China - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Atlantic Halibut Price in China - 2023
Contents:
- Frozen Atlantic Halibut Price in China (CIF) - 2023
- Frozen Atlantic Halibut Price in China (FOB) - 2023
- Frozen Atlantic Halibut Imports in China
- Frozen Atlantic Halibut Exports in China
Frozen Atlantic Halibut Price in China (CIF) - 2023
The average frozen atlantic halibut import price stood at $6,520 per ton in June 2023, stabilizing at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 5.1% against the previous month. As a result, import price attained the peak level of $6,587 per ton, and then declined in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Russia ($7,182 per ton) and Iceland ($6,835 per ton), while the price for Faroe Islands ($6,113 per ton) and Norway ($6,328 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Greenland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Atlantic Halibut Price in China (FOB) - 2023
In June 2023, the average frozen atlantic halibut export price amounted to $7,728 per ton, surging by 4% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 16% month-to-month. As a result, the export price attained the peak level of $8,847 per ton. From December 2022 to June 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was Thailand ($6,639 per ton), while the average price for exports to Japan amounted to $6,565 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (0.0%).
Frozen Atlantic Halibut Imports in China
In 2022, the amount of frozen atlantic halibut imported into China declined to 57K tons, falling by -6.7% compared with 2021. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 6.3% against the previous year.
In value terms, frozen atlantic halibut imports stood at $351M in 2022. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 6.4%.
| Import of Frozen Atlantic Halibut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 121 | 115 | 111 | 131 | 2.7% |
| Norway | 49.2 | 43.2 | 47.4 | 57.9 | 5.6% |
| Canada | 75.4 | 32.8 | 52.2 | 52.5 | -11.4% |
| Russia | 60.8 | 42.9 | 34.9 | 32.6 | -18.8% |
| Spain | 23.5 | 18.5 | 28.3 | 26.0 | 3.4% |
| Iceland | 21.0 | 18.8 | 22.9 | 19.5 | -2.4% |
| Portugal | 16.2 | 10.3 | 16.4 | 7.9 | -21.3% |
| Others | 40.6 | 28.7 | 17.5 | 23.2 | -17.0% |
| Total | 407 | 310 | 330 | 351 | -4.8% |
Top Suppliers of Frozen Atlantic Halibut to China in 2022:
- Greenland (22.1K tons)
- Norway (10.0K tons)
- Canada (8.1K tons)
- Russia (5.1K tons)
- Spain (4.1K tons)
- Iceland (3.0K tons)
- Portugal (1.3K tons)
Frozen Atlantic Halibut Exports in China
In 2022, shipments abroad of frozen atlantic halibut decreased by -9.3% to 5K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a pronounced slump. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen atlantic halibut exports fell dramatically to $37M in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 7.4%.
| Export of Frozen Atlantic Halibut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 33.0 | 34.9 | 26.8 | 24.5 | -9.5% |
| Taiwan (Chinese) | 8.5 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 11.3 | 19.6 | 12.0 | 104.7% |
| Total | 43.0 | 46.1 | 46.3 | 36.5 | -5.3% |
Top Export Markets for Frozen Atlantic Halibut from China in 2022:
- Japan (3.8K tons)
This report provides an in-depth analysis of the frozen atlantic halibut market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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