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

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

The East Asian market for dried cod, whether or not salted was estimated at $X in 2019, growing by X% against the previous year. The total consumption indicated measured growth from 2007 to 2019: its value 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, consumption decreased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The level of consumption peaked in 2019 and is likely to see steady growth in years to come.

Production of Dried Cod, Whether Or Not Salted in Eastern Asia

In value terms, production of dried cod, whether or not salted expanded to $X in 2019 estimated in export prices. The total production indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by +X% against 2014 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2019 and is likely to continue growth in the immediate term.

Production By Country in Eastern Asia

The country with the largest volume of production of dried cod, whether or not salted was China (X tons), 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, Japan (X tons), tenfold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

In China, production of dried cod, whether or not salted expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Japan (+X% per year) and South Korea (-X% per year).

Exports of Dried Cod, Whether Or Not Salted

Exports in Eastern Asia

After seven years of decline, overseas shipments of dried cod, whether or not salted increased by X% to X tons in 2019. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. From 2012 to 2019, the growth of exports remained at a lower figure.

In value terms, exports of dried cod, whether or not salted expanded significantly to $X in 2019. Overall, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. The level of export peaked at $X in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) represented roughly X% of total exports of dried cod, whether or not salted in 2019.

China was also the fastest-growing in terms of the dried cod, whether or not salted exports, with a CAGR of -X% from 2007 to 2019. From 2007 to 2019, the share of China increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest dried cod, whether or not salted supplier in Eastern Asia.

In China, exports of dried cod, whether or not salted declined by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the export price for dried cod, whether or not salted in Eastern Asia amounted to $X per ton, remaining constant against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to +X% per year.

Imports of Dried Cod, Whether Or Not Salted

Imports in Eastern Asia

In 2019, imports of dried cod, whether or not salted in Eastern Asia contracted to X tons, waning by -X% compared with 2018 figures. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, imports of dried cod, whether or not salted reduced remarkably to $X in 2019. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

South Korea was the main importer of dried cod, whether or not salted in Eastern Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2019. Democratic People's Republic of Korea (X tons) ranks second in terms of the total imports with a X% share, followed by China (X%), Japan (X%) and Macao SAR (X%).

From 2007 to 2019, the biggest increases were in China, while purchases for the other leaders experienced mixed trends in the imports figures.

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, with a combined X% share of total imports.

South Korea saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price for dried cod, whether or not salted in Eastern Asia stood at $X per ton in 2019, with a decrease of -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure at $X per ton in 2018, and then declined 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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