Southern Asia: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Southern Asia

The South Asian frozen salmonoids market soared to $X in 2020, rising by X% against the previous year. Overall, consumption recorded a prominent increase. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in years to come.

Frozen Salmonoids Production in Southern Asia

In value terms, frozen salmonoids production stood at $X in 2020 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. The level of production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Production By Country in Southern Asia

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

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

Frozen Salmonoids Exports

Exports in Southern Asia

In 2020, frozen salmonoids exports in Southern Asia contracted remarkably to X tons, with a decrease of -X% on the previous year's figure. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen salmonoids exports declined significantly to $X in 2020. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Pakistan represented the key exporter of frozen salmonoids in Southern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2020. Bangladesh (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by India (X%).

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

In value terms, Pakistan ($X) remains the largest frozen salmonoids supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total exports.

In Pakistan, frozen salmonoids exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (-X% per year) and India (-X% per year).

Export Prices by Country

In 2020, the frozen salmonoids export price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat 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 more modest paces of growth.

Frozen Salmonoids Imports

Imports in Southern Asia

In 2020, overseas purchases of frozen salmonoids decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen salmonoids imports dropped remarkably to $X in 2020. In general, imports recorded a mild downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Maldives represented the largest importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Sri Lanka (X tons), comprising a X% share of total imports. Bhutan (X tons) followed a long way behind the leaders.

Imports into Maldives increased at an average annual rate of +X% from 2007 to 2020. At the same time, Bhutan (+X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Sri Lanka (-X%) illustrated a downward trend over the same period. Maldives (+X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual growth rate of value in Maldives stood at +X%. 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

In 2020, the frozen salmonoids import price in Southern Asia amounted to $X per ton, dropping by -X% against the previous year. Overall, the import price, however, showed notable growth. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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