Price for Fish Meal; Fit for Human Consumption in India - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in India (FOB) - 2022
- Price for Fish Meal; Fit for Human Consumption in India (CIF) - 2022
- Exports of Fish Meal; Fit for Human Consumption in India
- Imports of Fish Meal; Fit for Human Consumption in India
Price for Fish Meal; Fit for Human Consumption in India (FOB) - 2022
In 2022, the average export price for fish meal; fit for human consumptia amounted to $4,046 per ton, picking up by 60% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 81% against the previous year. As a result, the export price attained the peak level of $4,514 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($41,882 per ton), while the average price for exports to Nigeria ($1,417 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 Malaysia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Meal; Fit for Human Consumption in India (CIF) - 2022
In 2022, the average import price for fish meal; fit for human consumptia amounted to $108,888 per ton, growing by 442% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($158,516 per ton), while the price for Thailand ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+58.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Meal; Fit for Human Consumption in India
In 2022, the amount of fish meal; fit for human consumptia exported from India declined markedly to 1.1 tons, with a decrease of -44.2% against the year before. In general, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 896%.
In value terms, exports of fish meal; fit for human consumptia fell to $4.4K in 2022. Overall, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 707%.
| Export of Fish Meal; Fit for Human Consumption in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 50.3 | 0.1 | 1.2 | 1.2 | -71.2% |
| Malaysia | 35.5 | 0.1 | 0.8 | 0.7 | -73.0% |
| Hong Kong SAR | 19.5 | 0.1 | 0.5 | 0.5 | -70.5% |
| United Arab Emirates | 12.7 | N/A | 0.3 | 0.3 | -71.3% |
| China | 22.6 | 0.1 | 0.4 | 0.3 | -76.3% |
| Nigeria | 20.7 | N/A | 0.3 | 0.2 | -78.7% |
| Japan | 8.8 | N/A | 0.1 | 0.1 | -77.5% |
| Others | 67.4 | 0.2 | 1.3 | 1.0 | -75.4% |
| Total | 237 | 0.6 | 4.9 | 4.4 | -73.5% |
Top Export Markets for Fish Meal; Fit for Human Consumption from India in 2022:
- Bhutan (742.0 kg)
- Nigeria (168.0 kg)
- Hong Kong SAR (48.0 kg)
- China (40.0 kg)
- United Arab Emirates (25.0 kg)
- Malaysia (17.0 kg)
- Japan (16.0 kg)
Imports of Fish Meal; Fit for Human Consumption in India
In 2022, overseas purchases of fish meal; fit for human consumptia decreased by -85% to 152 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 154%. As a result, imports reached the peak of 1 tons, and then dropped markedly in the following year.
In value terms, imports of fish meal; fit for human consumptia shrank sharply to $17K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $20K, and then fell sharply in the following year.
| Import of Fish Meal; Fit for Human Consumption in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.1 | 6.2 | 2.9 | 15.1 | 28.6% |
| Netherlands | 0.8 | 0.4 | 0.2 | 1.5 | 23.3% |
| Malaysia | N/A | N/A | 8.6 | N/A | 0% |
| Others | N/A | 6.1 | 8.7 | N/A | 42.6% |
| Total | 8.0 | 12.7 | 20.4 | 16.6 | 27.5% |
Top Suppliers of Fish Meal; Fit for Human Consumption to India in 2022:
- France (95.0 kg)
- Netherlands (56.0 kg)
366
This report provides an in-depth analysis of the market for fish meals and pellet in India.
795
This report provides an in-depth analysis of the market for dried or smoked fish in India.
182
This report provides an in-depth analysis of the market for cod, salted or in brine in India.
202
This report provides an in-depth analysis of the market for herring, salted or in brine in India.
162
This report provides an in-depth analysis of the market for dried cod, whether or not salted in India.
471
This report provides an in-depth analysis of the market for dried or salted fish in India.
674
This report provides an in-depth analysis of the smoked salmon market in India.
333
This report provides an in-depth analysis of the smoked herring market in India.
446
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring in India.
437
This report provides an in-depth analysis of the fish parts market in India.
184
In September 2023, there was a significant rate of growth with a 152% month-to-month increase in exports. However, the value of Fish Parts exports drastically declined to $1.8M by October 2023.
60
Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.
184
In September 2023, there was a significant rate of growth with a 152% month-to-month increase in exports. However, the value of Fish Parts exports drastically declined to $1.8M by October 2023.
60
Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.
