Japan: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Japan

In 2020, the Japanese frozen catfish fillets market decreased by -X% to $X, falling for the second year in a row after six years of growth. Over the period under review, consumption, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Frozen catfish fillets consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Frozen Catfish Fillets Exports

Exports from Japan

In 2020, shipments abroad of frozen catfish fillets increased by X% to X tons, rising for the third year in a row after four years of decline. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of X tons; afterwards, it flattened through to 2020.

In value terms, frozen catfish fillets exports surged to $X in 2020. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Lebanon (X tons) was the main destination for frozen catfish fillets exports from Japan, accounting for a X% share of total exports. Moreover, frozen catfish fillets exports to Lebanon exceeded the volume sent to the second major destination, Malaysia (X kg), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Lebanon was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Lebanon was relatively modest.

Export Prices by Country

The average frozen catfish fillets export price stood at $X per ton in 2020, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia.

Frozen Catfish Fillets Imports

Imports into Japan

In 2020, supplies from abroad of frozen catfish fillets decreased by -X% to X tons, falling for the second consecutive year after twelve years of growth. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen catfish fillets imports contracted sharply to $X in 2020. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main supplier of frozen catfish fillets to Japan, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Vietnam amounted to +X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to Japan.

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

Import Prices by Country

In 2020, the average frozen catfish fillets import price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Market Intelligence Platform

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