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

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

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Frozen Freshwater Fish Price in Japan - 2023

Contents:

  1. Frozen Freshwater Fish Price in Japan (CIF) - 2023
  2. Frozen Freshwater Fish Price in Japan (FOB) - 2023
  3. Frozen Freshwater Fish Imports in Japan
  4. Frozen Freshwater Fish Exports in Japan

Frozen Freshwater Fish Price in Japan (CIF) - 2023

The average frozen freshwater fish import price stood at $4,211 per ton in July 2023, increasing by 11% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in May 2023 an increase of 29% m-o-m. Over the period under review, average import prices reached the peak figure at $4,544 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($4,483 per ton), while the price for Indonesia ($1,436 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Norway (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Freshwater Fish Price in Japan (FOB) - 2023

The average frozen freshwater fish export price stood at $2,758 per ton in July 2023, picking up by 31% against the previous month. In general, export price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen freshwater fish export price increased by +31.1% against June 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 45% against the previous month. Over the period under review, the average export prices reached the maximum in July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Malaysia ($9,866 per ton), while the average price for exports to Bangladesh ($916 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Freshwater Fish Imports in Japan

In 2022, supplies from abroad of frozen freshwater fish decreased by -7.7% to 73K tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 7.4% against the previous year. As a result, imports attained the peak of 85K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, frozen freshwater fish imports reduced modestly to $274M in 2022. In general, imports saw a noticeable decline. The smallest decline of -1.5% was in 2021.

Import of Frozen Freshwater Fish in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States157160166153-0.9%
Russia24.225.923.522.3-2.7%
China25.516.216.717.7-11.5%
New Zealand17.714.113.113.6-8.4%
Canada12.910.614.713.51.5%
Norway9.610.612.111.15.0%
Iceland6.19.17.46.83.7%
Others42.044.533.136.0-5.0%
Total295291286274-2.4%

Top Suppliers of Frozen Freshwater Fish to Japan in 2022:

  1. United States (39.5K tons)
  2. Russia (6.7K tons)
  3. China (6.5K tons)
  4. Norway (4.5K tons)
  5. New Zealand (3.0K tons)
  6. Canada (2.0K tons)
  7. Iceland (1.8K tons)

Frozen Freshwater Fish Exports in Japan

After three years of growth, shipments abroad of frozen freshwater fish decreased by -0.5% to 53K tons in 2022. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.

In value terms, frozen freshwater fish exports declined modestly to $81M in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 15%.

Export of Frozen Freshwater Fish in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam27.636.136.236.19.4%
China17.418.017.817.80.8%
Thailand4.34.84.74.73.0%
Cote d'Ivoire0.51.73.73.794.9%
Taiwan (Chinese)1.22.23.23.238.7%
Malaysia3.72.01.52.3-14.7%
Philippines1.61.91.91.95.9%
Bangladesh1.41.21.51.52.3%
South Africa1.91.80.51.4-9.7%
Others8.98.910.78.6-1.1%
Total68.578.781.581.15.8%

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

  1. Vietnam (27.8K tons)
  2. China (10.1K tons)
  3. Cote d'Ivoire (2.9K tons)
  4. Thailand (2.2K tons)
  5. Bangladesh (1.5K tons)
  6. Taiwan (Chinese) (1.4K tons)
  7. Philippines (1.4K tons)
  8. South Africa (1.0K tons)
  9. Malaysia (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen freshwater fish market in Japan. 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:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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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