Indonesia - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Indonesia - 2022
Contents:
- Frozen Fish Fillet Price in Indonesia (FOB) - 2022
- Frozen Fish Fillet Price in Indonesia (CIF) - 2022
- Frozen Fish Fillet Exports in Indonesia
- Frozen Fish Fillet Imports in Indonesia
Frozen Fish Fillet Price in Indonesia (FOB) - 2022
In March 2022, the average frozen fish fillet export price amounted to $7,442 per ton, growing by 5.4% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in September 2021 when the average export price increased by 6% month-to-month. Over the period under review, the average export prices reached the maximum in March 2022.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was the United States ($9,260 per ton), while the average price for exports to Spain ($3,384 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Fillet Price in Indonesia (CIF) - 2022
The average frozen fish fillet import price stood at $6,102 per ton in March 2022, growing by 100% against the previous month. Overall, the import price showed prominent growth. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 134% month-to-month. Over the period under review, average import prices reached the peak figure in March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($12,890 per ton), while the price for the United States ($3,082 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Fillet Exports in Indonesia
For the fourth year in a row, Indonesia recorded growth in overseas shipments of frozen fish fillet, which increased by 23% to 107K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, frozen fish fillet exports surged to $788M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Frozen Fish Fillet in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 265 | 254 | 288 | 402 | 14.9% |
Japan | 42.6 | 37.3 | 50.6 | 86.9 | 26.8% |
Italy | 2.2 | 40.5 | 64.3 | 54.0 | 190.6% |
Canada | 5.5 | 18.3 | 17.1 | 38.5 | 91.3% |
Thailand | 3.4 | 5.5 | 16.8 | 26.9 | 99.3% |
Australia | 15.9 | 15.6 | 23.4 | 25.5 | 17.1% |
Spain | 1.3 | 8.3 | 12.2 | 22.3 | 157.9% |
Vietnam | 10.4 | 6.5 | 9.7 | 22.0 | 28.4% |
Mexico | 0.3 | 1.2 | 7.4 | 17.5 | 287.8% |
South Korea | 4.0 | 1.9 | 2.8 | 13.0 | 48.1% |
Singapore | 10.6 | 7.4 | 8.8 | 12.2 | 4.8% |
France | 12.3 | 8.6 | 11.4 | 9.7 | -7.6% |
Netherlands | 9.7 | 7.5 | 6.9 | 7.1 | -9.9% |
Others | 40.0 | 40.6 | 39.1 | 50.5 | 8.1% |
Total | 423 | 453 | 558 | 788 | 23.0% |
Top Export Markets for Frozen Fish Fillet from Indonesia in 2022:
- United States (42.1K tons)
- Japan (11.2K tons)
- Italy (8.6K tons)
- Thailand (6.2K tons)
- Canada (5.4K tons)
- South Korea (5.0K tons)
- Spain (5.0K tons)
- Mexico (3.9K tons)
- Australia (2.6K tons)
- Vietnam (2.4K tons)
- Singapore (2.1K tons)
- France (1.5K tons)
- Netherlands (1.2K tons)
Frozen Fish Fillet Imports in Indonesia
In 2022, frozen fish fillet imports into Indonesia totaled 2.8K tons, picking up by 2.5% against 2021 figures. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 278%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, frozen fish fillet imports soared to $10M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 169% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Frozen Fish Fillet in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 16.4 | 40.5 | 1,809 | 2,953 | 464.7% |
China | 931 | 1,010 | 935 | 2,602 | 40.9% |
United States | 59.5 | 589 | 1,581 | 1,426 | 188.3% |
Chile | 1,026 | 265 | 609 | 1,166 | 4.4% |
Ecuador | N/A | N/A | N/A | 738 | 0% |
Russia | 128 | N/A | 331 | 463 | 53.5% |
South Korea | 17.5 | 6.7 | 6.5 | 226 | 134.6% |
Cyprus | N/A | 53.2 | 501 | N/A | 841.7% |
Vietnam | 125 | 235 | 418 | N/A | 82.9% |
Pakistan | 163 | N/A | N/A | N/A | 0% |
Others | 469 | 355 | 686 | 769 | 17.9% |
Total | 2,936 | 2,555 | 6,876 | 10,342 | 52.2% |
Top Suppliers of Frozen Fish Fillet to Indonesia in 2022:
- Canada (1687.9 tons)
- China (321.4 tons)
- United States (222.0 tons)
- Russia (159.8 tons)
- Ecuador (148.5 tons)
- Chile (88.7 tons)
- South Korea (51.5 tons)
This report provides an in-depth analysis of the frozen fish fillet market in Indonesia. 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 2030.
Product coverage:
- Prodcom 10201400 - Frozen fish fillets
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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