China - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in China - 2023
Contents:
- Frozen Catfish Fillet Price in China (CIF) - 2023
- Frozen Catfish Fillet Price in China (FOB) - 2023
- Frozen Catfish Fillet Imports in China
- Frozen Catfish Fillet Exports in China
Frozen Catfish Fillet Price in China (CIF) - 2023
In September 2023, the average frozen catfish fillet import price amounted to $2,193 per ton, flattening at the previous month. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices attained the peak figure at $2,846 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From September 2022 to September 2023, the rate of growth in terms of prices for Vietnam amounted to -2.1% per month.
Frozen Catfish Fillet Price in China (FOB) - 2023
The average frozen catfish fillet export price stood at $5,448 per ton in September 2023, growing by 11% against the previous month. In general, the export price, however, saw a perceptible downturn. The growth pace was the most rapid in March 2023 an increase of 35% against the previous month. Over the period under review, the average export prices hit record highs at $7,633 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Australia ($6,310 per ton), while the average price for exports to the United States amounted to $6,054 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Catfish Fillet Imports in China
In 2022, the amount of frozen catfish fillets imported into China soared to 200K tons, picking up by 88% on the previous year. In general, imports, however, saw a slight setback.
In value terms, frozen catfish fillet imports surged to $492M in 2022. Overall, imports recorded measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 449 | 347 | 211 | 492 | 3.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 449 | 347 | 211 | 492 | 3.1% |
Top Suppliers of Frozen Catfish Fillet to China in 2022:
- Vietnam (200.2K tons)
Frozen Catfish Fillet Exports in China
In 2022, shipments abroad of frozen catfish fillets decreased by -40.6% to 1.1K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 40%. As a result, the exports reached the peak of 2.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen catfish fillet exports contracted rapidly to $8.2M in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Catfish Fillet in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.4 | 14.2 | 10.2 | 5.7 | -20.6% |
| Australia | N/A | 1.6 | 1.8 | 2.3 | 19.9% |
| Canada | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 11.7 | 15.9 | 12.3 | 8.2 | -11.2% |
Top Export Markets for Frozen Catfish Fillet from China in 2022:
- United States (681.3 tons)
- Australia (364.0 tons)
- Canada (29.0 tons)
This report provides an in-depth analysis of the frozen catfish fillets 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
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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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