China - Frozen Fish And Seafood - 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 Fish and Seafood in China - 2023
Contents:
- Price for Frozen Fish and Seafood in China (CIF) - 2022
- Price for Frozen Fish and Seafood in China (FOB) - 2022
- Imports of Frozen Fish and Seafood in China
- Exports of Frozen Fish and Seafood in China
Price for Frozen Fish and Seafood in China (CIF) - 2022
The average frozen fish and seafood import price stood at $3,683 per ton in 2022, jumping by 17% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fish and seafood import price increased by +42.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Canada ($6,746 per ton), while the price for Russia ($2,195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Fish and Seafood in China (FOB) - 2022
In 2022, the average frozen fish and seafood export price amounted to $5,186 per ton, with an increase of 7.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2021 an increase of 12% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,043 per ton), while the average price for exports to Indonesia ($2,556 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 the Philippines (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Fish and Seafood in China
In 2022, supplies from abroad of frozen fish and seafood was finally on the rise to reach 3.7M tons after two years of decline. Over the period under review, imports, however, continue to indicate a slight decline.
In value terms, frozen fish and seafood imports soared to $13.8B in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Fish and Seafood in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1,888 | 1,727 | 2,186 | 3,562 | 23.6% |
| Russia | 1,832 | 1,412 | 1,183 | 2,004 | 3.0% |
| India | 1,188 | 823 | 917 | 1,225 | 1.0% |
| Vietnam | 842 | 686 | 525 | 1,052 | 7.7% |
| United States | 752 | 521 | 584 | 801 | 2.1% |
| Indonesia | 489 | 538 | 507 | 590 | 6.5% |
| Norway | 441 | 359 | 442 | 527 | 6.1% |
| Canada | 427 | 306 | 310 | 443 | 1.2% |
| Japan | 262 | 181 | 300 | 398 | 15.0% |
| Greenland | 270 | 261 | 238 | 364 | 10.5% |
| New Zealand | 264 | 207 | 186 | 227 | -4.9% |
| Malaysia | 151 | 190 | 199 | 224 | 14.0% |
| Pakistan | 111 | 115 | 122 | 156 | 12.0% |
| Others | 2,423 | 1,625 | 1,808 | 2,232 | -2.7% |
| Total | 11,339 | 8,950 | 9,508 | 13,805 | 6.8% |
Top Suppliers of Frozen Fish and Seafood to China in 2022:
- Russia (913.2K tons)
- Ecuador (575.4K tons)
- Vietnam (367.2K tons)
- India (289.1K tons)
- United States (270.1K tons)
- Indonesia (192.5K tons)
- Norway (156.4K tons)
- Japan (145.5K tons)
- Malaysia (72.0K tons)
- Canada (65.7K tons)
- Greenland (65.0K tons)
- Pakistan (62.9K tons)
- New Zealand (62.8K tons)
Exports of Frozen Fish and Seafood in China
In 2022, overseas shipments of frozen fish and seafood increased by 3.7% to 1.9M tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep reduction.
In value terms, frozen fish and seafood exports totaled $9.8B in 2022. Over the period under review, exports, however, saw a perceptible contraction.
| Export of Frozen Fish and Seafood in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,578 | 1,358 | 1,379 | 1,466 | -2.4% |
| United States | 1,294 | 1,049 | 1,063 | 1,357 | 1.6% |
| South Korea | 875 | 809 | 812 | 886 | 0.4% |
| Philippines | 534 | 489 | 750 | 764 | 12.7% |
| Thailand | 660 | 893 | 570 | 582 | -4.1% |
| Germany | 623 | 413 | 373 | 553 | -3.9% |
| United Kingdom | 359 | 310 | 275 | 338 | -2.0% |
| Canada | 293 | 229 | 237 | 308 | 1.7% |
| Spain | 322 | 238 | 288 | 292 | -3.2% |
| Malaysia | 241 | 211 | 272 | 266 | 3.3% |
| Vietnam | 206 | 195 | 254 | 237 | 4.8% |
| France | 230 | 179 | 148 | 214 | -2.4% |
| Indonesia | 105 | 70.2 | 115 | 205 | 25.0% |
| Others | 3,119 | 2,250 | 2,287 | 2,369 | -8.8% |
| Total | 10,439 | 8,694 | 8,822 | 9,836 | -2.0% |
Top Export Markets for Frozen Fish and Seafood from China in 2022:
- Japan (228.6K tons)
- South Korea (209.3K tons)
- United States (192.6K tons)
- Philippines (172.7K tons)
- Germany (136.4K tons)
- Thailand (118.1K tons)
- Indonesia (80.4K tons)
- United Kingdom (61.4K tons)
- Spain (61.3K tons)
- Malaysia (49.9K tons)
- Canada (44.4K tons)
- France (43.0K tons)
- Vietnam (41.8K tons)
This report provides an in-depth analysis of the market for frozen fish and seafood in China. 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 10201600 - Frozen fish livers and roes
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
1139
This report provides an in-depth analysis of the market for frozen fish and seafood in China.
175
This report provides an in-depth analysis of the frozen tilapias market in China.
484
This report provides an in-depth analysis of the market for frozen southern bluefin tuna in China.
345
This report provides an in-depth analysis of the bigeye tuna market in China.
201
This report provides an in-depth analysis of the frozen skipjack tuna market in China.
233
This report provides an in-depth analysis of the frozen yellowfin tuna market in China.
183
This report provides an in-depth analysis of the frozen atlantic halibut market in China.
296
This report provides an in-depth analysis of the frozen eels market in China.
209
This report provides an in-depth analysis of the frozen catfish market in China.
185
This report provides an in-depth analysis of the frozen salmonoids market in China.
322
In value terms, frozen freshwater fish exports shrank to $83M in April 2023.
470
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.
155
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.
300
Frozen Whole Fish imports experienced modest growth to reach $493M in April 2023, in terms of value.
322
In value terms, frozen freshwater fish exports shrank to $83M in April 2023.
185
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
335
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.
362
Explore the top import markets for frozen fish based on the import value in 2022. Japan, United States, and China lead the pack in this lucrative industry. Learn more on IndexBox.
604
Chile became the leading supplier of frozen atlantic salmon worldwide, expanding exports from 14K tons in 2010 to 125K tons in 2020 and leaving behind the former leading supplier, Norway.
1894
China ($7.6B) remains the largest frozen fish supplier worldwide, comprising 17% of global exports.
