India - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in India - 2023
Contents:
- Preserved Herring Price in India (FOB) - 2022
- Preserved Herring Price in India (CIF) - 2022
- Preserved Herring Exports in India
- Preserved Herring Imports in India
Preserved Herring Price in India (FOB) - 2022
In 2022, the average preserved herring export price amounted to $6,667 per ton, surging by 35% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved herring export price increased by +6.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 90%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,249 per ton), while the average price for exports to Nepal ($2,506 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 Malaysia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Herring Price in India (CIF) - 2022
The average preserved herring import price stood at $4,569 per ton in 2022, approximately mirroring the previous year. In general, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $5,823 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($7,551 per ton), while the price for Canada ($3,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2,402.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Herring Exports in India
In 2022, overseas shipments of herrings (prepared or preserved) decreased by -12.6% to 25 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 33 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved herring exports surged to $166K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Preserved Herring in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.8 | 33.7 | 26.0 | 35.3 | -4.7% |
| United Arab Emirates | 29.0 | 31.5 | 19.4 | 27.9 | -1.3% |
| Australia | 5.0 | 13.8 | 17.9 | 17.9 | 53.0% |
| Mauritius | 8.2 | 10.7 | 12.0 | 13.6 | 18.4% |
| United Kingdom | 14.7 | 22.0 | 6.5 | 11.7 | -7.3% |
| Kuwait | 5.4 | 10.1 | 6.6 | 7.6 | 12.1% |
| New Zealand | 3.6 | 3.4 | 6.6 | 7.5 | 27.7% |
| Qatar | 4.7 | 3.0 | 4.6 | 4.6 | -0.7% |
| Oman | 2.1 | 1.0 | 4.3 | 4.3 | 27.0% |
| Germany | 2.6 | 2.5 | 2.5 | 3.5 | 10.4% |
| Nepal | 1.0 | 2.2 | 3.3 | 3.3 | 48.9% |
| Malaysia | 6.3 | 0.7 | 1.2 | 3.0 | -21.9% |
| Cambodia | 2.3 | N/A | N/A | N/A | 0% |
| Others | 11.2 | 20.7 | 30.4 | 26.0 | 32.4% |
| Total | 137 | 156 | 141 | 166 | 6.6% |
Top Export Markets for Preserved Herring from India in 2022:
- United Arab Emirates (4.1 tons)
- United States (3.4 tons)
- Australia (2.4 tons)
- New Zealand (2.1 tons)
- Mauritius (1.8 tons)
- United Kingdom (1.7 tons)
- Nepal (1.3 tons)
- Germany (1.3 tons)
- Oman (0.9 tons)
- Kuwait (0.9 tons)
- Qatar (0.8 tons)
- Malaysia (0.8 tons)
Preserved Herring Imports in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of herrings (prepared or preserved), when their volume decreased by -7.2% to 5.3 tons. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17%.
In value terms, preserved herring imports fell to $24K in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $26K, and then shrank in the following year.
| Import of Preserved Herring in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 11.3 | 11.6 | 13.8 | 13.4 | 5.8% |
| Canada | 4.2 | 4.0 | 4.4 | 4.0 | -1.6% |
| Germany | 4.0 | 6.9 | 3.8 | 3.5 | -4.4% |
| Others | N/A | N/A | 4.1 | 3.5 | -14.6% |
| Total | 19.5 | 22.6 | 26.1 | 24.4 | 7.8% |
Top Suppliers of Preserved Herring to India in 2022:
- Denmark (3.1 tons)
- Canada (1.3 tons)
- Germany (0.5 tons)
This report provides an in-depth analysis of the preserved herring market in India. 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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