Southern Asia: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in Southern Asia

The South Asian frozen freshwater fish market plummeted to $X in 2022, declining by X% against the previous year. Over the period under review, consumption saw a mild curtailment. The level of consumption peaked at $X in 2021, and then fell remarkably in the following year.

Frozen Freshwater Fish Production in Southern Asia

In value terms, frozen freshwater fish production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Frozen Freshwater Fish Exports

Exports in Southern Asia

In 2022, shipments abroad of frozen freshwater fish increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, frozen freshwater fish exports soared to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) was the key exporter of frozen freshwater fish, creating X% of total exports. It was distantly followed by Pakistan (X tons), constituting a X% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the frozen freshwater fish exports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%) displayed positive paces of growth. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. India (X p.p.) and Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a pronounced slump. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 Bangladesh (X%), while the other leaders experienced a decline in the export price figures.

Frozen Freshwater Fish Imports

Imports in Southern Asia

In 2022, overseas purchases of frozen freshwater fish decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen freshwater fish imports skyrocketed to $X in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Bangladesh represented the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by India (X tons) and Sri Lanka (X tons), together comprising a X% share of total imports. Maldives (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen freshwater fish imports into Bangladesh stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Maldives experienced a relatively flat trend pattern. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Maldives and Sri Lanka saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest frozen freshwater fish importing markets in Southern Asia were India ($X), Bangladesh ($X) and Sri Lanka ($X), with a combined X% share of total imports.

In terms of the main importing countries, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price enjoyed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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