South-Eastern Asia: Frozen Fish Meat Market 2020

Frozen Fish Meat Market Size in South-Eastern Asia

The revenue of the frozen fish meat market in South-Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The frozen fish meat consumption continues to indicate a slight downturn. The growth pace was the most rapid in 2009, when market value increased by X% against the previous year. In that year, the frozen fish meat market attained their peak level of $X. From 2010 to 2017, growth of the frozen fish meat market stood at a somewhat lower level.

Frozen Fish Meat Production in South-Eastern Asia

In 2017, approx. X tons of frozen fish meat without bones (excluding fillets) were produced in South-Eastern Asia; increasing by X% against the previous year. The frozen fish meat production continues to indicate a measured setback. The growth pace was the most rapid in 2017, when the output figure increased by X% year-to-year. Over the period under review, the frozen fish meat production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Meat Exports in South-Eastern Asia

In 2017, the amount of frozen fish meat without bones (excluding fillets) exported in South-Eastern Asia amounted to X tons, shrinking by -X% against the previous year. The frozen fish meat exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Over the period under review, the frozen fish meat exports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, frozen fish meat exports amounted to $X in 2017. The total exports indicated a pronounced expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen fish meat exports decreased by -X% against 2013 indices. Over the period under review, the frozen fish meat exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Frozen Fish Meat Exports by Country in South-Eastern Asia

Vietnam prevails in frozen fish meat exports structure, amounting to X tons, which was near X% of total exports in 2017. Indonesia (X tons) ranks second in terms of the global exports with a X% share, followed by Thailand (X%) and Malaysia (X%). The Philippines (X tons) followed a long way behind the leaders.

Exports from Vietnam increased at an average annual rate of +X% from 2007 to 2017. At the same time, Indonesia (+X%), the Philippines (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%) significantly strengthened its position in terms of the global exports, while Malaysia, Indonesia and Vietnam saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest frozen fish meat supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Vietnam amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Thailand (-X% per year).

Frozen Fish Meat Export Prices by Country in South-Eastern Asia

The frozen fish meat export price in South-Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The frozen fish meat export price continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Frozen Fish Meat Imports in South-Eastern Asia

In 2017, the amount of frozen fish meat without bones (excluding fillets) imported in South-Eastern Asia totaled X tons, going up by X% against the previous year. The frozen fish meat imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the frozen fish meat imports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, frozen fish meat imports amounted to $X in 2017. The frozen fish meat imports continue to indicate a strong growth. Over the period under review, the frozen fish meat imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Frozen Fish Meat Imports by Country in South-Eastern Asia

In 2017, the Philippines (X tons) represented the main importer for frozen fish meat without bones (excluding fillets), making up X% of total imports. Thailand (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Malaysia (X%), Vietnam (X%) and Singapore (X%).

The Philippines was also the fastest growing in terms of the frozen fish meat without bones (excluding fillets) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Malaysia (+X%), Vietnam (+X%), Thailand (+X%) and Singapore (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Singapore, Vietnam, Thailand, Malaysia and the Philippines decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen fish meat markets worldwide were the Philippines ($X), Thailand ($X) and Malaysia ($X), together comprising X% of total imports.

In terms of the main importing countries , the Philippines (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Fish Meat Import Prices by Country in South-Eastern Asia

The frozen fish meat import price in South-Eastern Asia stood at $X per ton in 2017, approximately mirroring the previous year. The frozen fish meat import price continues to indicate a moderate contraction. The most prominent rate of growth was recorded in 2012, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform