Bangladesh - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Bangladesh - 2022
Contents:
- Frozen Whole Fish Price in Bangladesh (CIF) - 2022
- Frozen Whole Fish Price in Bangladesh (FOB) - 2022
- Frozen Whole Fish Imports in Bangladesh
- Frozen Whole Fish Exports in Bangladesh
Frozen Whole Fish Price in Bangladesh (CIF) - 2022
The average frozen whole fish import price stood at $1,496 per ton in 2022, growing by 15% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole fish import price increased by +153.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 121% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($18,157 per ton), while the price for Oman ($270 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Whole Fish Price in Bangladesh (FOB) - 2022
In 2022, the average frozen whole fish export price amounted to $3,770 per ton, reducing by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,985 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($8,178 per ton), while the average price for exports to Thailand ($983 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Imports in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in purchases abroad of frozen whole fish, which increased by 19% to 69K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, frozen whole fish imports skyrocketed to $103M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 180%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Whole Fish in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.8 | 4.8 | 41.6 | 76.8 | 31.5% |
| Oman | 9.1 | 14.4 | 18.8 | 13.1 | 12.9% |
| Myanmar | 0.9 | 0.5 | 8.7 | 6.4 | 92.3% |
| Japan | 1.4 | 1.2 | 1.5 | 1.8 | 8.7% |
| Uruguay | 3.3 | 1.8 | 1.4 | 1.6 | -21.4% |
| India | 4.0 | 1.9 | 1.4 | 1.6 | -26.3% |
| Pakistan | 0.8 | 0.8 | 0.6 | 0.4 | -20.6% |
| Others | 2.4 | 1.3 | 1.3 | 1.4 | -16.4% |
| Total | 55.7 | 26.8 | 75.2 | 103 | 22.7% |
Top Suppliers of Frozen Whole Fish to Bangladesh in 2022:
- Oman (48.5K tons)
- Myanmar (5.2K tons)
- China (4.2K tons)
- India (3.2K tons)
- Uruguay (3.1K tons)
- Japan (2.6K tons)
- Pakistan (0.6K tons)
Frozen Whole Fish Exports in Bangladesh
Frozen whole fish exports from Bangladesh shrank sharply to 6K tons in 2022, waning by -23.7% against 2021 figures. Over the period under review, exports showed a abrupt contraction. The smallest decline of -1.2% was in 2020.
In value terms, frozen whole fish exports declined dramatically to $23M in 2022. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of $34M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Whole Fish in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.4 | 8.6 | 10.9 | 6.9 | -2.3% |
| United States | 3.1 | 4.3 | 6.2 | 4.3 | 11.5% |
| China | 7.3 | 5.3 | 1.5 | 2.8 | -27.3% |
| Australia | 0.7 | 0.7 | 0.8 | 1.3 | 22.9% |
| Italy | 1.0 | 1.4 | 1.9 | 1.3 | 9.1% |
| Canada | 0.5 | 0.7 | 1.1 | 1.2 | 33.9% |
| United Arab Emirates | 1.1 | 0.9 | 1.7 | 1.0 | -3.1% |
| Thailand | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| India | N/A | 1.9 | N/A | 0.4 | -54.1% |
| Singapore | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Jordan | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Kuwait | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Saudi Arabia | 6.7 | 6.3 | 3.6 | N/A | -26.7% |
| Others | 2.2 | 3.4 | 2.5 | 2.2 | 0.0% |
| Total | 30.8 | 34.3 | 31.4 | 22.6 | -9.8% |
Top Export Markets for Frozen Whole Fish from Bangladesh in 2022:
- China (1385.4 tons)
- United Kingdom (1197.2 tons)
- United Arab Emirates (895.1 tons)
- United States (572.0 tons)
- Thailand (496.6 tons)
- Italy (249.0 tons)
- Canada (187.4 tons)
- Australia (154.3 tons)
- Singapore (126.5 tons)
- India (112.0 tons)
- Kuwait (107.1 tons)
- Jordan (92.7 tons)
This report provides an in-depth analysis of the frozen whole fish market in Bangladesh. 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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
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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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