Asia-Pacific: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Asia-Pacific

For the fourth year in a row, the Asia-Pacific market for dried cod, whether or not salted recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the immediate term.

Production of Dried Cod, Whether Or Not Salted in Asia-Pacific

In value terms, production of dried cod, whether or not salted rose modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, production attained the peak level in 2019 and is expected to retain growth in the near future.

Production By Country in Asia-Pacific

China (X tons) constituted the country with the largest volume of production of dried cod, whether or not salted, comprising approx. X% of total volume. Moreover, production of dried cod, whether or not salted in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. The third position in this ranking was occupied by Pakistan (X tons), with a X% share.

In China, production of dried cod, whether or not salted increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: India (+X% per year) and Pakistan (-X% per year).

Exports of Dried Cod, Whether Or Not Salted

Exports in Asia-Pacific

In 2019, the amount of dried cod, whether or not salted exported in Asia-Pacific declined sharply to X tons, with a decrease of -X% against the previous year. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, exports of dried cod, whether or not salted totaled $X in 2019. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

China was the major exporting country with an export of around X tons, which accounted for X% of total exports. Myanmar (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%).

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Myanmar, while exports for the other leaders experienced a decline in the exports figures.

In value terms, China ($X) remains the largest dried cod, whether or not salted supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total exports.

In China, exports of dried cod, whether or not salted contracted by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Myanmar (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

The export price for dried cod, whether or not salted in Asia-Pacific stood at $X per ton in 2019, rising by X% against the previous year. Export price indicated modest growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, export price for dried cod, whether or not salted decreased by -X% against 2014 indices. The level of export peaked at $X per ton in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced more modest paces of growth.

Imports of Dried Cod, Whether Or Not Salted

Imports in Asia-Pacific

Imports of dried cod, whether or not salted fell to X tons in 2019, dropping by -X% against the previous year's figure. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The volume of import peaked at X tons in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, imports of dried cod, whether or not salted reduced to $X in 2019. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, South Korea (X tons), distantly followed by Democratic People's Republic of Korea (X tons), China (X tons), Australia (X tons), Japan (X tons) and Macao SAR (X tons) were the major importers of dried cod, whether or not salted, together generating X% of total imports. Thailand (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Democratic People's Republic of Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. Australia, Macao SAR, China and Thailand lagged somewhat behind, together comprising a further X terms of the main importing countries, Thailand 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 mixed trends in the imports figures.

Import Prices by Country

The import price for dried cod, whether or not salted in Asia-Pacific stood at $X per ton in 2019, declining by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018, and then reduced modestly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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