India - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

India - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Seafood Meals and Pellets in India - 2023

Contents:

  1. Price for Seafood Meals and Pellets in India (FOB) - 2023
  2. Price for Seafood Meals and Pellets in India (CIF) - 2023
  3. Exports of Seafood Meals and Pellets in India
  4. Imports of Seafood Meals and Pellets in India

Price for Seafood Meals and Pellets in India (FOB) - 2023

In July 2023, the average seafood meals and pellets export price amounted to $1,529 per ton, remaining relatively unchanged against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 2.8% against the previous month. Over the period under review, the average export prices reached the maximum in July 2023.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was China ($1,777 per ton), while the average price for exports to Indonesia ($327 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seafood Meals and Pellets in India (CIF) - 2023

The average seafood meals and pellets import price stood at $1,063 per ton in July 2023, dropping by -30.8% against the previous month. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in September 2022 when the average import price increased by 13% month-to-month. Over the period under review, average import prices hit record highs at $1,885 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the United Arab Emirates ($1,073 per ton), while the price for Malta stood at $1,054 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Oman (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seafood Meals and Pellets in India

In 2022, seafood meals and pellets exports from India soared to 203K tons, rising by 155% on the year before. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, seafood meals and pellets exports soared to $280M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seafood Meals and Pellets in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam34.834.933.412653.6%
Bangladesh16.715.010.951.845.8%
Taiwan (Chinese)4.03.59.435.5107.0%
Japan1.8N/A6.825.8142.9%
Thailand5.82.41.011.224.5%
Australia1.35.21.49.795.4%
Malaysia1.61.51.97.365.9%
China5.4N/A15.2N/A67.8%
Others8.43.17.112.514.2%
Total79.965.787.328051.9%

Top Export Markets for Seafood Meals and Pellets from India in 2022:

  1. Vietnam (87.5K tons)
  2. Bangladesh (48.9K tons)
  3. Taiwan (Chinese) (22.5K tons)
  4. Japan (16.3K tons)
  5. Thailand (9.3K tons)
  6. Malaysia (6.2K tons)
  7. Australia (5.5K tons)

Imports of Seafood Meals and Pellets in India

In 2022, purchases abroad of flours, meals and pellets of fish or of crustaceans and molluscs decreased by -65.2% to 7.5K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 168% against the previous year. As a result, imports reached the peak of 39K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, seafood meals and pellets imports contracted dramatically to $12M in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 157%. As a result, imports reached the peak of $49M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Seafood Meals and Pellets in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman8.718.23.83.8-24.1%
Norway2.51.27.93.06.3%
Uruguay0.13.82.81.1122.4%
Philippines0.92.42.30.90.0%
United Arab Emirates1.21.52.10.8-12.6%
Gambia0.44.21.50.720.5%
United States0.11.51.40.571.0%
MoroccoN/A4.3N/AN/A0%
Papua New GuineaN/A3.42.3N/A-32.4%
American Samoa2.31.7N/AN/A-26.1%
Others3.06.64.61.3-24.3%
Total19.048.828.612.2-13.7%

Top Suppliers of Seafood Meals and Pellets to India in 2022:

  1. Oman (2899.9 tons)
  2. Norway (1245.6 tons)
  3. United Arab Emirates (667.0 tons)
  4. Philippines (612.5 tons)
  5. Gambia (426.0 tons)
  6. United States (399.7 tons)
  7. Uruguay (397.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for seafood meals and pellets in India. 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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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In value terms, meat flours, meal and pellets exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate ...

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Free Data: Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - India