Indonesia - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Indonesia - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Freshwater Fish Price in Indonesia - 2022

Contents:

  1. Frozen Freshwater Fish Price in Indonesia (FOB) - 2022
  2. Frozen Freshwater Fish Price in Indonesia (CIF) - 2022
  3. Frozen Freshwater Fish Exports in Indonesia
  4. Frozen Freshwater Fish Imports in Indonesia

Frozen Freshwater Fish Price in Indonesia (FOB) - 2022

The average frozen freshwater fish export price stood at $1,929 per ton in March 2022, picking up by 11% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in September 2021 when the average export price increased by 16% m-o-m. The export price peaked at $1,999 per ton in October 2021; however, from November 2021 to March 2022, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,442 per ton), while the average price for exports to Malaysia ($1,511 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 the United States (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Freshwater Fish Price in Indonesia (CIF) - 2022

The average frozen freshwater fish import price stood at $1,374 per ton in March 2022, dropping by -17.9% against the previous month. Overall, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in October 2021 when the average import price increased by 162% against the previous month. The import price peaked at $7,304 per ton in November 2021; however, from December 2021 to March 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Iceland ($1,949 per ton), while the price for Japan ($982 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 Norway (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Freshwater Fish Exports in Indonesia

In 2022, shipments abroad of frozen freshwater fish decreased by -6.4% to 110K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 8% against the previous year. As a result, the exports attained the peak of 155K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen freshwater fish exports stood at $201M in 2022. In general, exports showed a perceptible descent. The pace of growth was the most pronounced in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of $253M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Frozen Freshwater Fish in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China142186141136-1.4%
United States6.06.38.27.36.8%
Malaysia9.99.16.17.3-9.7%
Taiwan (Chinese)12.06.15.16.7-17.7%
South Korea8.82.95.65.1-16.6%
Japan5.45.04.24.3-7.3%
Thailand5.86.12.34.1-10.9%
Sri Lanka6.14.41.63.5-16.9%
Others33.427.125.326.2-7.8%
Total229253199201-4.3%

Top Export Markets for Frozen Freshwater Fish from Indonesia in 2022:

  1. China (76.9K tons)
  2. Taiwan (Chinese) (4.1K tons)
  3. Malaysia (3.8K tons)
  4. United States (3.1K tons)
  5. South Korea (3.0K tons)
  6. Japan (2.7K tons)
  7. Sri Lanka (2.6K tons)
  8. Thailand (2.6K tons)

Frozen Freshwater Fish Imports in Indonesia

In 2022, approx. 2.7K tons of frozen freshwater fish were imported into Indonesia; picking up by 21% against 2021 figures. The total import volume increased at an average annual rate of +14.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, frozen freshwater fish imports rose significantly to $3.8M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Frozen Freshwater Fish in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2981,8291,5251,94314.4%
Cook Islands25132153368439.7%
Iceland96.15.244657281.2%
Japan14823510620411.3%
Others611466726399-13.2%
Total2,4042,8563,3353,80116.5%

Top Suppliers of Frozen Freshwater Fish to Indonesia in 2022:

  1. China (2047.1 tons)
  2. Iceland (272.5 tons)
  3. Japan (128.4 tons)
  4. Cook Islands (117.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen freshwater fish 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 10201360 - Frozen whole fresh water fish

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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