Southern Asia: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in Southern Asia

The South Asian dried or salted fish market contracted slightly to $X in 2022, remaining stable against the previous year. Over the period under review, consumption saw a pronounced shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Dried Or Salted Fish in Southern Asia

In value terms, dried or salted fish production totaled $X in 2022 estimated in export price. Overall, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Dried Or Salted Fish

Exports in Southern Asia

After two years of decline, shipments abroad of dried or salted fish increased by X% to X tons in 2022. Total exports indicated a prominent 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 pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, dried or salted fish exports contracted to $X in 2022. Total exports indicated a moderate expansion 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, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Maldives (X tons) and Bangladesh (X tons), together achieving a X% share of total exports. Pakistan (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to dried or salted fish exports from India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Maldives experienced a relatively flat trend pattern. From 2012 to 2022, the share of Maldives increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest dried or salted fish supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Maldives ($X), with an X% share of total exports. It was followed by Bangladesh, with an X% share.

In India, dried or salted fish exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Maldives (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Dried Or Salted Fish

Imports in Southern Asia

In 2022, the amount of dried or salted fish imported in Southern Asia expanded to X tons, rising by X% against 2021 figures. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, dried or salted fish imports fell rapidly to $X in 2022. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Bangladesh (X tons) represented the main importer of dried or salted fish, making up X% of total imports. Sri Lanka (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bhutan (X%). India (X tons) followed a long way behind the leaders.

Bangladesh was also the fastest-growing in terms of the dried or salted fish imports, with a CAGR of X% from 2012 to 2022. At the same time, Bhutan (X%) displayed positive paces of growth. By contrast, India (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh, Bhutan and India increased by X, X and X percentage points, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported dried or salted fish in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total imports. It was followed by Bhutan, with a X% share.

In Bangladesh, dried or salted fish imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Bhutan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Bhutan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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