Indonesia: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Indonesia

The Indonesian market for frozen atlantic salmon and danube salmon was estimated at $X in 2021, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a notable increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from Indonesia

For the seventh year in a row, Indonesia recorded growth in overseas shipments of frozen atlantic salmon and danube salmon, which increased by X% to X tons in 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen atlantic salmon and danube salmon surged to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from Indonesia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +X%.

In value terms, the United States ($X) also remains the key foreign market for frozen atlantic salmon and danube salmon exports from Indonesia.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +X%.

Export Prices by Country

In 2021, the average export price for frozen atlantic salmon and danube salmon amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into Indonesia

In 2021, overseas purchases of frozen atlantic salmon and danube salmon decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of frozen atlantic salmon and danube salmon soared to $X in 2021. Over the period under review, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Chile (X tons) constituted the largest frozen atlantic salmon and danube salmon supplier to Indonesia, accounting for a X% share of total imports. Moreover, imports of frozen atlantic salmon and danube salmon from Chile exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Norway (-X% per year).

In value terms, Chile ($X) constituted the largest supplier of frozen atlantic salmon and danube salmon to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by Norway, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Norway (-X% per year).

Import Prices by Country

The average import price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Australia ($X per ton) and Chile ($X per ton), while the price for the United States ($X per ton) and Norway ($X per ton) were amongst the lowest.

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

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Source: IndexBox Platform

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