Indonesia - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in Indonesia - 2022
Contents:
- Frozen Fish Meat Price in Indonesia (FOB) - 2022
- Frozen Fish Meat Price in Indonesia (CIF) - 2022
- Frozen Fish Meat Exports in Indonesia
- Frozen Fish Meat Imports in Indonesia
Frozen Fish Meat Price in Indonesia (FOB) - 2022
In March 2022, the average frozen fish meat export price amounted to $3,239 per ton, increasing by 16% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Singapore ($8,750 per ton), while the average price for exports to Taiwan (Chinese) ($1,043 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Meat Price in Indonesia (CIF) - 2022
The average frozen fish meat import price stood at $1,233 per ton in March 2022, growing by 5.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2022 an increase of 18% m-o-m. The import price peaked at $1,676 per ton in October 2021; however, from November 2021 to March 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Malaysia ($1,484 per ton), while the price for Vietnam ($1,166 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Fish Meat Exports in Indonesia
For the third consecutive year, Indonesia recorded decline in shipments abroad of frozen fish meat, which decreased by -19.2% to 20K tons in 2022. Over the period under review, exports recorded a deep setback. The smallest decline of -3.7% was in 2020.
In value terms, frozen fish meat exports dropped to $64M in 2022. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 5.4% against the previous year. As a result, the exports reached the peak of $88M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Frozen Fish Meat in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 16.5 | 24.9 | 20.8 | 21.3 | 8.9% |
United States | 4.9 | 2.2 | 8.1 | 13.7 | 40.9% |
South Korea | 8.5 | 10.7 | 8.1 | 7.8 | -2.8% |
Japan | 10.7 | 9.1 | 9.1 | 5.5 | -19.9% |
China | 20.7 | 18.9 | 8.0 | 5.2 | -36.9% |
Taiwan (Chinese) | 4.9 | 4.5 | 4.3 | 4.4 | -3.5% |
Singapore | 4.7 | 6.5 | 4.8 | 3.3 | -11.1% |
Thailand | 9.9 | 9.1 | 5.1 | 0.8 | -56.8% |
Others | 2.4 | 1.8 | 2.2 | 1.7 | -10.9% |
Total | 83.1 | 87.7 | 70.5 | 63.7 | -8.5% |
Top Export Markets for Frozen Fish Meat from Indonesia in 2022:
- Malaysia (6.9K tons)
- South Korea (3.9K tons)
- Taiwan (Chinese) (2.4K tons)
- China (2.0K tons)
- Japan (1.8K tons)
- United States (1.7K tons)
- Singapore (1.0K tons)
- Thailand (0.3K tons)
Frozen Fish Meat Imports in Indonesia
In 2022, imports of frozen fish meat into Indonesia surged to 7.7K tons, jumping by 107% against the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen fish meat imports soared to $15M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Fish Meat in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 3.4 | 2.1 | 3.9 | 13.3 | 57.6% |
Malaysia | N/A | 0.1 | 0.3 | 0.6 | 144.9% |
China | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
Thailand | N/A | 0.1 | N/A | 0.2 | 41.4% |
India | 0.1 | 0.6 | 0.7 | 0.1 | 0.0% |
Others | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Total | 3.9 | 3.1 | 5.5 | 14.8 | 56.0% |
Top Suppliers of Frozen Fish Meat to Indonesia in 2022:
- India (undefinedK tons)
- Vietnam (6.7K tons)
- Malaysia (0.4K tons)
- China (0.3K tons)
- Thailand (0.1K tons)
This report provides an in-depth analysis of the frozen fish meat market in Indonesia. 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 2030.
Product coverage:
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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