Thailand - Smoked Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Smoked Fish Other than Salmon and Herring in Thailand - 2023
Contents:
- Price for Smoked Fish Other than Salmon and Herring in Thailand (FOB) - 2023
- Price for Smoked Fish Other than Salmon and Herring in Thailand (CIF) - 2022
- Exports of Smoked Fish Other than Salmon and Herring in Thailand
- Imports of Smoked Fish Other than Salmon and Herring in Thailand
Price for Smoked Fish Other than Salmon and Herring in Thailand (FOB) - 2023
In November 2023, the average export price for smoked fish other than salmon and herring amounted to $7,014 per ton, with a decrease of -20% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 25% against the previous month. The export price peaked at $8,950 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Japan ($11,510 per ton), while the average price for exports to Canada ($3,228 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Smoked Fish Other than Salmon and Herring in Thailand (CIF) - 2022
In 2022, the average import price for smoked fish other than salmon and herring amounted to $10,977 per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2020 an increase of 36%. As a result, import price reached the peak level of $11,335 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,258 per ton), while the price for Indonesia ($9,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+55.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Smoked Fish Other than Salmon and Herring in Thailand
Exports of smoked fish other than salmon and herring from Thailand amounted to 1.5K tons in 2022, surging by 14% compared with 2021. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, the exports reached the peak of 1.5K tons; afterwards, it flattened through to 2022.
In value terms, exports of smoked fish other than salmon and herring skyrocketed to $10M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Smoked Fish Other than Salmon and Herring in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.1 | 5.0 | 4.4 | 5.1 | 7.5% |
| South Korea | 0.6 | 1.3 | 1.0 | 2.4 | 58.7% |
| Nigeria | 2.0 | 1.7 | 1.4 | 1.5 | -9.1% |
| United States | N/A | 0.4 | 0.5 | 0.5 | 11.8% |
| Italy | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Australia | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Togo | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United Kingdom | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Total | 7.6 | 9.5 | 8.4 | 10.3 | 10.7% |
Top Export Markets for Smoked Fish Other than Salmon and Herring from Thailand in 2022:
- Japan (588.2 tons)
- Nigeria (423.1 tons)
- South Korea (282.4 tons)
- United States (65.1 tons)
- Italy (24.6 tons)
- Togo (24.1 tons)
- Australia (20.6 tons)
- United Kingdom (6.5 tons)
Imports of Smoked Fish Other than Salmon and Herring in Thailand
In 2022, overseas purchases of smoked fish other than salmon and herring were finally on the rise to reach 86 tons after two years of decline. Overall, imports posted a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of smoked fish other than salmon and herring skyrocketed to $940K in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Smoked Fish Other than Salmon and Herring in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 98.6 | 381 | 286.4% |
| Vietnam | 230 | 231 | N/A | 379 | 18.1% |
| Japan | 79.4 | 139 | 152 | 141 | 21.1% |
| Philippines | 305 | 88.7 | 27.6 | N/A | -69.9% |
| Myanmar | 25.9 | N/A | N/A | N/A | 0% |
| Others | 26.5 | 103 | 0.3 | 39.1 | 13.8% |
| Total | 668 | 562 | 279 | 940 | 12.1% |
Top Suppliers of Smoked Fish Other than Salmon and Herring to Thailand in 2022:
- Indonesia (39.5 tons)
- Vietnam (34.9 tons)
- Japan (9.3 tons)
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring 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 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
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
-
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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