Asia: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Asia

For the fourth year in a row, the Asian market for frozen atlantic salmon and danube salmon recorded decline in sales value, which decreased by -X% to $X in 2021. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Frozen Atlantic Salmon And Danube Salmon in Asia

In value terms, production of frozen atlantic salmon and danube salmon declined modestly to $X in 2021 estimated in export price. Overall, production, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in Asia

In 2021, approx. X tons of frozen atlantic salmon and danube salmon were exported in Asia; rising by X% on the year before. Overall, exports, however, showed a abrupt decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon soared to $X in 2021. Over the period under review, exports, however, continue to indicate a mild shrinkage. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) was the major exporter of frozen atlantic salmon and danube salmon, committing X% of total exports. It was distantly followed by Myanmar (X tons), Kyrgyzstan (X tons) and Thailand (X tons), together mixing up a X% share of total exports. Vietnam (X tons), Lebanon (X tons), Singapore (X tons), Japan (X tons), Oman (X tons), South Korea (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to frozen atlantic salmon and danube salmon exports from China stood at +X%. At the same time, Kyrgyzstan (+X%), Oman (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. Lebanon, Myanmar and Kazakhstan experienced a relatively flat trend pattern. By contrast, Singapore (-X%), Vietnam (-X%), Japan (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Myanmar (+X p.p.), Kyrgyzstan (+X p.p.), Lebanon (+X p.p.), Oman (+X p.p.) and Kazakhstan (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Vietnam (-X p.p.), Japan (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Myanmar ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising X% of total exports.

Among the main exporting countries, Kyrgyzstan, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Oman ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced more modest paces of growth.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in Asia

In 2021, imports of frozen atlantic salmon and danube salmon in Asia declined rapidly to X tons, with a decrease of -X% against the year before. Overall, imports showed a slight slump. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of frozen atlantic salmon and danube salmon declined significantly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons), distantly followed by Kazakhstan (X tons), China (X tons), the Philippines (X tons), Vietnam (X tons), Malaysia (X tons) and South Korea (X tons) were the key importers of frozen atlantic salmon and danube salmon, together achieving X% of total imports. Israel (X tons), the United Arab Emirates (X tons), Hong Kong SAR (X tons), Japan (X tons) and Georgia (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United Arab Emirates (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Kazakhstan ($X) and China ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of total imports. The Philippines, South Korea, Malaysia, Israel, the United Arab Emirates, Hong Kong SAR, Vietnam, Japan and Georgia lagged somewhat behind, together accounting for a further X the main importing countries, the United Arab Emirates, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while Georgia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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