Asia: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in Asia

In 2022, after two years of decline, there was significant growth in the Asian market for fresh or chilled salmonoids fillets, when its value increased by X% to $X. In general, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Salmonoids Fillets in Asia

In value terms, fresh or chilled salmonoids fillets production expanded to $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Asia

In 2022, the amount of fresh or chilled salmonoids fillets exported in Asia declined to X tons, with a decrease of X% on 2021 figures. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports skyrocketed to $X in 2022. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tons), Pakistan (X tons) and India (X tons), together amounting to X% of total export. It was distantly followed by Iran (X tons), mixing up a X% share of total exports. Yemen (X tons), Singapore (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the largest fresh or chilled salmonoids fillets supplier in Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Singapore, with an X% share.

In the United Arab Emirates, fresh or chilled salmonoids fillets exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Asia

After three years of decline, overseas purchases of fresh or chilled salmonoids fillets increased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets imports surged to $X in 2022. In general, imports, however, continue to indicate a deep slump. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the seven major importers of fresh or chilled salmonoids fillets, namely Nepal, Palestine, Singapore, Iraq, Democratic People's Republic of Korea, Kuwait and Afghanistan, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh or chilled salmonoids fillets importing markets in Asia were Singapore ($X), Palestine ($X) and Kuwait ($X), with a combined X% share of total imports.

In terms of the main importing countries, Palestine, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price saw a resilient increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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