Frozen Freshwater Fish Market

Frozen freshwater fish market: get recently published info provided by an Ai-driven business intelligence tool. Information cover market size, imports, consumption, production, companies, market prices, trade, and exports. There is a split by region, including Latin America, Africa, China, Russia, EU, the U.S., the Middle East, and the U.K. Market dynamics and forecast to 2030 are also featured in the dashboards.


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Frozen Freshwater Fish - World's Largest Markets

RatingCountry
1China
2United States
3South Korea
4Japan
5Brazil

In value terms, the largest frozen freshwater fish markets worldwide were China, the United States and South Korea, together accounting for 32% of the global market. Japan, Brazil, Russia, Cote d'Ivoire, Mexico, Germany, Indonesia, Cameroon, Egypt and Senegal lagged somewhat behind, together comprising a further 20%.

In terms of the main consuming countries, Senegal (+151.1% per year) recorded the highest growth rate of market size, over the period under review, while frozen freshwater fish market for the other global leaders experienced more modest paces of growth.

Frozen Freshwater Fish Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Senegal195514331075-25.8%
Argentina139113721174-8.1%
Malaysia142314181188-8.6%
Japan166816831579-2.7%
Indonesia163115931615-0.5%
Thailand13981693173811.5%
Myanmar1791184718812.5%
Taiwan (Chinese)209421892033-1.5%
India16711349216913.9%
Vietnam18581924246515.2%
New Zealand281127172656-2.8%
China17862839278124.8%
United States324131482885-5.7%
Average2041226922064.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($2,885 per ton), while Senegal ($1,075 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan348429863409-1.1%
United States300029142564-7.6%
Vietnam245926622319-2.9%
Netherlands256426332227-6.8%
Malaysia2055207921893.2%
South Korea223321562033-4.6%
China190519461742-4.4%
Cote d'Ivoire177214851514-7.6%
Colombia157314591336-7.8%
Thailand140714991250-5.7%
Cameroon145012731069-14.1%
Senegal185614661037-25.3%
Egypt86090010349.7%
Average210621091955-3.7%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($3,409 per ton), while Egypt ($1,034 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced mixed trends in the import price figures.

Frozen Freshwater Fish - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.70.90.915.0%
South Korea0.50.50.4-8.2%
United States0.40.30.3-3.3%
Japan0.30.30.3-5.7%
Cote d'Ivoire0.10.10.1-2.2%

In value terms, China ($872M), South Korea ($437M) and the United States ($327M) were the countries with the highest levels of imports in 2020, together accounting for 41% of global imports. These countries were followed by Japan, Cote d'Ivoire, Malaysia, Thailand, the Netherlands, Vietnam, Cameroon, Egypt, Colombia and Senegal, which together accounted for a further 25%.

Senegal (+117.4% per year) recorded 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 Freshwater Fish - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.91.319.7%
United States0.40.40.3-11.7%
India0.040.030.3153.2%
Indonesia0.20.20.210.4%
Vietnam0.20.20.27.7%

In value terms, China ($1B) remains the largest frozen freshwater fish supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by the United States ($333M), with a 7.7% share of global exports. It was followed by India, with a 6.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled +9.7%. In the other countries, the average annual rates were as follows: the United States (-11.7% per year) and India (+153.2% per year).

Frozen Freshwater Fish - Market Forecast

Driven by rising demand for frozen freshwater 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 Freshwater Fish - Product Coverage

  • HS 030323 - Fish; frozen, tilapias (Oreochromis spp.), excluding fillets, livers, roes, and other fish meat of heading 0304
  • HS 030324 - Fish; frozen, catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.), excluding fillets, livers, roes, and other fish meat of heading 0304
  • HS 030325 - Fish; frozen, carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthys spp., Cirrhinus spp., Mylopharyngodon piceus), excluding fillets, livers, roes, and other fish meat of heading 0304
  • HS 030329 - Fish; salmonidae, frozen, n.e.s. in item no. 0302.1 and 0302.2 (excluding fillets, livers, roes and other fish meat of heading no. 0304)
  • HS 030389 - Fish; frozen, n.e.c. in heading 0303, excluding fillets, livers, roes, and other fish meat of heading 0304

Source: IndexBox Market Intelligence Platform

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