China - Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared or Preserved Fish and Dishes in China - 2023
Contents:
- Price for Prepared or Preserved Fish and Dishes in China (FOB) - 2023
- Price for Prepared or Preserved Fish and Dishes in China (CIF) - 2023
- Exports of Prepared or Preserved Fish and Dishes in China
- Imports of Prepared or Preserved Fish and Dishes in China
Price for Prepared or Preserved Fish and Dishes in China (FOB) - 2023
In December 2023, the average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $5,931 per ton, approximately equating the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 16% month-to-month. As a result, the export price reached the peak level of $7,320 per ton. From March 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Taiwan (Chinese) ($12,783 per ton), while the average price for exports to Ghana ($2,089 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Prepared or Preserved Fish and Dishes in China (CIF) - 2023
In December 2023, the average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $6,136 per ton, picking up by 4.9% against the previous month. In general, the import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in June 2023 an increase of 12% m-o-m. The import price peaked at $7,478 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($18,766 per ton), while the price for Pakistan ($1,793 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prepared or Preserved Fish and Dishes in China
In 2022, overseas shipments of prepared or preserved fish and dishes other than dried, smoked, salted or in brine decreased by -5% to 1.4M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 1.5M tons, and then fell modestly in the following year.
In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine contracted slightly to $9.7B in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports reached the peak of $9.9B, and then shrank modestly in the following year.
| Export of Prepared or Preserved Fish and Dishes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,709 | 1,574 | 1,761 | 1,704 | -0.1% |
| Malaysia | 246 | 523 | 1,020 | 1,350 | 76.4% |
| Thailand | 321 | 465 | 930 | 1,076 | 49.7% |
| United States | 1,066 | 941 | 1,195 | 1,060 | -0.2% |
| Taiwan (Chinese) | 651 | 757 | 750 | 704 | 2.6% |
| Mexico | 384 | 451 | 689 | 579 | 14.7% |
| Hong Kong SAR | 531 | 506 | 643 | 485 | -3.0% |
| South Korea | 333 | 368 | 405 | 469 | 12.1% |
| Philippines | 87.2 | 137 | 258 | 226 | 37.4% |
| Singapore | 171 | 131 | 162 | 207 | 6.6% |
| Spain | 103 | 120 | 109 | 112 | 2.8% |
| Israel | 59.1 | 67.1 | 104 | 91.7 | 15.8% |
| Ghana | 33.5 | 75.9 | 84.8 | 79.1 | 33.2% |
| Others | 1,694 | 1,427 | 1,754 | 1,601 | -1.9% |
| Total | 7,389 | 7,544 | 9,865 | 9,745 | 9.7% |
Top Export Markets for Prepared or Preserved Fish and Dishes from China in 2022:
- Japan (242.9K tons)
- United States (195.4K tons)
- Mexico (111.0K tons)
- Malaysia (100.2K tons)
- South Korea (94.2K tons)
- Thailand (93.2K tons)
- Taiwan (Chinese) (44.5K tons)
- Hong Kong SAR (42.5K tons)
- Ghana (35.0K tons)
- Spain (25.2K tons)
- Israel (24.7K tons)
- Philippines (23.6K tons)
- Singapore (21.6K tons)
Imports of Prepared or Preserved Fish and Dishes in China
In 2022, the amount of prepared or preserved fish and dishes other than dried, smoked, salted or in brine imported into China dropped significantly to 55K tons, with a decrease of -28.9% against the year before. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports reached the peak of 77K tons, and then contracted significantly in the following year.
In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine expanded to $347M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Prepared or Preserved Fish and Dishes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 50.2 | 62.0 | 76.1 | 66.6 | 9.9% |
| Japan | 35.0 | 35.4 | 32.0 | 64.8 | 22.8% |
| Thailand | 53.3 | 59.5 | 55.8 | 47.5 | -3.8% |
| Peru | 114 | 53.0 | 81.3 | 30.2 | -35.8% |
| Pakistan | 1.1 | 0.8 | 8.4 | 26.7 | 189.5% |
| Mexico | N/A | N/A | N/A | 13.9 | 0% |
| Vietnam | 14.9 | 18.8 | 15.2 | 7.3 | -21.2% |
| Malaysia | 8.4 | 10.5 | 9.4 | 6.4 | -8.7% |
| Others | 61.1 | 57.1 | 63.2 | 83.9 | 11.1% |
| Total | 338 | 297 | 341 | 347 | 0.9% |
Top Suppliers of Prepared or Preserved Fish and Dishes to China in 2022:
- Pakistan (13.5K tons)
- Peru (9.6K tons)
- Thailand (8.0K tons)
- South Korea (8.0K tons)
- Japan (3.2K tons)
- Vietnam (2.8K tons)
- Mexico (1.5K tons)
- Malaysia (0.8K tons)
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes 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 10851200 - Prepared meals and dishes based on fish, crustaceans and molluscs
- Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
- Prodcom 10202580 - Other fish, prepared or preserved, whole or in pieces (excluding minced products and prepared meals and dishes)
- Prodcom 10202590 - Prepared or preserved fish (excluding whole or in pieces and prepared meals and dishes)
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.
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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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The preserved herring price in June 2023 was $6,665 per ton (FOB, China), experiencing a 22% increase compared to the previous month.
339
Exports of Preserved Mackerel reached a value of $20M in June 2023.
388
In June 2023, the price of Preserved Salmon in China increased by 51% compared to the previous month, reaching $13,061 per ton (FOB).
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In 2023, Preserved Sardines exports reached record highs and are projected to continue growing in the near future. The value of preserved sardines exports saw a substantial increase, reaching $215M in 2023.
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In value terms, preserved sardines exports reached $20M in April 2023.
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During the review period, exports of Battered Fish Fillet peaked at 531K tons in 2021. However, from 2022 to 2023, there was a decline in export volume, with exports falling to $1.3B in value terms in 2023.
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In March 2023, the battered fish fillet price amounted to $3,503 per ton (FOB, China), with a decrease of -3.2% against the previous month.
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Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
