Thailand - 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 Thailand - 2023
Contents:
- Price for Fish Meals and Pellet in Thailand (FOB) - 2023
- Price for Fish Meals and Pellet in Thailand (CIF) - 2022
- Exports of Fish Meals and Pellet in Thailand
- Imports of Fish Meals and Pellet in Thailand
Price for Fish Meals and Pellet in Thailand (FOB) - 2023
In September 2023, the average fish meals and pellet export price amounted to $7,208 per ton, with an increase of 16% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 29% against the previous month. The export price peaked at $8,649 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From September 2022 to September 2023, the rate of growth in terms of prices for Japan amounted to +0.1% per month.
Price for Fish Meals and Pellet in Thailand (CIF) - 2022
In 2022, the average fish meals and pellet import price amounted to $85,435 per ton, increasing by 91% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 258%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($130,716 per ton), while the price for China ($33,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Meals and Pellet in Thailand
In 2022, approx. 738 tons of flours, meals and pellets of fish were exported from Thailand; growing by 60% on 2021 figures. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish meals and pellet exports soared to $5M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
Export of Fish Meals and Pellet in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 0.8 | 1.0 | 2.4 | 5.0 | 84.2% |
South Korea | 0.8 | 1.5 | 1.2 | N/A | 22.5% |
United States | 0.2 | 0.4 | 0.2 | N/A | 0.0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 1.9 | 3.0 | 3.8 | 5.0 | 38.1% |
Top Export Markets for Fish Meals and Pellet from Thailand in 2022:
- United States (undefined tons)
- Japan (737.9 tons)
Imports of Fish Meals and Pellet in Thailand
In 2022, overseas purchases of flours, meals and pellets of fish decreased by -75% to 6.3 tons, falling for the second consecutive year after two years of growth. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 89%. As a result, imports attained the peak of 38 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fish meals and pellet imports dropped rapidly to $542K in 2022. Over the period under review, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year.
Import of Fish Meals and Pellet in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 70.2 | 2.7 | 10.7 | 422 | 81.8% |
Norway | 20.0 | 0.6 | 3.3 | 108 | 75.4% |
China | 16.5 | N/A | N/A | 12.0 | -10.1% |
Indonesia | 1,013 | 41.9 | 242 | N/A | -51.1% |
Myanmar | 172 | 987 | 881 | N/A | 126.3% |
Others | 18.5 | 0.4 | 2.0 | N/A | -67.1% |
Total | 1,310 | 1,033 | 1,138 | 542 | -25.5% |
Top Suppliers of Fish Meals and Pellet to Thailand in 2022:
- Japan (3.2 tons)
- Norway (2.8 tons)
- China (0.4 tons)
This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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.
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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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