Thailand - Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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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Price for Prepared or Preserved Fish and Dishes in Thailand - 2024

Contents:

  1. Price for Prepared or Preserved Fish and Dishes in Thailand (FOB) - 2024
  2. Price for Prepared or Preserved Fish and Dishes in Thailand (CIF) - 2024
  3. Exports of Prepared or Preserved Fish and Dishes in Thailand
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States9301,1309121,0082.7%
Japan713620616647-3.2%
Australia2612432222832.7%
Egypt1391561981758.0%
Canada177177153160-3.3%
Libya15112173.3142-2.0%
Saudi Arabia12713889.9116-3.0%
United Arab Emirates63.750.473.310919.6%
Israel66.457.346.381.06.8%
South Africa86.756.964.277.8-3.5%
Cambodia40.856.057.450.27.2%
Yemen41.365.762.438.5-2.3%
Peru63.873.742.633.5-19.3%
Others9089278279361.0%
Total3,7683,8723,4383,8560.8%

Top Export Markets for Prepared or Preserved Fish and Dishes from Thailand in 2022:

  1. United States (173.1K tons)
  2. Japan (93.3K tons)
  3. Egypt (59.0K tons)
  4. Australia (53.9K tons)
  5. Libya (34.2K tons)
  6. Canada (31.0K tons)
  7. South Africa (28.2K tons)
  8. Saudi Arabia (26.6K tons)
  9. United Arab Emirates (24.6K tons)
  10. Israel (18.7K tons)
  11. Cambodia (15.7K tons)
  12. Yemen (9.5K tons)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China10813713118118.8%
Indonesia53.250.346.874.311.8%
Vietnam51.643.734.559.64.9%
Others31.027.825.829.8-1.3%
Total24425823834412.1%

Top Suppliers of Prepared or Preserved Fish and Dishes to Thailand in 2022:

  1. China (72.3K tons)
  2. Vietnam (17.9K tons)
  3. Indonesia (16.9K tons)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine - Thailand