Southern Asia: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Southern Asia

In 2019, the South Asian market for dried cod, whether or not salted increased by X% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in the near future.

Production of Dried Cod, Whether Or Not Salted in Southern Asia

In value terms, production of dried cod, whether or not salted rose modestly to $X in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Production By Country in Southern Asia

India (X tons) constituted the country with the largest volume of production of dried cod, whether or not salted, comprising approx. X% of total volume. Moreover, production of dried cod, whether or not salted in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), twofold. Bangladesh (X tons) ranked third in terms of total production with a X% share.

In India, production of dried cod, whether or not salted expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (-X% per year) and Bangladesh (-X% per year).

Exports of Dried Cod, Whether Or Not Salted

Exports in Southern Asia

Exports of dried cod, whether or not salted dropped to X tons in 2019, waning by -X% on 2018. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. As a result, exports attained the peak of X tons. From 2016 to 2019, the growth of exports remained at a somewhat lower figure.

In value terms, exports of dried cod, whether or not salted declined to $X in 2019. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2016 to 2019, the growth of exports remained at a lower figure.

Exports by Country

India was the main exporter of dried cod, whether or not salted in Southern Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2019. It was distantly followed by Sri Lanka (X tons), making up a X% share of total exports.

Exports from India decreased at an average annual rate of -X% from 2007 to 2019. Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) and Sri Lanka (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) and India ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

In terms of the main exporting countries, Sri Lanka saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2019, the export price for dried cod, whether or not salted in Southern Asia amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The level of export peaked at $X per ton in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sri Lanka ($X per ton), while India totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sri Lanka.

Imports of Dried Cod, Whether Or Not Salted

Imports in Southern Asia

Imports of dried cod, whether or not salted soared to X tons in 2019, surging by X% compared with the previous year. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, imports of dried cod, whether or not salted soared to $X in 2019. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

Bangladesh (X tons) and Sri Lanka (X tons) represented roughly X% of total imports of dried cod, whether or not salted in 2019.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh.

In value terms, Bangladesh ($X) constitutes the largest market for imported dried cod, whether or not salted in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in Bangladesh stood at +X%.

Import Prices by Country

In 2019, the import price for dried cod, whether or not salted in Southern Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The level of import peaked at $X per ton in 2009; however, from 2010 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per ton), while Sri Lanka stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bangladesh.

Source: IndexBox Platform

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