Report China - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights for 499$
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China - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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China: Frozen Whole Fish Market 2022

Frozen Whole Fish Market Size in China

In 2021, the Chinese frozen whole fish market decreased by -7.9% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Frozen whole fish consumption peaked at $X in 2020, and then declined in the following year.

Frozen Whole Fish Production in China

In value terms, frozen whole fish production reduced to $X in 2021 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +78.2% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 49%. Over the period under review, production reached the maximum level at $X in 2020, and then contracted in the following year.

Frozen Whole Fish Exports

Exports from China

In 2021, frozen whole fish exports from China dropped dramatically to X tons, with a decrease of -16.8% against the previous year's figure. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2016 when exports increased by 24% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, frozen whole fish exports reduced modestly to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 8.6% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), the Philippines (X tons) and Thailand (X tons) were the main destinations of frozen whole fish exports from China, together accounting for 36% of total exports. These countries were followed by Vietnam, Indonesia, Nigeria, Malaysia, Japan, Hong Kong SAR, Ghana, Russia, the United States and Taiwan (Chinese), which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +23.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), South Korea ($X) and Thailand ($X) constituted the largest markets for frozen whole fish exported from China worldwide, with a combined 31% share of total exports. Hong Kong SAR, Vietnam, Japan, Malaysia, Taiwan (Chinese), Indonesia, the United States, Russia, Nigeria and Ghana lagged somewhat behind, together comprising a further 45%.

Among the main countries of destination, Russia, with a CAGR of +31.1%, 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

The average frozen whole fish export price stood at $X per ton in 2021, rising by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Fish Imports

Imports into China

In 2021, purchases abroad of frozen whole fish decreased by -26.2% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of 9.4% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen whole fish imports dropped to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 23% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of frozen whole fish to China, with a 36% share of total imports. Moreover, frozen whole fish imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.6% per year) and Norway (+0.3% per year).

In value terms, Russia ($X) constituted the largest supplier of frozen whole fish to China, comprising 30% of total imports. The second position in the ranking was taken by Norway ($X), with a 12% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+4.1% per year) and the United States (-6.4% per year).

Import Prices by Country

The average frozen whole fish import price stood at $X per ton in 2021, with an increase of 22% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Greenland ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole fish in the world?
+
China constituted the country with the largest volume of frozen whole fish consumption, comprising approx. 40% of total volume. Moreover, frozen whole fish consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sixfold. Thailand ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of frozen whole fish in the world?
+
The country with the largest volume of frozen whole fish production was China, accounting for 38% of total volume. Moreover, frozen whole fish production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. Mauritania ranked third in terms of total production with a 5.7% share.
What are the leading suppliers of frozen whole fish to China?
+
In value terms, Russia constituted the largest supplier of frozen whole fish to China, comprising 30% of total imports. The second position in the ranking was held by Norway, with a 12% share of total imports. It was followed by the United States, with a 12% share.
What are the leading importers of frozen whole fish from China?
+
In value terms, the Philippines, South Korea and Thailand appeared to be the largest markets for frozen whole fish exported from China worldwide, together comprising 31% of total exports. These countries were followed by Hong Kong SAR, Vietnam, Japan, Malaysia, Taiwan Chinese), Indonesia, the United States, Russia, Nigeria and Ghana, which together accounted for a further 45%.
What is the average export price for frozen whole fish in China?
+
The average frozen whole fish export price stood at $3,161 per ton in 2021, with an increase of 19% against the previous year.
What is the average import price for frozen whole fish in China?
+
The average frozen whole fish import price stood at $2,172 per ton in 2021, increasing by 22% against the previous year.

This report provides an in-depth analysis of the frozen whole fish market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 10201330 - Frozen whole salt water fish
• Prodcom 10201360 - Frozen whole fresh water fish
• Prodcom 10201600 - Frozen fish livers and roes
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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