Malaysia - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Malaysia - 2021
Contents:
- Frozen Whole Fish Price in Malaysia (CIF) - 2021
- Frozen Whole Fish Price in Malaysia (FOB) - 2021
- Frozen Whole Fish Imports in Malaysia
- Frozen Whole Fish Exports in Malaysia
Frozen Whole Fish Price in Malaysia (CIF) - 2021
The average frozen whole fish import price stood at $2,100 per ton in December 2021, almost unchanged from the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 27% against the previous month. The import price peaked at $2,219 per ton in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($4,331 per ton), while the price for Thailand ($700 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 Vietnam (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Price in Malaysia (FOB) - 2021
The average frozen whole fish export price stood at $1,456 per ton in December 2021, increasing by 32% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Vietnam ($2,932 per ton), while the average price for exports to Thailand ($438 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 Vietnam (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Imports in Malaysia
In 2022, purchases abroad of frozen whole fish decreased by -8.7% to 126K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 138K tons, and then shrank in the following year.
In value terms, frozen whole fish imports contracted to $265M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of $284M, and then declined in the following year.
| Import of Frozen Whole Fish in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.1 | 54.1 | 84.5 | 73.0 | 4.4% |
| India | 6.9 | 5.0 | 8.4 | 29.2 | 61.8% |
| Vietnam | 34.3 | 27.9 | 28.5 | 26.4 | -8.4% |
| Oman | 4.1 | 15.3 | 17.4 | 15.0 | 54.1% |
| Indonesia | 18.4 | 19.3 | 11.9 | 14.4 | -7.8% |
| Japan | 17.4 | 21.4 | 19.2 | 8.9 | -20.0% |
| Yemen | 6.6 | 6.3 | 9.8 | 8.5 | 8.8% |
| Russia | 3.0 | 6.8 | 9.6 | 8.3 | 40.4% |
| Myanmar | 12.3 | 11.5 | 13.2 | 8.1 | -13.0% |
| Pakistan | 9.0 | 8.0 | 8.9 | 7.7 | -5.1% |
| Morocco | 4.9 | 4.5 | 4.9 | 7.5 | 15.2% |
| Taiwan (Chinese) | 4.3 | 3.2 | 5.4 | 4.7 | 3.0% |
| Thailand | 0.9 | 1.4 | 3.9 | 3.3 | 54.2% |
| Others | 63.4 | 60.6 | 58.8 | 49.8 | -7.7% |
| Total | 250 | 245 | 284 | 265 | 2.0% |
Top Suppliers of Frozen Whole Fish to Malaysia in 2022:
- China (36.2K tons)
- India (13.7K tons)
- Vietnam (13.7K tons)
- Russia (8.0K tons)
- Japan (7.6K tons)
- Oman (5.8K tons)
- Indonesia (5.8K tons)
- Morocco (5.0K tons)
- Thailand (3.7K tons)
- Myanmar (3.5K tons)
- Pakistan (3.3K tons)
- Yemen (3.2K tons)
- Taiwan (Chinese) (2.8K tons)
Frozen Whole Fish Exports in Malaysia
In 2022, approx. 101K tons of frozen whole fish were exported from Malaysia; approximately reflecting 2021 figures. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.1% 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 increased by +100.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, frozen whole fish exports expanded slightly to $113M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 67%. As a result, the exports reached the peak of $118M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Whole Fish in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.0 | 66.8 | 52.4 | 50.4 | 21.6% |
| Thailand | 8.0 | 16.6 | 24.6 | 23.7 | 43.6% |
| Singapore | 6.4 | 5.6 | 9.1 | 8.9 | 11.6% |
| Mauritius | 4.2 | 3.6 | 2.6 | 5.1 | 6.7% |
| Vietnam | 4.7 | 7.0 | 2.2 | 4.6 | -0.7% |
| Indonesia | 5.3 | 3.6 | 3.4 | 4.1 | -8.2% |
| Philippines | 2.4 | 2.3 | 0.6 | 2.2 | -2.9% |
| Others | 11.6 | 12.4 | 13.1 | 13.8 | 6.0% |
| Total | 70.6 | 118 | 108 | 113 | 17.0% |
Top Export Markets for Frozen Whole Fish from Malaysia in 2022:
- Thailand (47.9K tons)
- China (30.1K tons)
- Mauritius (4.5K tons)
- Singapore (3.4K tons)
- Vietnam (2.9K tons)
- Indonesia (2.8K tons)
- Philippines (2.2K tons)
This report provides an in-depth analysis of the frozen whole 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
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:
- 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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