Thailand - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Frozen, Dried and Smoked Fish in Thailand - 2023
Contents:
- Price for Frozen, Dried and Smoked Fish in Thailand (CIF) - 2022
- Price for Frozen, Dried and Smoked Fish in Thailand (FOB) - 2022
- Imports of Frozen, Dried and Smoked Fish in Thailand
- Exports of Frozen, Dried and Smoked Fish in Thailand
Price for Frozen, Dried and Smoked Fish in Thailand (CIF) - 2022
The average import price for frozen, dried and smoked fish stood at $1,925 per ton in 2022, picking up by 9.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. The import price peaked at $1,977 per ton in 2013; however, from 2014 to 2022, 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 Vietnam ($2,168 per ton), while the price for Japan ($1,044 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nauru (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen, Dried and Smoked Fish in Thailand (FOB) - 2022
In 2022, the average export price for frozen, dried and smoked fish amounted to $5,641 per ton, increasing by 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2016 when the average export price increased by 17% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($10,347 per ton), while the average price for exports to Sri Lanka ($1,378 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 China (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen, Dried and Smoked Fish in Thailand
In 2022, approx. 1.4M tons of frozen, dried and smoked fish were imported into Thailand; with an increase of 6% on 2021. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, frozen, dried and smoked fish imports surged to $2.8B in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen, Dried and Smoked Fish in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 208 | 279 | 230 | 250 | 6.3% |
| India | 91.9 | 79.9 | 178 | 238 | 37.3% |
| Vietnam | 155 | 146 | 164 | 207 | 10.1% |
| Micronesia | 98.8 | 118 | 160 | 167 | 19.1% |
| Japan | 142 | 180 | 158 | 137 | -1.2% |
| China | 159 | 167 | 126 | 132 | -6.0% |
| Nauru | 11.4 | 89.0 | 105 | 132 | 126.2% |
| South Korea | 121 | 109 | 95.1 | 113 | -2.3% |
| Vanuatu | 22.7 | 87.3 | 60.2 | 99.8 | 63.8% |
| Maldives | 60.8 | 70.2 | 72.5 | 87.7 | 13.0% |
| Russia | 37.6 | 54.8 | 73.2 | 71.5 | 23.9% |
| Kiribati | 48.5 | 75.7 | 62.9 | 71.0 | 13.5% |
| Marshall Islands | 34.2 | 50.8 | 47.0 | 53.4 | 16.0% |
| Others | 877 | 917 | 860 | 1,018 | 5.1% |
| Total | 2,069 | 2,423 | 2,392 | 2,777 | 10.3% |
Top Suppliers of Frozen, Dried and Smoked Fish to Thailand in 2022:
- Taiwan (Chinese) (138.2K tons)
- India (131.7K tons)
- Japan (131.4K tons)
- Micronesia (100.5K tons)
- Vietnam (95.3K tons)
- Nauru (78.0K tons)
- China (77.4K tons)
- South Korea (70.1K tons)
- Vanuatu (59.1K tons)
- Russia (51.7K tons)
- Maldives (49.7K tons)
- Kiribati (42.1K tons)
- Marshall Islands (34.2K tons)
Exports of Frozen, Dried and Smoked Fish in Thailand
In 2022, exports of frozen, dried and smoked fish from Thailand shrank modestly to 193K tons, approximately reflecting the previous year. Overall, exports saw a perceptible curtailment. The smallest decline of -1% was in 2020.
In value terms, frozen, dried and smoked fish exports amounted to $1.1B in 2022. In general, exports showed a slight reduction.
| Export of Frozen, Dried and Smoked Fish in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 342 | 279 | 294 | 308 | -3.4% |
| China | 224 | 201 | 173 | 234 | 1.5% |
| United States | 240 | 225 | 241 | 205 | -5.1% |
| Taiwan (Chinese) | 38.1 | 48.9 | 58.0 | 72.3 | 23.8% |
| Canada | 35.4 | 21.0 | 34.6 | 41.1 | 5.1% |
| Vietnam | 29.0 | 10.0 | 12.4 | 40.6 | 11.9% |
| South Korea | 28.7 | 36.2 | 44.1 | 36.6 | 8.4% |
| Hong Kong SAR | 13.5 | 13.6 | 21.2 | 19.2 | 12.5% |
| Singapore | 11.2 | 8.9 | 12.8 | 13.4 | 6.2% |
| Malaysia | 7.2 | 9.9 | 16.7 | 12.0 | 18.6% |
| United Arab Emirates | 4.2 | 11.0 | 16.8 | 11.4 | 39.5% |
| Sri Lanka | 31.9 | 21.6 | 14.9 | 10.8 | -30.3% |
| Myanmar | 0.4 | 2.2 | 4.4 | 4.4 | 122.4% |
| Others | 133 | 114 | 101 | 81.8 | -15.0% |
| Total | 1,139 | 1,003 | 1,045 | 1,091 | -1.4% |
Top Export Markets for Frozen, Dried and Smoked Fish from Thailand in 2022:
- Japan (46.6K tons)
- China (31.2K tons)
- United States (20.7K tons)
- Vietnam (16.1K tons)
- Taiwan (Chinese) (10.4K tons)
- Malaysia (7.9K tons)
- Sri Lanka (7.8K tons)
- United Arab Emirates (7.0K tons)
- South Korea (5.8K tons)
- Singapore (5.0K tons)
- Canada (4.0K tons)
- Hong Kong SAR (3.8K tons)
- Myanmar (3.2K tons)
This report provides an in-depth analysis of the market for frozen, dried and smoked 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
399
This report provides an in-depth analysis of the market for frozen, dried and smoked fish in Thailand.
192
This report provides an in-depth analysis of the frozen tilapias market in Thailand.
249
This report provides an in-depth analysis of the market for frozen southern bluefin tuna in Thailand.
265
This report provides an in-depth analysis of the bigeye tuna market in Thailand.
417
This report provides an in-depth analysis of the frozen skipjack tuna market in Thailand.
236
This report provides an in-depth analysis of the frozen yellowfin tuna market in Thailand.
176
This report provides an in-depth analysis of the frozen atlantic halibut market in Thailand.
191
This report provides an in-depth analysis of the frozen eels market in Thailand.
355
This report provides an in-depth analysis of the frozen catfish market in Thailand.
985
This report provides an in-depth analysis of the market for frozen fish and seafood in Thailand.
229
In December 2022, the growth rate was highest as imports of Frozen Freshwater Fish increased by 48% compared to the previous month. In terms of value, the imports of Frozen Freshwater Fish significantly decreased to $4M in September 2023.
337
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
484
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
157
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
141
Frozen Whole Fish saw a significant boost in growth in August 2023, with a 41% increase month-to-month. By January 2024, imports of frozen whole fish had reached a value of $186M.
133
The rate of growth for Frozen Whole Fish reached its highest point in August 2023, with a significant increase of 41% compared to the previous month. The value of frozen whole fish imports also saw an expansion, reaching $198M in November 2023.
307
From September 2022 to July 2023, the import growth of Frozen Whole Fish failed to regain momentum. The value of Frozen Whole Fish imports dropped to $124M in July 2023.
261
In July 2023, the value of imported frozen fish decreased to $139 million.
229
In December 2022, the growth rate was highest as imports of Frozen Freshwater Fish increased by 48% compared to the previous month. In terms of value, the imports of Frozen Freshwater Fish significantly decreased to $4M in September 2023.
189
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
