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World - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Global Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size

The global frozen catfish fillets market shrank to $X in 2020, falling by -X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the global market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Catfish Fillets Production

In value terms, frozen catfish fillets production expanded significantly to $X in 2020 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, global production hit record highs at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Production By Country

Vietnam (X tons) constituted the country with the largest volume of frozen catfish fillets production, comprising approx. X% of total volume. Moreover, frozen catfish fillets production in Vietnam exceeded the figures recorded by the second-largest producer, India (X tons), threefold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Vietnam amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and China (-X% per year).

Frozen Catfish Fillets Exports

Exports

In 2020, overseas shipments of frozen catfish fillets decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports recorded a mild setback. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Global exports peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish fillets exports dropped significantly to $X in 2020. In general, exports showed a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, global exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Vietnam dominates frozen catfish fillets exports structure, finishing at X tons, which was near X% of total exports in 2020. Malaysia (X tons) took a minor share of total exports.

Exports from Vietnam decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Malaysia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. While the share of Vietnam (+X p.p.) and Malaysia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest frozen catfish fillets supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports.

From 2007 to 2020, the average annual growth rate of value in Vietnam totaled -X%.

Export Prices by Country

In 2020, the average frozen catfish fillets export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. Global export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Vietnam ($X per ton), while Malaysia totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Frozen Catfish Fillets Imports

Imports

After two years of growth, overseas purchases of frozen catfish fillets decreased by -X% to X tons in 2020. Over the period under review, imports saw a mild shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Global imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen catfish fillets imports fell dramatically to $X in 2020. In general, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2019 to 2020, the growth of global imports remained at a lower figure.

Imports by Country

China represented the largest importing country with an import of about X tons, which resulted at X% of total imports. The U.S. (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Thailand (X%) and Mexico (X%). The following importers - Brazil (X tons), the Philippines (X tons), the Netherlands (X tons), the UK (X tons), Singapore (X tons) and Russia (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the frozen catfish fillets imports, with a CAGR of +X% from 2007 to 2020. At the same time, Thailand (+X%), the Philippines (+X%), Brazil (+X%), Mexico (+X%) and the UK (+X%) displayed positive paces of growth. By contrast, the U.S. (-X%), Singapore (-X%), the Netherlands (-X%) and Russia (-X%) illustrated a downward trend over the same period. China (+X p.p.), Thailand (+X p.p.), Brazil (+X p.p.), Mexico (+X p.p.) and the Philippines (+X p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of global imports.

In terms of the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen catfish fillets import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price recorded 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. As a result, import price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the UK ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest frozen catfish fillets consuming country worldwide, accounting for 25% of total volume. Moreover, frozen catfish fillets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 7.9% share.
The country with the largest volume of frozen catfish fillets production was Vietnam, accounting for 31% of total volume. Moreover, frozen catfish fillets production in Vietnam exceeded the figures recorded by the second-largest producer, India, threefold. China ranked third in terms of total production with a 11% share.
In value terms, Vietnam remains the largest frozen catfish fillets supplier worldwide, comprising 94% of global exports. The second position in the ranking was occupied by Malaysia, with a 0.7% share of global exports.
In value terms, China, the U.S. and Thailand were the countries with the highest levels of imports in 2020, together comprising 53% of global imports.
The average frozen catfish fillets export price stood at $3,554 per ton in 2020, picking up by 11% against the previous year.
The average frozen catfish fillets import price stood at $2,258 per ton in 2020, waning by -14.2% against the previous year.

This report provides an in-depth analysis of the global frozen catfish fillets market. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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