Thailand - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Thailand - 2023
Contents:
- Frozen Freshwater Fish Price in Thailand (CIF) - 2023
- Frozen Freshwater Fish Price in Thailand (FOB) - 2023
- Frozen Freshwater Fish Imports in Thailand
- Frozen Freshwater Fish Exports in Thailand
Frozen Freshwater Fish Price in Thailand (CIF) - 2023
In September 2023, the average frozen freshwater fish import price amounted to $1,260 per ton, waning by -29% against the previous month. In general, import price indicated a slight increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, frozen freshwater fish import price decreased by -29.0% against August 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 50% m-o-m. Over the period under review, average import prices attained the peak figure at $1,980 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($2,384 per ton), while the price for Malaysia ($467 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Thailand (FOB) - 2023
In September 2023, the average frozen freshwater fish export price amounted to $1,601 per ton, dropping by -13% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 17% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,964 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Japan ($3,288 per ton), while the average price for exports to Cambodia ($556 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in Thailand
In 2022, after three years of growth, there was significant decline in supplies from abroad of frozen freshwater fish, when their volume decreased by -91.7% to 8.2K tons. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 212%.
In value terms, frozen freshwater fish imports shrank notably to $11M in 2022. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 119% against the previous year. As a result, imports attained the peak of $107M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Frozen Freshwater Fish in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 2.2 | 1.8 | 4.6 | 5.3 | 34.1% |
| Vietnam | 3.0 | 2.2 | 2.4 | 3.7 | 7.2% |
| Malaysia | 2.5 | 10.8 | 22.1 | 0.8 | -31.6% |
| Pakistan | 2.0 | 2.0 | 1.3 | 0.2 | -53.6% |
| Iran | 1.9 | 10.3 | 11.9 | 0.2 | -52.8% |
| Taiwan (Chinese) | 1.2 | 2.9 | 0.3 | 0.2 | -45.0% |
| China | 2.8 | 2.4 | 2.7 | 0.2 | -58.5% |
| Japan | 2.1 | 2.9 | 4.3 | N/A | 43.1% |
| India | 1.0 | 1.4 | 1.7 | N/A | 30.4% |
| Indonesia | 2.9 | 3.4 | 1.7 | N/A | -23.4% |
| Myanmar | 21.1 | 53.6 | 35.1 | N/A | 29.0% |
| Yemen | 1.7 | 3.0 | 2.5 | N/A | 21.3% |
| Others | 4.8 | 10.6 | 15.4 | 0.6 | -50.0% |
| Total | 49.0 | 107 | 106 | 11.4 | -38.5% |
Top Suppliers of Frozen Freshwater Fish to Thailand in 2022:
- India (undefined tons)
- Vietnam (2986.3 tons)
- Philippines (2565.8 tons)
- Malaysia (1439.2 tons)
- Taiwan (Chinese) (199.8 tons)
- Iran (183.6 tons)
- Pakistan (141.7 tons)
- China (123.3 tons)
- Japan (5.9 tons)
- Indonesia (3.2 tons)
Frozen Freshwater Fish Exports in Thailand
In 2022, overseas shipments of frozen freshwater fish decreased by -49.9% to 22K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports attained the peak of 49K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen freshwater fish exports declined markedly to $34M in 2022. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $84M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Freshwater Fish in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 4.4 | 8.6 | 10.8 | 48.5% |
| Qatar | 3.2 | 3.8 | 3.8 | 4.8 | 14.5% |
| China | 31.6 | 60.2 | 25.2 | 4.3 | -48.6% |
| Singapore | 1.2 | 1.6 | 2.2 | 3.8 | 46.8% |
| Bahrain | 1.3 | 1.4 | 1.7 | 1.6 | 7.2% |
| Saudi Arabia | 8.0 | 1.3 | 1.0 | 1.0 | -50.0% |
| France | 0.6 | 0.4 | 0.2 | 1.0 | 18.6% |
| United Kingdom | 0.6 | 0.5 | 0.5 | 1.0 | 18.6% |
| Maldives | 0.2 | 0.2 | 0.1 | 0.7 | 51.8% |
| Malaysia | 0.3 | 0.2 | 3.9 | 0.6 | 26.0% |
| Bangladesh | 0.6 | 0.1 | N/A | 0.5 | -5.9% |
| Jordan | 0.5 | 0.3 | 0.2 | 0.4 | -7.2% |
| Lao People's Democratic Republic | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 10.2 | 9.6 | 20.9 | 3.6 | -29.3% |
| Total | 62.2 | 84.4 | 68.6 | 34.5 | -17.8% |
Top Export Markets for Frozen Freshwater Fish from Thailand in 2022:
- United States (4.9K tons)
- Singapore (3.2K tons)
- Qatar (3.2K tons)
- China (3.2K tons)
- Bahrain (1.0K tons)
- Saudi Arabia (0.7K tons)
- Malaysia (0.7K tons)
- United Kingdom (0.6K tons)
- Maldives (0.5K tons)
- Lao People's Democratic Republic (0.5K tons)
- Bangladesh (0.5K tons)
- France (0.5K tons)
- Jordan (0.5K tons)
This report provides an in-depth analysis of the frozen freshwater fish market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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