China - Salmon (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Salmon Price in China - 2023
Contents:
- Preserved Salmon Price in China (FOB) - 2023
- Preserved Salmon Price in China (CIF) - 2022
- Preserved Salmon Exports in China
- Preserved Salmon Imports in China
Preserved Salmon Price in China (FOB) - 2023
In June 2023, the average preserved salmon export price amounted to $13,061 per ton, increasing by 51% against the previous month. Overall, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, preserved salmon export price increased by +50.8% against May 2023 indices. Over the period under review, the average export prices attained the peak figure at $13,571 per ton in February 2023; however, from March 2023 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 ($16,851 per ton), while the average price for exports to the United States ($3,823 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 Belgium (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
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Preserved Salmon Price in China (CIF) - 2022
The average preserved salmon import price stood at $10,807 per ton in 2022, with a decrease of -45.7% against the previous year. Overall, the import price recorded a perceptible descent. The pace of growth appeared the most rapid in 2020 an increase of 84% against the previous year. Over the period under review, average import prices attained the peak figure at $19,901 per ton in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,058 per ton), while the price for Russia ($4,887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Salmon Exports in China
In 2022, approx. 3.6K tons of salmon (prepared or preserved) were exported from China; increasing by 15% against 2021 figures. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, the exports attained the peak of 5.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved salmon exports skyrocketed to $36M in 2022. Overall, exports, however, continue to indicate a mild descent.
Export of Preserved Salmon in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 26.1 | 20.4 | 18.7 | 24.3 | -2.4% |
United States | 1.7 | 2.2 | 1.0 | 4.0 | 33.0% |
Germany | 5.5 | 2.5 | 2.0 | 3.1 | -17.4% |
Canada | 0.8 | 1.0 | 1.2 | 2.6 | 48.1% |
Puerto Rico | N/A | 0.4 | 0.6 | 0.5 | 11.8% |
Netherlands | 0.3 | 11.6 | 1.1 | 0.4 | 10.1% |
Others | 2.3 | 1.7 | 1.4 | 0.9 | -26.9% |
Total | 36.9 | 39.9 | 26.0 | 35.8 | -1.0% |
Top Export Markets for Preserved Salmon from China in 2022:
- Japan (1825.6 tons)
- United States (732.8 tons)
- Germany (448.0 tons)
- Canada (335.1 tons)
- Puerto Rico (125.9 tons)
- Netherlands (56.6 tons)
Preserved Salmon Imports in China
After three years of growth, overseas purchases of salmon (prepared or preserved) decreased by -54.1% to 52 tons in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 209%. As a result, imports reached the peak of 114 tons, and then fell significantly in the following year.
In value terms, preserved salmon imports fell dramatically to $563K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 214%. As a result, imports reached the peak of $2.3M, and then contracted notably in the following year.
Import of Preserved Salmon in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 448 | 2,020 | 282 | -20.7% |
United States | 28.5 | 47.5 | 98.3 | 109 | 56.4% |
Russia | 5.0 | N/A | 23.8 | 105 | 175.9% |
Thailand | 93.0 | 40.3 | 38.7 | 30.3 | -31.2% |
Taiwan (Chinese) | 128 | N/A | N/A | N/A | 0% |
Others | 42.3 | 183 | 79.5 | 37.6 | -3.9% |
Total | 297 | 719 | 2,260 | 563 | 23.8% |
Top Suppliers of Preserved Salmon to China in 2022:
- Russia (21.5 tons)
- Netherlands (17.5 tons)
- United States (6.0 tons)
- Thailand (5.6 tons)
This report provides an in-depth analysis of the preserved salmon 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 10202510 - Prepared or preserved salmon, 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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In June 2023, the price of Preserved Salmon in China increased by 51% compared to the previous month, reaching $13,061 per ton (FOB).
The preserved herring price in June 2023 was $6,665 per ton (FOB, China), experiencing a 22% increase compared to the previous month.
Exports of Preserved Mackerel reached a value of $20M in June 2023.
In value terms, preserved sardines exports reached $20M in April 2023.
During the review period, exports of Battered Fish Fillet peaked at 531K tons in 2021. However, from 2022 to 2023, there was a decline in export volume, with exports falling to $1.3B in value terms in 2023.
In March 2023, the battered fish fillet price amounted to $3,503 per ton (FOB, China), with a decrease of -3.2% against the previous month.
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Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
In June 2023, the price of Preserved Salmon in China increased by 51% compared to the previous month, reaching $13,061 per ton (FOB).
The preserved herring price in June 2023 was $6,665 per ton (FOB, China), experiencing a 22% increase compared to the previous month.