China - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in China - 2023
Contents:
- Preserved Mackerel Price in China (FOB) - 2023
- Preserved Mackerel Price in China (CIF) - 2022
- Preserved Mackerel Exports in China
- Preserved Mackerel Imports in China
Preserved Mackerel Price in China (FOB) - 2023
In June 2023, the average preserved mackerel export price amounted to $2,268 per ton, with a decrease of -7.3% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 5.8% m-o-m. Over the period under review, the average export prices reached the maximum at $2,482 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($5,529 per ton), while the average price for exports to the Philippines ($1,450 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 Haiti (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Mackerel Price in China (CIF) - 2022
The average preserved mackerel import price stood at $5,418 per ton in 2022, rising by 54% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 67%. As a result, import price attained the peak level of $6,775 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,863 per ton), while the price for South Korea ($3,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Mackerel Exports in China
In 2022, shipments abroad of mackerel (prepared or preserved) decreased by -10.3% to 91K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 37%. As a result, the exports attained the peak of 119K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved mackerel exports shrank to $219M in 2022. In general, exports showed a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of 8.4% against the previous year. As a result, the exports attained the peak of $265M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Preserved Mackerel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 67.7 | 47.8 | 51.5 | 50.1 | -9.5% |
| Ghana | 8.0 | 40.2 | 29.1 | 28.7 | 53.1% |
| Haiti | 5.3 | 8.9 | 14.4 | 12.5 | 33.1% |
| Philippines | 4.3 | 2.3 | 10.9 | 10.6 | 35.1% |
| United States | 13.2 | 9.1 | 6.0 | 9.0 | -12.0% |
| Dominican Republic | 5.9 | 3.9 | 3.2 | 9.0 | 15.1% |
| Chile | 10.7 | 25.0 | 27.8 | 8.8 | -6.3% |
| Thailand | 20.1 | 12.0 | 6.5 | 7.8 | -27.1% |
| Indonesia | 22.3 | 4.5 | 11.1 | 6.8 | -32.7% |
| Malaysia | 2.8 | 5.0 | 7.3 | 6.8 | 34.4% |
| Cabo Verde | 6.5 | 9.0 | 10.0 | 6.7 | 1.0% |
| Samoa | 2.8 | 4.2 | 3.8 | 4.1 | 13.6% |
| Papua New Guinea | 3.9 | 6.0 | 6.4 | 4.1 | 1.7% |
| Others | 71.0 | 87.2 | 62.8 | 54.0 | -8.7% |
| Total | 244 | 265 | 251 | 219 | -3.5% |
Top Export Markets for Preserved Mackerel from China in 2022:
- Ghana (15.2K tons)
- Japan (8.6K tons)
- Haiti (7.6K tons)
- Dominican Republic (4.9K tons)
- Chile (4.5K tons)
- Indonesia (4.0K tons)
- Thailand (4.0K tons)
- Philippines (3.7K tons)
- United States (3.7K tons)
- Malaysia (3.7K tons)
- Samoa (2.4K tons)
- Papua New Guinea (2.2K tons)
- Cabo Verde (1.8K tons)
Preserved Mackerel Imports in China
In 2022, supplies from abroad of mackerel (prepared or preserved) decreased by -35.5% to 24 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of 53 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved mackerel imports declined slightly to $131K in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 5.1% against the previous year. As a result, imports attained the peak of $235K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Preserved Mackerel in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.8 | N/A | 66.9 | 64.3 | 229.3% |
| Japan | 6.5 | 2.9 | N/A | 47.4 | 93.9% |
| South Korea | 8.4 | 14.7 | 4.2 | 10.3 | 7.0% |
| Thailand | 36.6 | 66.7 | 17.4 | 2.3 | -60.2% |
| Vietnam | 115 | 70.9 | N/A | N/A | -38.3% |
| Latvia | 7.7 | 2.2 | 4.7 | N/A | -21.9% |
| Denmark | 14.9 | 1.3 | 1.8 | N/A | -65.2% |
| Taiwan (Chinese) | 30.9 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 76.3 | 36.7 | 6.7 | 58.0% |
| Total | 224 | 235 | 132 | 131 | -16.4% |
Top Suppliers of Preserved Mackerel to China in 2022:
- Russia (11.1 tons)
- Japan (6.9 tons)
- South Korea (3.4 tons)
- Thailand (0.4 tons)
This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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
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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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