South-Eastern Asia: Freshwater Fish Market 2024

Freshwater Fish Market Size in South-Eastern Asia

The Southeast Asian freshwater fish market amounted to $X in 2022, growing by X% against the previous year. In general, consumption saw a strong expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Freshwater Fish Production in South-Eastern Asia

In value terms, freshwater fish production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Freshwater Fish Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of freshwater fish were exported in South-Eastern Asia; reducing by X% compared with the previous year's figure. Overall, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, freshwater fish exports fell to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) and Myanmar (X tons) represented roughly X% of total exports in 2022. Indonesia (X tons) ranks next in terms of the total exports with a X% share, followed by Thailand (X%) and Malaysia (X%).

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest freshwater fish supplying countries in South-Eastern Asia were the Philippines ($X), Myanmar ($X) and Indonesia ($X), together accounting for X% of total exports.

The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Export price indicated measured growth 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, freshwater fish export price increased by X% against 2014 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Freshwater Fish Imports

Imports in South-Eastern Asia

In 2022, after two years of decline, there was significant growth in purchases abroad of freshwater fish, when their volume increased by X% to X tons. Total imports indicated a modest increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, freshwater fish imports soared to $X in 2022. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Vietnam (X tons), Cambodia (X tons) and Thailand (X tons) represented roughly X% of total imports in 2022. Singapore (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported freshwater fish in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with an X% share of total imports. It was followed by Cambodia, with a X% share.

In Vietnam, freshwater fish imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Cambodia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Import price indicated a resilient 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, freshwater fish import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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