India - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried or Salted Fish in India - 2023
Contents:
- Price for Dried or Salted Fish in India (FOB) - 2023
- Price for Dried or Salted Fish in India (CIF) - 2022
- Exports of Dried or Salted Fish in India
- Imports of Dried or Salted Fish in India
Price for Dried or Salted Fish in India (FOB) - 2023
In September 2023, the average dried or salted fish export price amounted to $1,112 per ton, flattening at the previous month. Over the period under review, the export price showed a mild decrease. The pace of growth was the most pronounced in April 2023 when the average export price increased by 21% against the previous month. As a result, the export price attained the peak level of $1,578 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bhutan ($3,425 per ton), while the average price for exports to Bangladesh ($964 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Dried or Salted Fish in India (CIF) - 2022
In 2022, the average dried or salted fish import price amounted to $2,164 per ton, rising by 21% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried or salted fish import price increased by +52.2% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Bangladesh.
From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +7.3% per year.
Exports of Dried or Salted Fish in India
In 2022, shipments abroad of dried or salted fish was finally on the rise to reach 12K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a noticeable contraction.
In value terms, dried or salted fish exports contracted notably to $19M in 2022. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 8.2% against the previous year. As a result, the exports attained the peak of $28M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dried or Salted Fish in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 9.2 | 14.5 | 11.4 | 11.9 | 9.0% |
| Bhutan | 0.5 | 1.8 | 2.8 | 2.7 | 75.4% |
| Sri Lanka | 9.7 | 8.3 | 6.3 | 2.5 | -36.4% |
| Vietnam | 0.3 | N/A | N/A | 0.3 | 0.0% |
| China | 2.7 | 1.4 | 1.7 | N/A | -20.7% |
| Others | 3.8 | 2.3 | 3.2 | 1.8 | -22.0% |
| Total | 26.1 | 28.3 | 25.3 | 19.1 | -9.9% |
Top Export Markets for Dried or Salted Fish from India in 2022:
- Bangladesh (9.0K tons)
- Sri Lanka (1.7K tons)
- Bhutan (0.8K tons)
- Vietnam (0.3K tons)
Imports of Dried or Salted Fish in India
In 2022, after two years of decline, there was significant growth in supplies from abroad of dried or salted fish, when their volume increased by 1,193% to 606 tons. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried or salted fish imports skyrocketed to $1.3M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dried or Salted Fish in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 466 | 123 | N/A | 1,306 | 41.0% |
| Iran | N/A | N/A | 15.2 | 2.1 | -86.2% |
| Others | 14.0 | N/A | 68.5 | 2.7 | -42.2% |
| Total | 480 | 123 | 83.7 | 1,311 | 39.8% |
Top Suppliers of Dried or Salted Fish to India in 2022:
- Bangladesh (602.1 tons)
- Iran (2.4 tons)
This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
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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In September 2023, there was a significant rate of growth with a 152% month-to-month increase in exports. However, the value of Fish Parts exports drastically declined to $1.8M by October 2023.
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