Global Preserved Mackerel Market 2024

Preserved Mackerel Market Size

In 2022, the global preserved mackerel market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Preserved Mackerel Production

In value terms, preserved mackerel production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Preserved Mackerel Exports

Exports

In 2022, the amount of mackerel (prepared or preserved) exported worldwide was estimated at X tons, remaining constant against 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, preserved mackerel exports dropped slightly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

China was the main exporting country with an export of around X tons, which recorded X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%) and Morocco (X%). Portugal (X tons), Latvia (X tons), Ecuador (X tons), Poland (X tons), Denmark (X tons) and the Netherlands (X tons) took a minor share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%), the Netherlands (X%), Poland (X%), Vietnam (X%), Latvia (X%) and Portugal (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%), Thailand (X%) and Denmark (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Vietnam, Ecuador, Latvia and Poland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest preserved mackerel supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Thailand ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average preserved mackerel export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while China ($X per ton) was amongst the lowest.

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

Preserved Mackerel Imports

Imports

In 2022, after two years of decline, there was growth in overseas purchases of mackerel (prepared or preserved), when their volume increased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of global imports remained at a lower figure.

In value terms, preserved mackerel imports totaled $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of global imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons), followed by the United States (X tons), Ghana (X tons) and Thailand (X tons) were the key importers of mackerel (prepared or preserved), together generating X% of total imports. The following importers - Haiti (X tons), Jamaica (X tons), the UK (X tons), France (X tons), Italy (X tons), Indonesia (X tons), Yemen (X tons), Spain (X tons) and Singapore (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Haiti (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported mackerel (prepared or preserved) worldwide, comprising X% of global imports. The second position in the ranking was taken by the United States ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

The average preserved mackerel import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Haiti ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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