Asia: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Asia

The Asian market for jellyfish, dried, salted or in brine, smoked amounted to $X in 2022, increasing by X% against the previous year. The total consumption indicated tangible growth 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, consumption increased by X% against 2014 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Asia

In value terms, production of jellyfish, dried, salted or in brine, smoked reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in Asia

Exports of jellyfish, dried, salted or in brine, smoked shrank sharply to X tons in 2022, waning by X% compared with 2021. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, exports of jellyfish, dried, salted or in brine, smoked reduced rapidly to $X in 2022. Total exports indicated a buoyant 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

In 2022, South Korea (X tons) represented the largest exporter of jellyfish, dried, salted or in brine, smoked, generating X% of total exports. Malaysia (X tons) took the second position in the ranking, followed by Indonesia (X tons), China (X tons), Thailand (X tons) and Japan (X tons). All these countries together took approx. X% share of total exports. Pakistan (X tons) held a little share of total exports.

South Korea was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked exports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, China (X%) and Indonesia (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Malaysia (X p.p.) and Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while Japan, Thailand, China and Indonesia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest jellyfish, dried, salted or in brine, smoked supplying countries in Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports.

Among the main exporting countries, South Korea, 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 2022, the export price in Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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

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

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in Asia

In 2022, imports of jellyfish, dried, salted or in brine, smoked in Asia plummeted to X tons, declining by X% on 2021 figures. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank notably in the following year.

In value terms, imports of jellyfish, dried, salted or in brine, smoked fell to $X in 2022. In general, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

China represented the largest importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by South Korea (X tons) and Malaysia (X tons), together mixing up a X% share of total imports. The following importers - Japan (X tons) and Taiwan (Chinese) (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported jellyfish, dried, salted or in brine, smoked in Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Malaysia, with an X% share.

In China, imports of jellyfish, dried, salted or in brine, smoked expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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