China: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in China

In 2021, the Chinese market for frozen atlantic salmon and danube salmon decreased by -X% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption, however, recorded modest growth. 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.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from China

In 2021, the amount of frozen atlantic salmon and danube salmon exported from China surged to X tons, with an increase of X% compared with the year before. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, exports of frozen atlantic salmon and danube salmon skyrocketed to $X in 2021. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Taiwan (Chinese) (X tons), Malaysia (X tons) and Hong Kong SAR (X tons) were the main destinations of exports of frozen atlantic salmon and danube salmon from China, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Malaysia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen atlantic salmon and danube salmon exported from China were Taiwan (Chinese) ($X), Hong Kong SAR ($X) and Malaysia ($X), with a combined X% share of total exports. The Philippines, Russia and Thailand lagged somewhat behind, together accounting for a further X the main countries of destination, the Philippines, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into China

In 2021, overseas purchases of frozen atlantic salmon and danube salmon decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports continue to indicate a slight slump. The growth pace was the most rapid 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 fell remarkably to $X in 2021. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Chile (X tons) was the main supplier of frozen atlantic salmon and danube salmon to China, accounting for a X% share of total imports. Moreover, imports of frozen atlantic salmon and danube salmon from Chile exceeded the figures recorded by the second-largest supplier, Australia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile stood at +X%.

In value terms, Chile ($X) constituted the largest supplier of frozen atlantic salmon and danube salmon to China, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Chile totaled +X%.

Import Prices by Country

In 2021, the average import price for frozen atlantic salmon and danube salmon amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per ton), while the price for Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%).

Source: IndexBox Platform

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