount of frozen catfish fillets exported from Malaysia fell to 15 tons, therefore, remained relatively stable against 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 2.4%. As a result, the exports attained the peak of 15 tons, leveling off in the following year.
In value terms, frozen catfish fillet exports stood at $31K in 2022. Overall, exports continue to indicate a relatively flat trend pattern.
| Export of Frozen Catfish Fillet in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mali | 1.5 | 1.7 | 6.8 | 6.6 | 63.9% |
| Cote d'Ivoire | 14.1 | 11.0 | 6.2 | 6.0 | -24.8% |
| Senegal | 1.7 | 2.3 | 2.6 | 5.3 | 46.1% |
| Vietnam | 1.4 | 1.3 | 4.4 | 4.2 | 44.2% |
| United Arab Emirates | 4.8 | 6.1 | 3.5 | 3.4 | -10.9% |
| Singapore | 0.5 | 2.3 | 2.2 | 2.1 | 61.3% |
| Cameroon | 4.3 | 3.6 | 1.7 | 1.8 | -25.2% |
| Democratic Republic of the Congo | 1.1 | 0.8 | 0.8 | 0.8 | -10.1% |
| Others | 1.7 | 1.9 | 2.5 | 0.5 | -33.5% |
| Total | 31.1 | 30.9 | 30.7 | 30.8 | -0.3% |
Top Export Markets for Frozen Catfish Fillet from Malaysia in 2022:
- Mali (3.9 tons)
- Cote d'Ivoire (3.6 tons)
- Senegal (3.0 tons)
- United Arab Emirates (1.1 tons)
- Vietnam (1.1 tons)
- Cameroon (1.1 tons)
- Singapore (0.6 tons)
- Democratic Republic of the Congo (0.4 tons)
This report provides an in-depth analysis of the frozen catfish fillets 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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