Global Freshwater Fish Market 2024

Freshwater Fish Market Size

The global freshwater fish market expanded markedly to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Freshwater Fish Production

In value terms, freshwater fish production rose remarkably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Global production peaked in 2023 and is likely to see steady growth in the near future.

Freshwater Fish Exports

Exports

In 2023, global exports of freshwater fish fell to X tons, which is down by X% against 2022 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, freshwater fish exports shrank modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the global exports reached the peak figure at $X in 2022, and then shrank in the following year.

Exports by Country

China represented the largest exporting country with an export of about X tons, which amounted to X% of total exports. Myanmar (X tons) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%). The following exporters - Japan (X tons), Denmark (X tons), France (X tons), Italy (X tons), the Philippines (X tons), Vietnam (X tons), Indonesia (X tons), South Korea (X tons), Spain (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Japan (X%), Myanmar (X%), France (X%), Spain (X%), Taiwan (Chinese) (X%) and Italy (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Czech Republic and Denmark experienced a relatively flat trend pattern. By contrast, Indonesia (X%), South Korea (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, Japan and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest freshwater fish supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by France ($X), with a X% share of global exports. It was followed by Taiwan (Chinese), with a X% share.

In China, freshwater fish exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average freshwater fish export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The global export price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other global leaders experienced more modest paces of growth.

Freshwater Fish Imports

Imports

For the third consecutive year, the global market recorded growth in supplies from abroad of freshwater fish, which increased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, global imports attained the peak figure in 2023 and are likely to see gradual growth in years to come.

In value terms, freshwater fish imports expanded markedly to $X in 2023. Over the period under review, total imports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Global imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Hong Kong SAR (X tons), distantly followed by China (X tons), South Korea (X tons), Spain (X tons), Japan (X tons), Vietnam (X tons) and France (X tons) were the main importers of freshwater fish, together making up X% of total imports. The following importers - Germany (X tons), Macao SAR (X tons) and Austria (X tons) - together made up X% of total imports.

Imports into Hong Kong SAR decreased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Spain (X%), France (X%), China (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Macao SAR, Austria and Japan experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, Spain, Vietnam and France increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Hong Kong SAR ($X) and China ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of global imports. South Korea, Spain, France, Vietnam, Germany, Austria and Macao SAR lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the average freshwater fish import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform