Asia: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in Asia

The Asian frozen freshwater fish market expanded modestly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Freshwater Fish Production in Asia

In value terms, frozen freshwater fish production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Frozen Freshwater Fish Exports

Exports in Asia

In 2022, approx. X tons of frozen freshwater fish were exported in Asia; therefore, remained relatively stable against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen freshwater fish exports totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X tons), distantly followed by India (X tons), Vietnam (X tons), Myanmar (X tons) and Indonesia (X tons) were the largest exporters of frozen freshwater fish, together mixing up X% of total exports. Oman (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), Pakistan (X tons), Japan (X tons), Iran (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest frozen freshwater fish supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with an X% share of total exports. It was followed by India, with an X% share.

In China, frozen freshwater fish exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Frozen Freshwater Fish Imports

Imports in Asia

In 2022, imports of frozen freshwater fish in Asia expanded modestly to X tons, picking up by X% on the previous year. Over the period under review, imports, however, continue to indicate a mild decline. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen freshwater fish imports surged to $X in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the key importing country with an import of around X tons, which finished at X% of total imports. South Korea (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%), Malaysia (X%) and Thailand (X%). Vietnam (X tons), the United Arab Emirates (X tons), Hong Kong SAR (X tons), Saudi Arabia (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Malaysia (X%), Vietnam (X%), Hong Kong SAR (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%), Japan (X%), Taiwan (Chinese) (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Malaysia, the United Arab Emirates and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen freshwater fish in Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, frozen freshwater fish imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of import peaked at $X per ton in 2017; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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