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Thailand - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat and Fish Extracts in Thailand - 2023
Contents:
- Price for Meat and Fish Extracts in Thailand (FOB) - 2022
- Price for Meat and Fish Extracts in Thailand (CIF) - 2022
- Exports of Meat and Fish Extracts in Thailand
- Imports of Meat and Fish Extracts in Thailand
Price for Meat and Fish Extracts in Thailand (FOB) - 2022
In 2022, the average meat and fish extracts export price amounted to $1,058 per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2013 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,090 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,232 per ton), while the average price for exports to the Philippines ($340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.4%), while the prices for the other major destinations experienced a decline.
Price for Meat and Fish Extracts in Thailand (CIF) - 2022
The average meat and fish extracts import price stood at $15,102 per ton in 2022, increasing by 63% against the previous year. In general, the import price saw perceptible growth. 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 origin: amid the top importers, the country with the highest price was China ($24,936 per ton), while the price for Japan amounted to $11,906 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat and Fish Extracts in Thailand
In 2022, overseas shipments of extracts and juices of meat, fish, crustaceans and molluscs decreased by -2.9% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 121% against the previous year.
In value terms, meat and fish extracts exports contracted slightly to $16M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 7.2%.
Export of Meat and Fish Extracts in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.4 | 5.8 | 5.4 | 6.0 | 10.9% |
Hong Kong SAR | 3.5 | 2.1 | 2.6 | 5.1 | 13.4% |
Philippines | 2.0 | 2.4 | 2.8 | 2.7 | 10.5% |
Australia | 0.5 | 0.6 | 0.9 | 0.8 | 17.0% |
United Kingdom | 0.2 | 0.3 | 0.3 | 0.7 | 51.8% |
South Korea | 1.8 | 2.4 | 3.0 | N/A | 29.1% |
Others | 2.1 | 1.9 | 1.5 | 0.7 | -30.7% |
Total | 14.4 | 15.5 | 16.6 | 16.0 | 3.6% |
Top Export Markets for Meat and Fish Extracts from Thailand in 2022:
- Philippines (8.0K tons)
- Japan (4.4K tons)
- Hong Kong SAR (1.6K tons)
- United Kingdom (0.5K tons)
- Australia (0.3K tons)
Imports of Meat and Fish Extracts in Thailand
In 2022, approx. 51 tons of extracts and juices of meat, fish, crustaceans and molluscs were imported into Thailand; reducing by -37.3% against 2021. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17%.
In value terms, meat and fish extracts imports expanded to $772K in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.
Import of Meat and Fish Extracts in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 820 | 295 | 410 | 459 | -17.6% |
China | 47.9 | 36.9 | 23.1 | 313 | 87.0% |
South Korea | 252 | 124 | 95.0 | N/A | -38.6% |
Malaysia | N/A | N/A | 181 | N/A | 0% |
United States | 228 | 90.1 | 33.1 | N/A | -61.9% |
Others | 20.3 | 10.9 | 13.2 | N/A | -19.4% |
Total | 1,369 | 557 | 755 | 772 | -17.4% |
Top Suppliers of Meat and Fish Extracts to Thailand in 2022:
- Japan (38.6 tons)
- China (12.5 tons)
This report provides an in-depth analysis of the market for meat and fish extracts in Thailand. 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 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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
This report provides an in-depth analysis of the market for meat and fish extracts in Thailand.
This report provides an in-depth analysis of the global market for meat and fish extracts.
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This report provides an in-depth analysis of the market for meat and fish extracts in Thailand.
This report provides an in-depth analysis of the global market for meat and fish extracts.
Global Pulpwood, Round&Split (Non-coniferous) Market Report 2019. This report provides an in-depth analysis of the global pulpwood, round&split (non-coniferous) market.
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