Eastern Asia: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Eastern Asia

The East Asian frozen salmonoids market skyrocketed to $X in 2020, growing by X% against the previous year. Overall, consumption, however, faced a dramatic setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Frozen Salmonoids Production in Eastern Asia

In value terms, frozen salmonoids production soared to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2017 to 2020, production growth remained at a lower figure.

Production By Country in Eastern Asia

The countries with the highest volumes of frozen salmonoids production in 2020 were South Korea (X tons), Japan (X tons) and Democratic People's Republic of Korea (X tons).

From 2007 to 2020, the most notable rate of growth in terms of frozen salmonoids production, amongst the leading producing countries, was attained by Democratic People's Republic of Korea, while frozen salmonoids production for the other leaders experienced mixed trends in the production figures.

Frozen Salmonoids Exports

Exports in Eastern Asia

For the fourth year in a row, Eastern Asia recorded decline in shipments abroad of frozen salmonoids, which decreased by -X% to X tons in 2020. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, frozen salmonoids exports declined to $X in 2020. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Taiwan (Chinese) (X tons), Japan (X tons) and China (X tons) represented the key exporter of frozen salmonoids in Eastern Asia, creating X% of total export. Democratic People's Republic of Korea (X tons) took a relatively small share of total exports.

From 2007 to 2020, the biggest increases were in Democratic People's Republic of Korea, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest frozen salmonoids supplying countries in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total exports. Democratic People's Republic of Korea lagged somewhat behind, comprising a further X the main exporting countries, Democratic People's Republic of Korea saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The frozen salmonoids export price in Eastern Asia stood at $X per ton in 2020, rising by X% against the previous year. Export price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen salmonoids export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports in Eastern Asia

In 2020, supplies from abroad of frozen salmonoids decreased by -X% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The volume of import peaked at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, frozen salmonoids imports stood at $X in 2020. Over the period under review, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of frozen salmonoids imports in 2020 were Japan (X tons), China (X tons) and Taiwan (Chinese) (X tons), together recording X% of total import. South Korea (X tons) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X) constitutes the largest market for imported frozen salmonoids in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In China, frozen salmonoids imports shrank by an average annual rate of -X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

The frozen salmonoids import price in Eastern Asia stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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