South-Eastern Asia: Fish Parts Market 2024

Fish Parts Market Size in South-Eastern Asia

In 2022, the Southeast Asian fish parts market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a remarkable 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 increased by X% against 2020 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Fish Parts Production in South-Eastern Asia

In value terms, fish parts production declined to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Fish Parts Exports

Exports in South-Eastern Asia

In 2022, the amount of fish heads, tails and maws exported in South-Eastern Asia fell to X tons, waning by X% against the previous year. In general, exports faced a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fish parts exports soared to $X in 2022. Total exports indicated notable 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Vietnam (X tons) was the largest exporter of fish heads, tails and maws, committing X% of total exports. Singapore (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%) and Thailand (X%). Malaysia (X tons) took a minor share of total exports.

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

In value terms, Vietnam ($X) remains the largest fish parts supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam amounted to X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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

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

Fish Parts Imports

Imports in South-Eastern Asia

Fish parts imports shrank to X tons in 2022, falling by X% against the year before. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, fish parts imports skyrocketed to $X in 2022. Overall, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore was the major importing country with an import of about X tons, which amounted to X% of total imports. Thailand (X tons) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%) and Malaysia (X%).

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Thailand experienced a relatively flat trend pattern. Vietnam (X p.p.), Malaysia (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported fish heads, tails and maws in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with an X% share.

In Singapore, fish parts imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated mild growth from 2012 to 2022: its price 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, fish parts import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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