Thailand - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInedible Fish Products Price in Thailand - 2023
Contents:
- Inedible Fish Products Price in Thailand (CIF) - 2022
- Inedible Fish Products Price in Thailand (FOB) - 2022
- Inedible Fish Products Imports in Thailand
- Inedible Fish Products Exports in Thailand
Inedible Fish Products Price in Thailand (CIF) - 2022
The average inedible fish products import price stood at $1,460 per ton in 2022, picking up by 270% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The import price peaked at $15,536 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Russia ($20,662 per ton), while the price for Cambodia ($233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Inedible Fish Products Price in Thailand (FOB) - 2022
In 2022, the average inedible fish products export price amounted to $6,712 per ton, picking up by 21% against the previous year. Overall, the export price recorded temperate growth. The growth pace was the most rapid in 2014 an increase of 316% against the previous year. The export price peaked at $17,536 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($17,011 per ton), while the average price for exports to Japan ($1,594 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 Vietnam (-0.9%), while the prices for the other major destinations experienced a decline.
Inedible Fish Products Imports in Thailand
In 2022, approx. 18K tons of inedible fish products were imported into Thailand; with a decrease of -72.3% on the previous year. Over the period under review, imports, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 378% against the previous year. As a result, imports reached the peak of 63K tons, and then shrank remarkably in the following year.
In value terms, inedible fish products imports expanded modestly to $26M in 2022. In general, imports saw a relatively flat trend pattern.
| Import of Inedible Fish Products in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.9 | 6.0 | 3.5 | 5.0 | -27.1% |
| Myanmar | N/A | 9.6 | 6.6 | 4.4 | -32.3% |
| Vietnam | 0.6 | 1.6 | 0.7 | 0.7 | 5.3% |
| Cambodia | 2.2 | 1.0 | 0.8 | 0.6 | -35.2% |
| Spain | N/A | N/A | 0.4 | 0.6 | 50.0% |
| India | 1.1 | 0.5 | 0.6 | 0.5 | -23.1% |
| Malaysia | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Honduras | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
| Others | 8.3 | 6.8 | 11.6 | 13.4 | 17.3% |
| Total | 26.1 | 26.1 | 25.0 | 25.6 | -0.6% |
Top Suppliers of Inedible Fish Products to Thailand in 2022:
- Myanmar (8.4K tons)
- Cambodia (2.4K tons)
- Malaysia (1.1K tons)
- Vietnam (1.1K tons)
- Spain (1.1K tons)
- Honduras (0.8K tons)
- India (0.5K tons)
- China (0.3K tons)
Inedible Fish Products Exports in Thailand
In 2022, shipments abroad of inedible fish products decreased by -8.1% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 2.9K tons, and then dropped in the following year.
In value terms, inedible fish products exports totaled $18M in 2022. Overall, exports recorded a noticeable descent.
| Export of Inedible Fish Products in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 7.0 | 3.5 | 4.6 | 5.4 | -8.3% |
| Indonesia | 1.6 | 1.2 | 2.2 | 3.3 | 27.3% |
| China | N/A | N/A | 0.1 | 2.0 | 1900.0% |
| Japan | 2.1 | 2.3 | 2.4 | 1.7 | -6.8% |
| South Korea | 0.1 | 0.6 | 0.9 | 0.7 | 91.3% |
| Australia | 0.6 | 0.5 | 0.7 | 0.4 | -12.6% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Belgium | 3.4 | 1.5 | 0.3 | 0.2 | -61.1% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | 5.5 | 6.2 | 4.7 | 3.7 | -12.4% |
| Total | 20.3 | 15.9 | 15.9 | 17.6 | -4.6% |
Top Export Markets for Inedible Fish Products from Thailand in 2022:
- Japan (1062.2 tons)
- China (393.6 tons)
- Vietnam (332.3 tons)
- South Korea (229.0 tons)
- Indonesia (191.6 tons)
- Australia (176.9 tons)
- United States (97.4 tons)
- Belgium (22.5 tons)
This report provides an in-depth analysis of the inedible fish products 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)
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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