Southern Asia: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Southern Asia

The South Asian frozen atlantic halibut market was estimated at $X in 2020, therefore, remained relatively stable against the previous year. The total consumption indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to see steady growth in the near future.

Frozen Atlantic Halibut Production in Southern Asia

In value terms, frozen atlantic halibut production amounted to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Production By Country in Southern Asia

The countries with the highest volumes of frozen atlantic halibut production in 2020 were Bangladesh (X tons), Pakistan (X tons) and India (X tons), together accounting for X% of total production.

From 2007 to 2020, the biggest increases were in Pakistan, while frozen atlantic halibut production for the other leaders experienced more modest paces of growth.

Frozen Atlantic Halibut Exports

Exports in Southern Asia

In 2020, overseas shipments of frozen atlantic halibut increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, frozen atlantic halibut exports shrank slightly to $X in 2020. In general, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tons) and Pakistan (X tons) were the largest exporters of frozen atlantic halibut in 2020, recording near X% and X% of total exports, respectively. It was distantly followed by Bangladesh (X tons), making up a X% share of total exports.

From 2007 to 2020, the biggest increases were in India, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Bangladesh ($X), India ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2020.

Among the main exporting countries, India saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The frozen atlantic halibut export price in Southern Asia stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced a decline in the export price figures.

Frozen Atlantic Halibut Imports

Imports in Southern Asia

Frozen atlantic halibut imports dropped significantly to X kg in 2020, falling by -X% against 2019 figures. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. from 2016 to 2020, the growth imports remained at a lower figure.

In value terms, frozen atlantic halibut imports dropped rapidly to $X in 2020. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2016 to 2020, the growth imports remained at a lower figure.

Imports by Country

India represented the main importing country with an import of about X kg, which recorded X% of total imports. It was distantly followed by Maldives (X kg), committing a X% share of total imports.

India was also the fastest-growing in terms of the frozen atlantic halibut imports, with a CAGR of -X% from 2007 to 2020. Maldives (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the total imports, while Maldives saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, India ($X) constitutes the largest market for imported frozen atlantic halibut in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total imports.

In India, frozen atlantic halibut imports decreased by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

The frozen atlantic halibut import price in Southern Asia stood at $X per ton in 2020, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Maldives ($X per ton), while India stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Maldives.

Source: IndexBox Platform

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