Southern Asia: Frozen Eels Market 2022

Frozen Eels Market Size in Southern Asia

In 2020, the South Asian frozen eels market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, consumption, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2019, and then declined markedly in the following year.

Frozen Eels Production in Southern Asia

In value terms, frozen eels production shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. The level of production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

The country with the largest volume of frozen eels production was India (X tons), accounting for X% of total volume. Moreover, frozen eels production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold.

In India, frozen eels production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Frozen Eels Exports

Exports in Southern Asia

In 2020, overseas shipments of frozen eels were finally on the rise to reach X tons for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. As a result, exports attained the peak of X tons. from 2017 to 2020, the growth exports remained at a lower figure.

In value terms, frozen eels exports rose sharply to $X in 2020. In general, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, India (X tons) was the main exporter of frozen eels, constituting X% of total exports. It was distantly followed by Pakistan (X tons), making up a X% share of total exports. Bangladesh (X tons) occupied a relatively small share of total exports.

From 2007 to 2020, the biggest increases were in Bangladesh, while shipments for the other leaders experienced mixed trends in the exports figures.

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

Bangladesh recorded the highest growth rate of the value of exports, in terms of 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

In 2020, the frozen eels export price in Southern Asia amounted to $X per ton, declining by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2016 to 2020, the growth in terms of the export prices remained 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 Pakistan, while the other leaders experienced mixed trends in the export price figures.

Frozen Eels Imports

Imports in Southern Asia

In 2020, overseas purchases of frozen eels decreased by -X% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen eels imports dropped to $X in 2020. Overall, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Bangladesh prevails in frozen eels imports structure, reaching X tons, which was near X% of total imports in 2020. Maldives (X kg) held a minor share of total imports.

Bangladesh was also the fastest-growing in terms of the frozen eels imports, with a CAGR of +X% from 2007 to 2020. Maldives (-X%) illustrated a downward trend over the same period. While the share of Bangladesh (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Maldives (-X p.p.) displayed negative dynamics.

In value terms, the largest frozen eels importing markets in Southern Asia were Maldives ($X) and Bangladesh ($X saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2020, the frozen eels import price in Southern Asia amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the import price increased by X% year-to-year. Over the period under review, import prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per ton), while Bangladesh amounted to $X per ton.

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

Source: IndexBox Platform

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