Asia-Pacific: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Asia-Pacific

In 2021, the Asia-Pacific market for frozen atlantic salmon and danube salmon decreased by -X% to $X, falling for the third year in a row after two years of growth. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Frozen Atlantic Salmon And Danube Salmon in Asia-Pacific

In value terms, production of frozen atlantic salmon and danube salmon dropped modestly to $X in 2021 estimated in export price. In general, production recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in Asia-Pacific

In 2021, exports of frozen atlantic salmon and danube salmon in Asia-Pacific surged to X tons, rising by X% compared with 2020. Over the period under review, exports, however, showed a abrupt shrinkage. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of frozen atlantic salmon and danube salmon surged to $X in 2021. In general, exports, however, showed a slight descent. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China was the major exporter of frozen atlantic salmon and danube salmon in Asia-Pacific, with the volume of exports recording X tons, which was near X% of total exports in 2021. Australia (X tons) ranks second in terms of the total exports with a X% share, followed by Myanmar (X%) and Thailand (X%). Vietnam (X tons), Singapore (X tons) and Japan (X tons) held a minor share of total exports.

China was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon exports, with a CAGR of +X% from 2012 to 2021. At the same time, Australia (+X%) displayed positive paces of growth. Myanmar experienced a relatively flat trend pattern. By contrast, Singapore (-X%), Vietnam (-X%), Japan (-X%) and Thailand (-X%) illustrated a downward trend over the same period. China (+X p.p.), Australia (+X p.p.) and Myanmar (+X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam, Japan and Thailand saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen atlantic salmon and danube salmon supplying countries in Asia-Pacific were China ($X), Australia ($X) and Myanmar ($X), with a combined X% share of total exports.

China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Myanmar ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in Asia-Pacific

In 2021, approx. X tons of frozen atlantic salmon and danube salmon were imported in Asia-Pacific; declining by -X% compared with the previous year. Over the period under review, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of frozen atlantic salmon and danube salmon contracted sharply to $X in 2021. Overall, imports recorded a mild descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Thailand represented the key importer of frozen atlantic salmon and danube salmon in Asia-Pacific, with the volume of imports recording X tons, which was near X% of total imports in 2021. China (X tons) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%), Vietnam (X%), Malaysia (X%), South Korea (X%) and Hong Kong SAR (X%).

Thailand was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon imports, with a CAGR of +X% from 2012 to 2021. At the same time, Malaysia (+X%) displayed positive paces of growth. The Philippines experienced a relatively flat trend pattern. By contrast, China (-X%), Vietnam (-X%), Hong Kong SAR (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of Thailand (+X p.p.), the Philippines (+X p.p.), Malaysia (+X p.p.) and China (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Vietnam (-X p.p.), Hong Kong SAR (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) constitutes the largest market for imported frozen atlantic salmon and danube salmon in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

In Thailand, imports of frozen atlantic salmon and danube salmon expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hong Kong SAR ($X per ton) and China ($X per ton), while Vietnam ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :