Report Update Apr 1, 2024

Saudi Arabia - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Saudi Arabia

In 2020, the Saudi frozen catfish fillets market decreased by -X% to $X for the first time since 2014, thus ending a five-year rising trend. Over the period under review, consumption, however, saw a mild decrease. The growth pace was the most rapid in 2018 when the market value increased by X% y-o-y. Frozen catfish fillets consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Frozen Catfish Fillets Production in Saudi Arabia

In value terms, frozen catfish fillets production contracted to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% y-o-y. Frozen catfish fillets production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Frozen Catfish Fillets Exports

Exports from Saudi Arabia

In 2020, shipments abroad of frozen catfish fillets decreased by X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, frozen catfish fillets exports amounted to $X in 2020. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for frozen catfish fillets exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2007 to 2018, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average frozen catfish fillets export price stood at $X per ton in 2018, increasing by X% against the previous year. Overall, the export price recorded a resilient increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Frozen Catfish Fillets Imports

Imports into Saudi Arabia

In 2020, supplies from abroad of frozen catfish fillets decreased by -X% to X tons for the first time since 2016, thus ending a three-year declining trend. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports rose significantly to $X in 2020. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Malaysia (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of frozen catfish fillets imports to Saudi Arabia.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen catfish fillets suppliers to Saudi Arabia were the United Arab Emirates ($X), Malaysia ($X) and India ($X), with a combined X% share of total imports.

Malaysia (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average frozen catfish fillets import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price enjoyed a buoyant expansion. As a result, import price reached 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 India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish fillets in the world?

The country with the largest volume of frozen catfish fillets consumption was China, accounting for 25% of total volume. Moreover, frozen catfish fillets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 7.9% share.

What are the largest producers of frozen catfish fillets in the world?

Vietnam remains the largest frozen catfish fillets producing country worldwide, comprising approx. 31% of total volume. Moreover, frozen catfish fillets production in Vietnam exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by China, with a 11% share.

What are the leading suppliers of frozen catfish fillets to Saudi Arabia?

In value terms, the largest frozen catfish fillets suppliers to Saudi Arabia were the United Arab Emirates, Malaysia and India, together comprising 100% of total imports.

What is the average export price for frozen catfish fillets in Saudi Arabia?

In 2018, the average frozen catfish fillets export price amounted to $3,650 per ton, rising by 21% against the previous year.

What is the average import price for frozen catfish fillets in Saudi Arabia?

In 2020, the average frozen catfish fillets import price amounted to $3,267 per ton, rising by 20% against the previous year.

This report provides an in-depth analysis of the frozen catfish fillets market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023