China - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in China - 2023
Contents:
- Frozen Whole Fish Price in China (CIF) - 2023
- Frozen Whole Fish Price in China (FOB) - 2023
- Frozen Whole Fish Imports in China
- Frozen Whole Fish Exports in China
Frozen Whole Fish Price in China (CIF) - 2023
The average frozen whole fish import price stood at $2,217 per ton in June 2023, remaining stable against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 24% against the previous month. Over the period under review, average import prices hit record highs at $2,932 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($3,016 per ton), while the price for the Netherlands ($1,143 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Price in China (FOB) - 2023
The average frozen whole fish export price stood at $2,426 per ton in June 2023, approximately reflecting the previous month. Over the period under review, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices reached the maximum at $3,541 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Japan ($3,818 per ton), while the average price for exports to Malta ($802 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Imports in China
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen whole fish, when their volume increased by 28% to 2.1M tons. Over the period under review, imports, however, continue to indicate a deep setback.
In value terms, frozen whole fish imports skyrocketed to $5.1B in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Whole Fish in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,742 | 1,345 | 1,038 | 1,776 | 0.6% |
| United States | 626 | 393 | 424 | 610 | -0.9% |
| Norway | 434 | 344 | 428 | 509 | 5.5% |
| India | 220 | 158 | 122 | 225 | 0.8% |
| Greenland | 182 | 161 | 160 | 193 | 2.0% |
| Indonesia | 188 | 245 | 191 | 177 | -2.0% |
| Vietnam | 71.0 | 61.5 | 83.4 | 160 | 31.1% |
| Iceland | 90.7 | 61.6 | 102 | 139 | 15.3% |
| New Zealand | 113 | 82.4 | 82.1 | 111 | -0.6% |
| Canada | 170 | 125 | 115 | 107 | -14.3% |
| Malaysia | 28.6 | 65.3 | 61.2 | 92.1 | 47.7% |
| Pakistan | 51.9 | 69.9 | 51.9 | 81.9 | 16.4% |
| Japan | 59.7 | 50.6 | 48.3 | 70.8 | 5.8% |
| Others | 946 | 743 | 599 | 850 | -3.5% |
| Total | 4,923 | 3,906 | 3,506 | 5,103 | 1.2% |
Top Suppliers of Frozen Whole Fish to China in 2022:
- Russia (886.1K tons)
- United States (214.4K tons)
- Norway (154.5K tons)
- India (128.6K tons)
- Indonesia (84.5K tons)
- Vietnam (74.1K tons)
- Japan (43.0K tons)
- New Zealand (42.3K tons)
- Pakistan (39.5K tons)
- Malaysia (39.4K tons)
- Iceland (39.1K tons)
- Greenland (37.0K tons)
- Canada (26.2K tons)
Frozen Whole Fish Exports in China
In 2022, approx. 681K tons of frozen whole fish were exported from China; falling by -3.7% on the previous year's figure. Over the period under review, exports faced a abrupt curtailment.
In value terms, frozen whole fish exports contracted modestly to $2.3B in 2022. In general, exports saw a deep contraction. The smallest decline of -0.6% was in 2021.
| Export of Frozen Whole Fish in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 219 | 178 | 261 | 362 | 18.2% |
| South Korea | 294 | 241 | 255 | 213 | -10.2% |
| Thailand | 341 | 413 | 211 | 177 | -19.6% |
| Indonesia | 85.8 | 60.6 | 94.0 | 163 | 23.9% |
| Malaysia | 118 | 110 | 144 | 130 | 3.3% |
| Japan | 196 | 165 | 149 | 118 | -15.6% |
| Vietnam | 175 | 147 | 162 | 107 | -15.1% |
| United States | 123 | 102 | 93.9 | 73.8 | -15.7% |
| Rwanda | 21.8 | 32.5 | 50.6 | 55.8 | 36.8% |
| Russia | 127 | 68.4 | 74.6 | 45.2 | -29.1% |
| Ghana | 23.1 | 12.8 | 12.8 | 25.8 | 3.8% |
| Burkina Faso | 23.1 | 34.3 | 30.9 | 25.0 | 2.7% |
| Nigeria | 38.7 | 30.6 | 20.6 | 12.2 | -31.9% |
| Others | 1,066 | 783 | 804 | 757 | -10.8% |
| Total | 2,852 | 2,377 | 2,363 | 2,264 | -7.4% |
Top Export Markets for Frozen Whole Fish from China in 2022:
- Philippines (113.0K tons)
- South Korea (96.6K tons)
- Indonesia (75.6K tons)
- Thailand (71.5K tons)
- Malaysia (31.8K tons)
- Vietnam (26.9K tons)
- Japan (25.1K tons)
- Ghana (12.6K tons)
- United States (12.4K tons)
- Rwanda (12.2K tons)
- Burkina Faso (10.2K tons)
- Russia (9.0K tons)
- Nigeria (3.9K tons)
This report provides an in-depth analysis of the frozen whole fish market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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