Southern Asia: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Southern Asia

The South Asian preserved mackerel market stood at $X in 2022, almost unchanged from the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Preserved Mackerel Production in Southern Asia

In value terms, preserved mackerel production stood at $X in 2022 estimated in export price. The total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Preserved Mackerel Exports

Exports in Southern Asia

In 2022, overseas shipments of mackerel (prepared or preserved) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports saw a slight downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, preserved mackerel exports declined dramatically to $X in 2022. Over the period under review, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by India (X tons), committing an X% share of total exports.

Sri Lanka experienced a relatively flat trend pattern with regard to volume of exports of mackerel (prepared or preserved). At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Sri Lanka and India increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Sri Lanka totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%).

Preserved Mackerel Imports

Imports in Southern Asia

In 2022, preserved mackerel imports in Southern Asia reduced dramatically to X tons, which is down by X% against the previous year's figure. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved mackerel imports declined rapidly to $X in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sri Lanka prevails in imports structure, recording X tons, which was near X% of total imports in 2022. India (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to preserved mackerel imports into Sri Lanka 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. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.) displayed negative dynamics.

In value terms, Sri Lanka ($X) constitutes the largest market for imported mackerel (prepared or preserved) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Sri Lanka totaled X%.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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