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

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

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Frozen Freshwater Fish Price in Malaysia - 2021

Contents:

  1. Frozen Freshwater Fish Price in Malaysia (CIF) - 2021
  2. Frozen Freshwater Fish Price in Malaysia (FOB) - 2021
  3. Frozen Freshwater Fish Imports in Malaysia
  4. Frozen Freshwater Fish Exports in Malaysia

Frozen Freshwater Fish Price in Malaysia (CIF) - 2021

In December 2021, the average frozen freshwater fish import price amounted to $2,064 per ton, shrinking by -4.5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2021 when the average import price increased by 24% m-o-m. Over the period under review, average import prices attained the peak figure at $2,272 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,804 per ton), while the price for Thailand ($662 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Freshwater Fish Price in Malaysia (FOB) - 2021

In December 2021, the average frozen freshwater fish export price amounted to $1,918 per ton, growing by 7.9% against the previous month. Overall, the export price showed a tangible increase. The growth pace was the most rapid in June 2021 an increase of 43% m-o-m. Over the period under review, the average export prices attained the maximum in December 2021.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($2,523 per ton), while the average price for exports to Thailand ($472 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Freshwater Fish Imports in Malaysia

For the fourth consecutive year, Malaysia recorded growth in purchases abroad of frozen freshwater fish, which increased by 5.1% to 60K tons in 2022. The total import volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen freshwater fish imports fell to $118M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.

Import of Frozen Freshwater Fish in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.323.537.935.35.2%
Vietnam21.618.117.217.4-7.0%
Iran0.79.411.310.5146.6%
Indonesia11.413.68.510.2-3.6%
Myanmar6.47.410.19.413.7%
Yemen1.25.16.76.272.9%
Japan6.94.25.25.0-10.2%
Oman0.24.34.84.5182.3%
Thailand0.71.33.73.571.0%
Pakistan3.13.73.33.10.0%
Venezuela1.84.71.72.511.6%
AngolaN/A0.32.12.0158.2%
Norway1.91.21.01.2-14.2%
Others8.111.36.47.7-1.7%
Total94.21081201187.8%

Top Suppliers of Frozen Freshwater Fish to Malaysia in 2022:

  1. China (18.9K tons)
  2. Vietnam (8.2K tons)
  3. Iran (5.3K tons)
  4. Indonesia (4.8K tons)
  5. Myanmar (4.7K tons)
  6. Thailand (4.3K tons)
  7. Yemen (2.4K tons)
  8. Pakistan (1.6K tons)
  9. Oman (1.5K tons)
  10. Japan (1.4K tons)
  11. Angola (1.4K tons)
  12. Venezuela (0.9K tons)
  13. Norway (0.8K tons)

Frozen Freshwater Fish Exports in Malaysia

Frozen freshwater fish exports from Malaysia was estimated at 60K tons in 2022, standing approx. at the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 151% against the previous year. As a result, the exports attained the peak of 74K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen freshwater fish exports amounted to $76M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.7% 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 decreased by -13.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year. As a result, the exports attained the peak of $88M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Frozen Freshwater Fish in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.058.444.044.319.4%
Thailand3.917.420.921.075.3%
Singapore3.43.43.33.40.0%
Saudi Arabia1.13.02.52.531.5%
Cote d'Ivoire1.11.10.90.9-6.5%
Others6.54.33.53.7-17.1%
Total42.087.675.175.821.8%

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

  1. Thailand (34.0K tons)
  2. China (20.8K tons)
  3. Saudi Arabia (1.4K tons)
  4. Singapore (1.2K tons)
  5. Cote d'Ivoire (0.8K tons)

Source: IndexBox Market Intelligence Platform

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

  • Malaysia

Data coverage:

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