Thailand: Freshwater Fish Market 2024

Freshwater Fish Market Size in Thailand

The Thai freshwater fish market reduced to $X in 2022, shrinking by X% against the previous year. Overall, the total consumption indicated a moderate increase 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 2019 indices. Freshwater fish consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Freshwater Fish Production in Thailand

In value terms, freshwater fish production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Freshwater Fish Exports

Exports from Thailand

In 2022, approx. X tons of freshwater fish were exported from Thailand; shrinking by X% against the year before. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, freshwater fish exports rose remarkably to $X in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X tons), China (X tons) and Malaysia (X tons) were the main destinations of freshwater fish exports from Thailand, with a combined X% share of total exports. Hong Kong SAR, Myanmar, Cambodia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for freshwater fish exported from Thailand were China ($X), Lao People's Democratic Republic ($X) and Malaysia ($X), together accounting for X% of total exports. Hong Kong SAR, Myanmar, Cambodia and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average freshwater fish export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Freshwater Fish Imports

Imports into Thailand

In 2022, purchases abroad of 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, continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, freshwater fish imports declined to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Cambodia (X tons) constituted the largest supplier of freshwater fish to Thailand, accounting for a X% share of total imports. Moreover, freshwater fish imports from Cambodia exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. Myanmar (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Cambodia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Myanmar (X% per year).

In value terms, Cambodia ($X) constituted the largest supplier of freshwater fish to Thailand, comprising X% of total imports. The second position in the ranking was taken by Myanmar ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Cambodia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the average freshwater fish import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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