Frozen Fish Market

Frozen fish market: enjoy new statistics empowered by an Ai-driven business intelligence tool. Info contain production, market prices, trade, exports, imports, consumption, companies, and market size. Here is a breakdown by country, including China, the U.K., the U.S., Russia, the Middle East, Latin America, EU, and Africa. Market trends and outlook to 2030 are also featured in the snapshots.


Get FREE access to the latest REPORT on the Frozen Fish Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Frozen Fish - World's Largest Markets

RatingCountry
1United States
2China
3Russia
4Japan
5Thailand

In value terms, the largest frozen fish markets worldwide were the United States, China and Russia, with a combined 34% share of the global market. These countries were followed by Japan, Thailand, Mauritania, South Korea, Vietnam, Namibia, Nigeria, Ukraine and Cote d'Ivoire, which together accounted for a further 23%.

Namibia saw the highest growth rate of market size, among the main consuming countries over the period under review, while frozen fish market for the other global leaders experienced more modest paces of growth.

Frozen Fish Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Senegal12021327994-9.1%
Morocco1031109411073.6%
Japan1473163916154.7%
Russia180418301623-5.1%
Netherlands1917208221185.1%
Taiwan (Chinese)227620722186-2.0%
Spain255124932401-3.0%
Vietnam287527632483-7.1%
Indonesia297029742596-6.5%
Norway2688272526910.1%
United States320331793102-1.6%
China3415349235301.7%
Chile552850945043-4.5%
Average263626232597-0.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Chile ($5,043 per tonne), while Senegal ($994 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
United States625161575730-4.3%
Japan535251434961-3.7%
Germany3978420442963.9%
Spain336631713109-3.9%
Vietnam294627992878-1.2%
Russia2239210925296.3%
Netherlands2358262624652.2%
China199519751975-0.5%
South Korea216620981949-5.1%
Thailand168319091641-1.3%
Ukraine1259139614266.4%
Cote d'Ivoire1054998931-6.0%
Nigeria7677868163.1%
Average264626842602-0.8%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($5,730 per tonne), while Nigeria ($816 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine, while the other global leaders experienced more modest paces of growth.

Frozen Fish - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan6.25.85.2-8.9%
China4.75.15.14.5%
United States4.74.34.2-5.7%
Thailand2.41.92.1-7.0%
South Korea21.81.7-7.7%

In value terms, Japan ($5.2B), China ($5.1B) and the United States ($4.2B) appeared to be the countries with the highest levels of imports in 2020, with a combined 36% share of global imports. These countries were followed by Thailand, South Korea, Spain, Germany, the Netherlands, Russia, Vietnam, Nigeria, Ukraine and Cote d'Ivoire, which together accounted for a further 28%.

The Netherlands saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Frozen Fish - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China7.17.17.42.2%
Russia2.92.92.8-2.6%
United States3.43.22.7-11.7%
Chile2.92.92.6-5.3%
Norway2.22.42.42.6%

In value terms, China ($7.4B) remains the largest frozen fish supplier worldwide, comprising 19% of global exports. The second position in the ranking was occupied by Russia ($2.8B), with a 7.2% share of global exports. It was followed by the United States, with a 7% share.

In China, frozen fish exports expanded at an average annual rate of +2.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Russia (-2.6% per year) and the United States (-11.7% per year).

Frozen Fish - Market Forecast

Driven by rising demand for frozen fish worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Frozen Fish - Top Companies

Hainan Guangtai Ocean Breeding Co.,Ltd., Austevoll Seafood ASA, Negocios Industriales Real N.I.R.S.A. S.A, SANFORD LIMITED, Hansung Enterprise Co., Ltd., KURITSYNY, OBSHCHINA, ANGRE, OBSHCHINA, BELY MEDVED, OBSHCHINA, MUKHANE, OBSHCHINA, SEVER, OBSHCHINA, SIDUKU, OBSHCHINA, TILMITIL, OBSHCHINA, CHAIKA, OBSHCHINA, SEMENOVY, OBSHCHINA, ORLAN, OBSHCHINA, AGITUDA, OBSHCHINA, NADEZHDA, OBSHCHINA, ANAPKA, OBSHCHINA, MARIYA, OBSHCHINA, TYLMYN, OBSHCHINA

Frozen Fish - Product Coverage

  • HS 0303 - Fish; frozen, excluding fish fillets and other fish meat of heading 0304
  • HS 030421 - Fish; swordfish (Xiphias gladius), fillets, frozen
  • HS 030422 - Fish; toothfish (Dissostichus spp.), fillets, frozen
  • HS 030429 - Fish; fillets, frozen, other than swordfish (Xiphias gladius) and toothfish (Dissostichus spp.)
  • HS 030461 - Fish fillets; frozen, tilapias (Oreochromis spp.)
  • HS 030462 - Fish fillets; frozen, catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.)
  • HS 030463 - Fish fillets; frozen, Nile Perch (Lates niloticus)
  • HS 030469 - Fish fillets; frozen, carp (Cyprinus/Carassius/Ctenopharyngodon idellus/Hypophthalmichthys/Cirrhinus/Mylopharyngodon piceus/Catla catla/Labeo/Osteochilus hasselti/Leptobarbus hoeveni/Megalobrama), eels (Anguilla) and snakeheads (Channa)
  • HS 030471 - Fish fillets; frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
  • HS 030472 - Fish fillets; frozen, haddock (Melanogrammus aeglefinus)
  • HS 030473 - Fish fillets; frozen, coalfish (Pollachius virens)
  • HS 030474 - Fish fillets; frozen, hake (Merluccius spp., Urophycis spp.)
  • HS 030475 - Fish fillets; frozen, Alaska pollack (Theragra chalcogramma)
  • HS 030479 - Fish fillets; frozen, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae other than cod, haddock, coalfish, hake, and Alaska pollack
  • HS 030481 - Fish fillets; frozen, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou, Oncorhynchus rhodurus), Atlantic (Salmo salar), and Danube (Hucho hucho)
  • HS 030482 - Fish fillets; frozen, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
  • HS 030483 - Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae)
  • HS 030484 - Fish fillets; frozen, swordfish (Xiphias gladius)
  • HS 030485 - Fish fillets; frozen, toothfish (Dissostichus spp.)
  • HS 030486 - Fish fillets; frozen, herrings (Clupea harengus, Clupea pallasii)
  • HS 030487 - Fish fillets; frozen, tunas (of the genus Thunnus), skipjack or stripe-bellied bonito (Euthynnus (Katsuwonus) pelamis)
  • HS 030488 - Fish fillets; frozen, dogfish, other sharks, rays and skates (Rajidae)
  • HS 030489 - Fish fillets; frozen, of fish n.e.c. in heading 0304.8
  • HS 030491 - Fish; swordfish (Xiphias gladius), frozen, other than fillets
  • HS 030492 - Fish; toothfish (Dissostichus spp.), frozen, other than fillets
  • HS 030493 - Fish meat, excluding fillets, whether or not minced; frozen, tilapias, catfish, carp, eels, Nile perch, and snakeheads
  • HS 030494 - Fish meat, excluding fillets, whether or not minced; frozen, Alaska Pollack (Theragra chalcogramma)
  • HS 030495 - Fish meat, excluding fillets, whether or not minced; frozen, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae, other than Alaska Pollack (Theragra chalcogramma)
  • HS 030496 - Fish meat, excluding fillets, whether or not minced; frozen, dogfish and other sharks
  • HS 030497 - Fish meat, excluding fillets, whether or not minced; frozen, rays and skates (Rajidae)
  • HS 030499 - Fish; fish meat (whether or not minced) other than fillets, frozen, excluding swordfish (Xiphias gladius) and toothfish (Dissostichus spp.)
Store
Blog
Event
World - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global frozen fish market.

Middle East - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in the Middle East.

Eastern Asia - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Eastern Asia.

Australia and Oceania - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Australia and Oceania.

Central Asia - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Central Asia.

Africa - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Africa.

Northern America - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Northern America.

South-Eastern Asia - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in South-Eastern Asia.

Southern Asia - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Southern Asia.

Latin America and the Caribbean - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen fish market in Latin America and the Caribbean.

Category
Geography
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data