India: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in India

In 2020, after thirteen years of growth, there was decline in the Indian frozen salmonoids market, when its value decreased by -X% to $X. Overall, consumption showed significant growth. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then reduced in the following year.

Frozen Salmonoids Production in India

In value terms, frozen salmonoids production dropped to $X in 2020 estimated in export prices. Over the period under review, the total production indicated moderate growth from 2007 to 2020: its value 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, production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Frozen salmonoids production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Frozen Salmonoids Exports

Exports from India

In 2020, approx. X tons of frozen salmonoids were exported from India; which is down by -X% against 2019 figures. Overall, exports recorded a dramatic decline. The smallest decline of -X% was in 2010. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen salmonoids exports declined sharply to $X in 2020. Over the period under review, exports faced a sharp descent. The smallest decline of -X% was in 2008. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Sri Lanka (X tons) was the main destination for frozen salmonoids exports from India, accounting for a X% share of total exports. Moreover, frozen salmonoids exports to Sri Lanka exceeded the volume sent to the second major destination, the UK (X tons), threefold. Guyana (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Sri Lanka totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Guyana (+X% per year).

In value terms, Sri Lanka ($X), the UK ($X) and China ($X) constituted the largest markets for frozen salmonoids exported from India worldwide, with a combined X% share of total exports. These countries were followed by Guyana, France, the U.S. and the Netherlands, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average frozen salmonoids export price amounted to $X per ton, declining by -X% against the previous year. Overall, export price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen salmonoids export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into India

In 2020, approx. X tons of frozen salmonoids were imported into India; rising by X% on the previous year's figure. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2011 to 2020, the growth imports remained at a lower figure.

In value terms, frozen salmonoids imports rose markedly to $X in 2020. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Singapore (X tons) was the main frozen salmonoids supplier to India, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Singapore stood at +X%.

In value terms, Singapore ($X) constituted the largest supplier of frozen salmonoids to India.

From 2007 to 2020, the average annual rate of growth in terms of value from Singapore totaled +X%.

Import Prices by Country

In 2020, the average frozen salmonoids import price amounted to $X per ton, declining by -X% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2007 to 2020, the rate of growth in terms of prices for Singapore amounted to -X% per year.

Source: IndexBox Platform

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