Asia-Pacific: Preserved Fish Fillet Market 2024

Preserved Fish Fillet Market Size in Asia-Pacific

In 2022, after four years of growth, there was decline in the Asia-Pacific preserved fish fillet market, when its value decreased by X% to $X. The total consumption 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. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Preserved Fish Fillet Production in Asia-Pacific

In value terms, preserved fish fillet production dropped modestly to $X in 2022 estimated in export price. The total production indicated noticeable 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, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Preserved Fish Fillet Exports

Exports in Asia-Pacific

After four years of decline, overseas shipments of fish fillets (dried, salted or in brine, but not smoked) increased by X% to X tons in 2022. Overall, exports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, preserved fish fillet exports soared to $X in 2022. In general, exports, however, continue to indicate a slight downturn. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) held a relatively small share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest preserved fish fillet supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports.

In China, preserved fish fillet exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific 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%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, 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 Indonesia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Preserved Fish Fillet Imports

Imports in Asia-Pacific

In 2022, overseas purchases of fish fillets (dried, salted or in brine, but not smoked) decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved fish fillet imports fell to $X in 2022. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the eight major importers of fish fillets (dried, salted or in brine, but not smoked), namely Sri Lanka, Timor-Leste, China, Japan, Malaysia, Australia, South Korea and Bhutan, represented more than two-thirds of total import.

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

In value terms, the largest preserved fish fillet importing markets in Asia-Pacific were Japan ($X), Australia ($X) and South Korea ($X), together accounting for X% of total imports. China, Malaysia, Bhutan, Sri Lanka and Timor-Leste lagged somewhat behind, together comprising a further X%.

Timor-Leste, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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