Thailand - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried or Salted Fish in Thailand - 2023
Contents:
- Price for Dried or Salted Fish in Thailand (FOB) - 2023
- Price for Dried or Salted Fish in Thailand (CIF) - 2023
- Exports of Dried or Salted Fish in Thailand
- Imports of Dried or Salted Fish in Thailand
Price for Dried or Salted Fish in Thailand (FOB) - 2023
The average dried or salted fish export price stood at $1,748 per ton in September 2023, declining by -11.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 33% against the previous month. As a result, the export price attained the peak level of $2,492 per ton. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,063 per ton), while the average price for exports to Myanmar ($1,145 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 Indonesia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dried or Salted Fish in Thailand (CIF) - 2023
The average dried or salted fish import price stood at $946 per ton in September 2023, declining by -50.3% against the previous month. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 128% m-o-m. Over the period under review, average import prices hit record highs at $2,733 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($7,161 per ton), while the price for Cambodia ($514 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dried or Salted Fish in Thailand
In 2022, overseas shipments of dried or salted fish decreased by -6.3% to 15K tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 88%. As a result, the exports attained the peak of 23K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, dried or salted fish exports shrank sharply to $25M in 2022. Overall, exports showed a deep setback. The smallest decline of -0.5% was in 2020.
| Export of Dried or Salted Fish in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 28.1 | 19.5 | 11.8 | 7.7 | -35.0% |
| Malaysia | 2.3 | 3.4 | 8.1 | 5.3 | 32.1% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.9 | 2.2 | 122.4% |
| Hong Kong SAR | 1.5 | 1.2 | 1.3 | 1.5 | 0.0% |
| China | 3.1 | 8.3 | 1.3 | 1.3 | -25.1% |
| Lao People's Democratic Republic | N/A | 2.6 | 0.6 | 0.8 | -44.5% |
| Indonesia | 0.6 | 0.5 | 2.4 | 0.6 | 0.0% |
| Others | 7.5 | 7.4 | 6.8 | 5.9 | -7.7% |
| Total | 43.5 | 43.2 | 33.3 | 25.2 | -16.6% |
Top Export Markets for Dried or Salted Fish from Thailand in 2022:
- Sri Lanka (5.7K tons)
- Malaysia (3.9K tons)
- Lao People's Democratic Republic (1.5K tons)
- Taiwan (Chinese) (1.2K tons)
- China (0.5K tons)
- Hong Kong SAR (0.5K tons)
- Indonesia (0.4K tons)
Imports of Dried or Salted Fish in Thailand
In 2022, purchases abroad of dried or salted fish decreased by -26.3% to 2.4K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 5%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, dried or salted fish imports amounted to $3.3M in 2022. In general, imports recorded a abrupt shrinkage.
| Import of Dried or Salted Fish in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 797 | 478 | 709 | 891 | 3.8% |
| Cambodia | 1,415 | 2,078 | 1,254 | 672 | -22.0% |
| Myanmar | 461 | 279 | 298 | 627 | 10.8% |
| Japan | 552 | 329 | 258 | 344 | -14.6% |
| China | 221 | 187 | 298 | 141 | -13.9% |
| Indonesia | 188 | 61.9 | N/A | 102 | -18.4% |
| Others | 336 | 239 | 315 | 570 | 19.3% |
| Total | 3,969 | 3,652 | 3,132 | 3,346 | -5.5% |
Top Suppliers of Dried or Salted Fish to Thailand in 2022:
- Cambodia (1439.5 tons)
- Myanmar (431.2 tons)
- Vietnam (132.6 tons)
- Indonesia (105.4 tons)
- China (52.9 tons)
- Japan (40.1 tons)
This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
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.
-
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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