South-Eastern Asia: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in South-Eastern Asia

The Southeast Asian market for smoked fish other than salmon and herring reduced to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Smoked Fish Other than Salmon and Herring in South-Eastern Asia

In value terms, production of smoked fish other than salmon and herring dropped to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

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Exports of Smoked Fish Other than Salmon and Herring

Exports in South-Eastern Asia

In 2022, approx. X tons of smoked fish other than salmon and herring were exported in South-Eastern Asia; rising by X% against the previous year. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of smoked fish other than salmon and herring surged to $X in 2022. Overall, exports, however, recorded a abrupt curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia represented the key exporter of smoked fish other than salmon and herring in South-Eastern Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2022. The Philippines (X tons) took the second position in the ranking, followed by Thailand (X tons) and Vietnam (X tons). All these countries together held near X% share of total exports. Myanmar (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest smoked fish other than salmon and herring supplying countries in South-Eastern Asia were Indonesia ($X), the Philippines ($X) and Thailand ($X), together accounting for X% of total exports.

The Philippines, with a CAGR of X%, recorded 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 a decline in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Export price indicated strong 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, export price for smoked fish other than salmon and herring increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

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

Imports of Smoked Fish Other than Salmon and Herring

Imports in South-Eastern Asia

After four years of decline, purchases abroad of smoked fish other than salmon and herring increased by X% to X tons in 2022. Overall, imports saw a mild expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of smoked fish other than salmon and herring skyrocketed to $X in 2022. In general, imports recorded a moderate expansion. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of smoked fish other than salmon and herring in 2022 were Brunei Darussalam (X tons), Singapore (X tons) and Thailand (X tons), together amounting to X% of total import. It was distantly followed by Malaysia (X tons), comprising a X% share of total imports. The following importers - Indonesia (X tons), Timor-Leste (X tons) and the Philippines (X tons) - together made up X% of total imports.

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

In value terms, the largest smoked fish other than salmon and herring importing markets in South-Eastern Asia were Singapore ($X), Thailand ($X) and Brunei Darussalam ($X), with a combined X% share of total imports. Malaysia, Indonesia, the Philippines and Timor-Leste lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Timor-Leste, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. Over the period under review, the import price posted temperate growth. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while Timor-Leste ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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