Bangladesh - Frozen Catfish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Price in Bangladesh - 2022
Contents:
- Frozen Catfish Price in Bangladesh (FOB) - 2022
- Frozen Catfish Price in Bangladesh (CIF) - 2022
- Frozen Catfish Exports in Bangladesh
- Frozen Catfish Imports in Bangladesh
Frozen Catfish Price in Bangladesh (FOB) - 2022
The average frozen catfish export price stood at $4,103 per ton in 2022, waning by -1.8% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 45%. The export price peaked at $4,179 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5,970 per ton), while the average price for exports to Singapore ($1,175 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 Saudi Arabia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Price in Bangladesh (CIF) - 2022
In 2022, the average frozen catfish import price amounted to $241 per ton, growing by 14% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. As a result, import price reached the peak level of $703 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($365 per ton), while the price for India ($187 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Catfish Exports in Bangladesh
In 2022, shipments abroad of frozen catfish increased by 45% to 383 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep setback.
In value terms, frozen catfish exports soared to $1.6M in 2022. Over the period under review, exports, however, showed a deep reduction.
| Export of Frozen Catfish in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,673 | 1,739 | 860 | 1,311 | -7.8% |
| Canada | 5.2 | 11.8 | 18.6 | 67.1 | 134.6% |
| South Korea | 190 | 165 | 67.1 | 60.6 | -31.7% |
| Qatar | 18.6 | 23.3 | 47.8 | 44.1 | 33.3% |
| Singapore | 41.7 | 23.0 | 8.3 | 16.7 | -26.3% |
| Others | 77.4 | 76.5 | 105 | 73.7 | -1.6% |
| Total | 2,006 | 2,039 | 1,107 | 1,573 | -7.8% |
Top Export Markets for Frozen Catfish from Bangladesh in 2022:
- Saudi Arabia (306.5 tons)
- Qatar (21.0 tons)
- Canada (15.8 tons)
- Singapore (14.2 tons)
- South Korea (10.2 tons)
Frozen Catfish Imports in Bangladesh
In 2022, overseas purchases of frozen catfish decreased by -8.3% to 196 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 214 tons, and then dropped in the following year.
In value terms, frozen catfish imports expanded modestly to $47K in 2022. Overall, imports recorded a perceptible slump.
| Import of Frozen Catfish in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 33.8 | 36.5 | 31.2 | 43.4 | 8.7% |
| India | 14.9 | 10.0 | 10.3 | 3.5 | -38.3% |
| Pakistan | 3.0 | 2.0 | 0.6 | 0.2 | -59.5% |
| Others | 1.8 | 0.7 | 3.1 | 0.2 | -51.9% |
| Total | 53.5 | 49.2 | 45.3 | 47.2 | -4.1% |
Top Suppliers of Frozen Catfish to Bangladesh in 2022:
- Oman (175.8 tons)
- India (18.5 tons)
- Pakistan (0.7 tons)
This report provides an in-depth analysis of the frozen catfish market in Bangladesh. 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:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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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