Southern Asia: Frozen Catfish Market 2022

Frozen Catfish Market Size in Southern Asia

The South Asian frozen catfish market shrank sharply to $X in 2020, reducing by -X% against the previous year. Overall, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Frozen Catfish Production in Southern Asia

In value terms, frozen catfish production surged to $X in 2020 estimated in export prices. In general, production recorded a mild shrinkage. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

The countries with the highest volumes of frozen catfish production in 2020 were Pakistan (X tons), Bangladesh (X tons) and India (X tons).

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

Frozen Catfish Exports

Exports in Southern Asia

Frozen catfish exports surged to X tons in 2020, growing by X% against the previous year's figure. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. The volume of export peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish exports surged to $X in 2020. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Pakistan was the main exporting country with an export of about X tons, which reached X% of total exports. Bangladesh (X tons) held the second position in the ranking, distantly followed by India (X tons). All these countries together held near X% share of total exports.

Pakistan was also the fastest-growing in terms of the frozen catfish exports, with a CAGR of +X% from 2007 to 2020. At the same time, Bangladesh (+X%) and India (+X%) displayed positive paces of growth. Pakistan (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the largest frozen catfish supplying countries in Southern Asia were Bangladesh ($X), Pakistan ($X) and India ($X saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The frozen catfish export price in Southern Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. In general, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a 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 ($X per ton), while India ($X per ton) was amongst the lowest.

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

Frozen Catfish Imports

Imports in Southern Asia

In 2020, purchases abroad of frozen catfish decreased by -X% to X tons, falling for the second consecutive year after five years of growth. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, frozen catfish imports reduced sharply to $X in 2020. Over the period under review, imports, however, saw a modest increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Bangladesh was the key importer of frozen catfish in Southern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2020. Pakistan (X tons) ranks second in terms of the total imports with a X% share, followed by Sri Lanka (X%). The following importers - Afghanistan (X tons) and India (X tons) - each resulted at an X% share of total imports.

Bangladesh was also the fastest-growing in terms of the frozen catfish imports, with a CAGR of +X% from 2007 to 2020. At the same time, Pakistan (+X%) displayed positive paces of growth. By contrast, Sri Lanka (-X%), Afghanistan (-X%) and India (-X%) illustrated a downward trend over the same period. Bangladesh (+X p.p.), Sri Lanka (+X p.p.) and Pakistan (+X p.p.) significantly strengthened its position in terms of the total imports, while India and Afghanistan saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, Pakistan ($X), Bangladesh ($X) and Afghanistan ($X) were the countries with the highest levels of imports in 2020, together accounting for X% of total imports.

Among the main importing countries, Pakistan recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the frozen catfish import price in Southern Asia amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The level of import peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Afghanistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Afghanistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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