China: Freshwater Fish Market 2024

Freshwater Fish Market Size in China

The Chinese freshwater fish market soared to $X in 2022, jumping by X% against the previous year. In general, consumption enjoyed buoyant growth. Freshwater fish consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Freshwater Fish Production in China

In value terms, freshwater fish production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Freshwater Fish Exports

Exports from China

In 2022, exports of freshwater fish from China expanded modestly to X tons, with an increase of X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, freshwater fish exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for freshwater fish exports from China, with a X% share of total exports. Moreover, freshwater fish exports to Hong Kong SAR exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Vietnam (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Vietnam (X% per year).

In value terms, Hong Kong SAR ($X), Japan ($X) and South Korea ($X) constituted the largest markets for freshwater fish exported from China worldwide, with a combined X% share of total exports. Vietnam and Macao SAR lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 average freshwater fish export price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Freshwater Fish Imports

Imports into China

In 2022, approx. X tons of freshwater fish were imported into China; picking up by X% compared with 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, freshwater fish imports soared to $X in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Myanmar (X tons), the Philippines (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of freshwater fish imports to China, with a combined X% share of total imports. Bangladesh, Indonesia and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of freshwater fish to China, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Hong Kong SAR totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Myanmar (X% per year).

Import Prices by Country

In 2022, the average freshwater fish import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price recorded prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Bangladesh ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :