Report Update: Apr 1, 2024

Thailand - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights

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Smoked Salmon Price in Thailand - 2023

Smoked Salmon Price in Thailand (FOB) - 2022

In 2022, the average smoked salmon export price amounted to $19,173 per ton, rising by 27% against the previous year. In general, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 49%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($29,752 per ton), while the average price for exports to Bangladesh ($1,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.8%).

Smoked Salmon Price in Thailand (CIF) - 2022

The average smoked salmon import price stood at $38,785 per ton in 2022, falling by -6.9% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 an increase of 84% against the previous year. As a result, import price reached the peak level of $41,668 per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($67,234 per ton), while the price for Poland ($22,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Smoked Salmon Exports in Thailand

In 2022, exports of smoked pacific, atlantic and danube salmon from Thailand declined dramatically to 21 tons, shrinking by -66.5% compared with 2021 figures. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, the exports reached the peak of 63 tons, and then dropped markedly in the following year.

In value terms, smoked salmon exports shrank rapidly to $405K in 2022. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of $954K, and then declined sharply in the following year.

Export of Smoked Salmon in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	765	588	843	218	-34.2%
Hong Kong SAR	N/A	66.8	111	186	66.9%
Bangladesh	N/A	N/A	N/A	1.0	0%
Philippines	88.4	N/A	N/A	N/A	0%
Others	31.2	0.1	0.8	N/A	-84.0%
Total	885	655	954	405	-22.9%

Top Export Markets for Smoked Salmon from Thailand in 2022:

Japan (14.4 tons)
Hong Kong SAR (6.3 tons)
Bangladesh (0.5 tons)

Smoked Salmon Imports in Thailand

For the third year in a row, Thailand recorded decline in supplies from abroad of smoked pacific, atlantic and danube salmon, which decreased by -24.8% to 5.2 tons in 2022. In general, imports faced a dramatic decline.

In value terms, smoked salmon imports declined markedly to $203K in 2022. Overall, imports continue to indicate a sharp descent.

Import of Smoked Salmon in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	82.5	50.3	102	107	9.1%
Netherlands	12.6	68.7	68.0	51.9	60.3%
France	32.2	114	96.8	20.4	-14.1%
Norway	339	185	7.6	17.0	-63.1%
Poland	9.4	4.8	3.5	6.8	-10.2%
China	1,064	131	N/A	N/A	-87.7%
Chile	N/A	63.4	N/A	N/A	0%
Germany	133	N/A	N/A	N/A	0%
Iceland	79.7	N/A	N/A	N/A	0%
Others	70.5	66.5	11.6	N/A	-59.4%
Total	1,823	684	290	203	-51.9%

Top Suppliers of Smoked Salmon to Thailand in 2022:

Netherlands (2100.0 kg)
Australia (1951.0 kg)
Norway (575.0 kg)
France (304.0 kg)
Poland (300.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the smoked salmon market 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 10202420 -
Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, 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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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