India - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Meals and Pellet in India - 2023
Contents:
- Price for Fish Meals and Pellet in India (FOB) - 2022
- Price for Fish Meals and Pellet in India (CIF) - 2022
- Exports of Fish Meals and Pellet in India
- Imports of Fish Meals and Pellet in India
Price for Fish Meals and Pellet in India (FOB) - 2022
The average fish meals and pellet export price stood at $2,558 per ton in 2022, growing by 80% against the previous year. Overall, the export price, however, showed a noticeable descent. The export price peaked at $4,037 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($33,598 per ton), while the average price for exports to Nigeria ($569 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 Malaysia (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Meals and Pellet in India (CIF) - 2022
In 2022, the average fish meals and pellet import price amounted to $2,987 per ton, with a decrease of -55.4% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 70%. As a result, import price attained the peak level of $10,398 per ton. From 2021 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 the Netherlands ($4,512 per ton), while the price for Thailand ($781 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.5%), while the prices for the other major suppliers experienced a decline.
Exports of Fish Meals and Pellet in India
In 2022, fish meals and pellet exports from India skyrocketed to 39 tons, picking up by 115% on 2021 figures. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 584%. As a result, the exports attained the peak of 161 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fish meals and pellet exports surged to $99K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 677%. As a result, the exports reached the peak of $205K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Fish Meals and Pellet in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.2 | 40.2 | 5.7 | 23.5 | 65.3% |
| Hong Kong SAR | 5.1 | 38.7 | 5.5 | 22.5 | 64.0% |
| Bhutan | 3.6 | 27.8 | 4.0 | 16.2 | 65.1% |
| Malaysia | 2.6 | 34.4 | 2.5 | 9.5 | 54.0% |
| China | 1.6 | 10.6 | 1.3 | 4.4 | 40.1% |
| United Arab Emirates | 1.1 | 7.3 | 1.0 | 3.9 | 52.5% |
| Nigeria | 1.5 | 8.9 | 1.0 | 3.2 | 28.7% |
| South Africa | 0.1 | 0.8 | 0.1 | 0.5 | 71.0% |
| Others | 5.5 | 36.0 | 4.6 | 15.4 | 40.9% |
| Total | 26.3 | 205 | 25.7 | 99.1 | 55.6% |
Top Export Markets for Fish Meals and Pellet from India in 2022:
- Bhutan (24.7 tons)
- Nigeria (5.6 tons)
- Taiwan (Chinese) (2.0 tons)
- Hong Kong SAR (1.6 tons)
- United Arab Emirates (1.3 tons)
- China (1.3 tons)
- South Africa (0.6 tons)
- Malaysia (0.3 tons)
Imports of Fish Meals and Pellet in India
In 2022, approx. 9.7 tons of flours, meals and pellets of fish were imported into India; growing by 101% against the previous year. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 148% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, fish meals and pellet imports contracted to $29K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports attained the peak of $32K, and then contracted in the following year.
| Import of Fish Meals and Pellet in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.8 | 17.2 | 7.4 | 20.4 | 2.8% |
| Norway | 2.9 | 0.5 | 1.8 | 4.9 | 19.1% |
| Netherlands | 2.2 | 1.2 | 0.6 | 2.0 | -3.1% |
| Thailand | 1.0 | 1.4 | 0.6 | 1.7 | 19.3% |
| Malaysia | N/A | N/A | 21.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.9 | 20.3 | 32.4 | 29.0 | 5.2% |
Top Suppliers of Fish Meals and Pellet to India in 2022:
- France (5.9 tons)
- Thailand (2.2 tons)
- Norway (1.2 tons)
- Netherlands (0.4 tons)
This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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
-
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
361
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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.
152
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