Pakistan - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in Pakistan - 2023
Contents:
- Price for Fish Fillets and Other Fish Meat in Pakistan (FOB) - 2022
- Price for Fish Fillets and Other Fish Meat in Pakistan (CIF) - 2023
- Exports of Fish Fillets and Other Fish Meat in Pakistan
- Imports of Fish Fillets and Other Fish Meat in Pakistan
Price for Fish Fillets and Other Fish Meat in Pakistan (FOB) - 2022
The average export price for fish fillets and other fish meat stood at $2,530 per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $2,554 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($3,938 per ton), while the average price for exports to China ($2,025 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 Vietnam (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets and Other Fish Meat in Pakistan (CIF) - 2023
In May 2023, the average import price for fish fillets and other fish meat amounted to $2,099 per ton, with an increase of 16% against the previous month. In general, import price indicated a pronounced expansion from May 2022 to May 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, import price for fish fillets and other fish meat increased by +19.8% against March 2023 indices. The growth pace was the most rapid in July 2022 when the average import price increased by 73% month-to-month. As a result, import price reached the peak level of $2,572 per ton. From August 2022 to May 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From May 2022 to May 2023, the rate of growth in terms of prices for Vietnam amounted to +2.9% per month.
Exports of Fish Fillets and Other Fish Meat in Pakistan
In 2022, the amount of fish fillets and other fish meat exported from Pakistan declined to 11K tons, which is down by -5.9% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 11K tons, and then contracted in the following year.
In value terms, exports of fish fillets and other fish meat dropped to $27M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 increased by +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $28M, and then fell in the following year.
| Export of Fish Fillets and Other Fish Meat in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 10.1 | 6.1 | 9.0 | 8.3 | -6.3% |
| South Korea | 4.2 | 3.5 | 5.2 | 4.8 | 4.6% |
| Vietnam | 0.1 | 0.8 | 4.5 | 4.1 | 244.8% |
| Japan | 2.8 | 1.8 | 4.0 | 3.7 | 9.7% |
| China | 2.3 | 3.6 | 2.0 | 2.4 | 1.4% |
| Singapore | 0.6 | 0.8 | 2.0 | 1.9 | 46.8% |
| Malaysia | 0.8 | 0.6 | 1.0 | 0.9 | 4.0% |
| Others | 0.5 | 0.8 | 0.6 | 0.7 | 11.9% |
| Total | 21.2 | 17.9 | 28.2 | 26.7 | 8.0% |
Top Export Markets for Fish Fillets and Other Fish Meat from Pakistan in 2022:
- Thailand (3.3K tons)
- South Korea (2.3K tons)
- Japan (1.4K tons)
- China (1.2K tons)
- Vietnam (1.0K tons)
- Singapore (0.7K tons)
- Malaysia (0.3K tons)
Imports of Fish Fillets and Other Fish Meat in Pakistan
Imports of fish fillets and other fish meat into Pakistan contracted to 4.6K tons in 2022, declining by -11% compared with 2021. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 5.2K tons, and then shrank in the following year.
In value terms, imports of fish fillets and other fish meat fell to $7.2M in 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 31%.
| Import of Fish Fillets and Other Fish Meat in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 8.6 | 6.1 | 8.0 | 7.2 | -5.8% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 8.6 | 6.1 | 8.1 | 7.2 | -5.8% |
Top Suppliers of Fish Fillets and Other Fish Meat to Pakistan in 2022:
- Vietnam (4.6K tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat in Pakistan. 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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
-
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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