Indonesia: Preserved Fish Fillet Market 2024

Preserved Fish Fillet Market Size in Indonesia

The Indonesian preserved fish fillet market contracted modestly to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Preserved fish fillet consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Preserved Fish Fillet Production in Indonesia

In value terms, preserved fish fillet production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Preserved fish fillet production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Preserved Fish Fillet Exports

Exports from Indonesia

In 2022, approx. X tons of fish fillets (dried, salted or in brine, but not smoked) were exported from Indonesia; picking up by X% on 2021 figures. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved fish fillet exports skyrocketed to $X in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), Timor-Leste (X tons) and Sri Lanka (X tons) were the main destinations of preserved fish fillet exports from Indonesia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Malaysia ($X) and Sri Lanka ($X) appeared to be the largest markets for preserved fish fillet exported from Indonesia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Malaysia, with a CAGR of X%, 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

In 2022, the average preserved fish fillet export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved fish fillet export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Timor-Leste ($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 Timor-Leste (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports into Indonesia

After three years of growth, supplies from abroad of fish fillets (dried, salted or in brine, but not smoked) decreased by X% to X kg in 2022. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, preserved fish fillet imports contracted sharply to $X in 2022. Over the period under review, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X kg) constituted the largest supplier of preserved fish fillet to Indonesia, with a X% share of total imports. Moreover, preserved fish fillet imports from Japan exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to X%.

In value terms, Japan ($X) constituted the largest supplier of fish fillets (dried, salted or in brine, but not smoked) to Indonesia, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at X%.

Import Prices by Country

The average preserved fish fillet import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :