Thailand - 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 Thailand - 2024
Contents:
- Price for Prepared or Preserved Fish and Dishes in Thailand (FOB) - 2024
- Price for Prepared or Preserved Fish and Dishes in Thailand (CIF) - 2024
- Exports of Prepared or Preserved Fish and Dishes in Thailand
- Imports of Prepared or Preserved Fish and Dishes in Thailand
Price for Prepared or Preserved Fish and Dishes in Thailand (FOB) - 2024
In January 2024, the average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $4,693 per ton, which is down by -2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices hit record highs at $5,122 per ton in September 2023; however, from October 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Japan ($6,743 per ton), while the average price for exports to South Africa ($2,755 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.7%), while the prices for the other major destinations experienced a decline.
Price for Prepared or Preserved Fish and Dishes in Thailand (CIF) - 2024
The average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine stood at $3,166 per ton in January 2024, picking up by 2.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 37% against the previous month. Over the period under review, average import prices hit record highs at $3,431 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($4,695 per ton), while the price for China ($2,691 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Prepared or Preserved Fish and Dishes in Thailand
In 2022, approx. 806K tons of prepared or preserved fish and dishes other than dried, smoked, salted or in brine were exported from Thailand; picking up by 6.3% against the year before. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of 868K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine rose notably to $3.9B in 2022. In general, exports showed a relatively flat trend pattern.
Export of Prepared or Preserved Fish and Dishes in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 930 | 1,130 | 912 | 1,008 | 2.7% |
Japan | 713 | 620 | 616 | 647 | -3.2% |
Australia | 261 | 243 | 222 | 283 | 2.7% |
Egypt | 139 | 156 | 198 | 175 | 8.0% |
Canada | 177 | 177 | 153 | 160 | -3.3% |
Libya | 151 | 121 | 73.3 | 142 | -2.0% |
Saudi Arabia | 127 | 138 | 89.9 | 116 | -3.0% |
United Arab Emirates | 63.7 | 50.4 | 73.3 | 109 | 19.6% |
Israel | 66.4 | 57.3 | 46.3 | 81.0 | 6.8% |
South Africa | 86.7 | 56.9 | 64.2 | 77.8 | -3.5% |
Cambodia | 40.8 | 56.0 | 57.4 | 50.2 | 7.2% |
Yemen | 41.3 | 65.7 | 62.4 | 38.5 | -2.3% |
Peru | 63.8 | 73.7 | 42.6 | 33.5 | -19.3% |
Others | 908 | 927 | 827 | 936 | 1.0% |
Total | 3,768 | 3,872 | 3,438 | 3,856 | 0.8% |
Top Export Markets for Prepared or Preserved Fish and Dishes from Thailand in 2022:
- United States (173.1K tons)
- Japan (93.3K tons)
- Egypt (59.0K tons)
- Australia (53.9K tons)
- Libya (34.2K tons)
- Canada (31.0K tons)
- South Africa (28.2K tons)
- Saudi Arabia (26.6K tons)
- United Arab Emirates (24.6K tons)
- Israel (18.7K tons)
- Cambodia (15.7K tons)
- Yemen (9.5K tons)
- Peru (7.2K tons)
Imports of Prepared or Preserved Fish and Dishes in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of prepared or preserved fish and dishes other than dried, smoked, salted or in brine, which increased by 31% to 112K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.5% 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 +93.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine soared to $344M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Prepared or Preserved Fish and Dishes in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 108 | 137 | 131 | 181 | 18.8% |
Indonesia | 53.2 | 50.3 | 46.8 | 74.3 | 11.8% |
Vietnam | 51.6 | 43.7 | 34.5 | 59.6 | 4.9% |
Others | 31.0 | 27.8 | 25.8 | 29.8 | -1.3% |
Total | 244 | 258 | 238 | 344 | 12.1% |
Top Suppliers of Prepared or Preserved Fish and Dishes to Thailand in 2022:
- China (72.3K tons)
- Vietnam (17.9K tons)
- Indonesia (16.9K tons)
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes 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 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:
- 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
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes in Thailand.
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This report provides an in-depth analysis of the preserved mackerel market in Thailand.
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In August 2023, the growth rate reached its peak with a staggering 902% increase compared to the previous month. The value of imported Preserved Anchovies, however, drastically declined to $149K in September 2023.
During the period examined, exports of Preserved Mackerel reached a peak of 36K tons in 2015, but from 2016 to 2023, they did not recover. The value of preserved mackerel exports dropped to $76M in 2023.
In February 2023, the preserved mackerel price was $4,043 per ton FOB Thailand, staying the same compared to the previous month.
The price of Preserved Salmon in July 2023 was $9,233 per ton (FOB, Thailand), representing a 4.8% increase compared to the previous month.
In March 2023, Preserved Sardines saw a striking 48% month-on-month growth in exports. However, by January 2024, the value of preserved sardines exports decreased to $11M.
In May 2023, the pace of growth for Preserved Tuna exports was at its fastest with a 26% increase from the previous month. By January 2024, the total value of Preserved Tuna exports reached $180M.
During the period from November 2022 to September 2023, there was a noticeable decline in the growth of exports. The value of Battered Fish Fillet exports significantly dropped to $5.8M in September 2023.
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
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.