Aquaculture for all

The aquatic product market of China

Economics +1 more

By China Fisheries - In the first half of the year, the output of aquatic product in China is 20.29 million tons, increased by 3.5% compared to the same period of last year. Thereinto, the output of fresh water product is 9.18 million tons, increased by 5.1% compared to the same period of last year.

The Aquatic Product Market of China - By China Fisheries - In the first half of the year, the output of aquatic product in China is 20.29 million tons, increased by 3.5% compared to the same period of last year. Thereinto, the output of fresh water product is 9.18 million tons, increased by 5.1% compared to the same period of last year.

I. The output of aquatic product increased steadily

The output of ocean caught product is 5.92 million tons, decreased by 0.09% compared to the same period of last year. The output of ocean breeded product is 5.19 million tons, increased by 4.9% compared to the same period of last year.

II. The consumption price of aquatic product increased slowly, the city and village market are almost the same

During the period from January to May, the national consumption price increased by 2.4% compared to the same period of last year. Thereinto, the rising range of food price increased by 4.8%, which only inferior to the rising range of housing price. The rising range of village food consumption price is 0.1% higher than the the city. The consumption price of aquatic product increased by 9.1% compared to the same period of last year. The rising range of aquatic product consumption price is higher than the rising range of foodstuff, only inferior to the rising range price of meat and egg.

From the table 1, we can learn that, although the consumption price of aquatic product increased compared to the same period of lasr year in the first half of the year, the rising range of every month is lower compared to the same period of last year. Especially after February, the rising range of aquatic product consumption price returned. By the end of May, the consumption of aquatic product is basically as the same period of last year.


From table 2, we can learn that the consumption price of townsman is almost the same as the the consumption price of farmer. This implies that the integrated market trend of city and village is gradually appeared.


From table 3, we can learn that during the period from 2001 to 2005, the price change from January to May is great. The aquatic product consumption price of every month before 2004 all decreased compared to the same period of last year. During the period from 1998 to 2004, the aquatic product consumption price was in the trend of absolutely decline.

In 2004, the aquatic product consumption price began to increase, and the rising range maintained in in a higher level. But from the situation from January to May in 2005, the consumption price increased slowly. This is because that the abundance of market supply caused the price cannot increase fully. Moreover, the demand of resident consumption was not much, especially the demand of village market was the state of frazzle, which is the important reason that the consumption price of aquatic product cannot increase highly.

III. The wholesale market price of aquatic product increased by 5.7% compared to the same period of last year.

According to the 49 aquatic product price inspection data of 72 aquatic product wholesale market in China fishery government net, the wholesale price of aquatic product in the first half of the year increased by 5.7% compared to the same period of last year. Thereinto, the price of seawater product increased by 8.8%, the price of fresh water product increased by 1.9%.

From table 4, we can learn that, the price in March and June separately decreased compared to its last month, and the price of rest monthes almost increased compared to its last month. This shows that in the whole, the wholesale price of aquatic product in the first half of the year was in the trend of increase. During the period from January to June, the wholesale market price of aquatic product of every month separately increased by 7.3%, 8.2%, -1.9%, 1.2%, 2.4%, -1.2% compared to its last month.

The price of every seawater product all increased compared to the same period of last year. Thereinto, the rising range of cephalopodous product and algae product price is the largest, separately increased by 24.5% and 25.8%. The wholesale market price of seawater fish, crustacean product and algae product increased by 9.9%, 3.7% and 5.5% separately. The price change of seawater fish, shellfish and algae in the first half of the year were stable. The wholesale market price of crustacean product basically decreased month by month, and after February, it is in the trend that the absolute price decreased. Oppositely, the wholesale market price of cephalopodous product decreased in the first five monthes, but the range became small gradually, and in June, the price began to increase and increased by 14.7% compared to May.


The price of fresh water aquatic product increased compared to the same period of last year. Thereinto, the wholesale market price of fresh water fish increased by 6.6% compared to the same period of last year, and the wholesale market price of other fresh water product increased by 1.9% compared to the same period of last year. But the price of fresh water crustacean product decreased by 24.2% compared to the same period of last year.

From table 5, we can learn that from January to May, the price of fresh water fish product increased, but the range is low. In June, the wholesale market price of fresh water fish decreased compared to its last moth. This is because that most fresh water fish product out of pond came into the market, which caused over-supply. The wholesale market price of crustacean product in March, April and June all decreased compared to its last month. The wholesale market price of fresh water crustacean product increased by 24.2% compared to the same period of last year.

IV. The quantity of aquatic product importing and exporting increased greatly, the rising range of importing higher than that of exporting.

According to the statistic of national customs, the total export amount during the period from January to May was 2.917 billion dollars, increased by 21.9% compared to the same period of last year. The quantity of export was 1,155,000 tons, increased by 18.1% compared to the same period of last year. And the price of exported aquatic product incresed. the total import amount was 1.55 billion dollars, increased by 47.5% compared to the same period of last year. The quantity of import was 1,507,000 tons, increased by 39.7% compared to the same period of last year.

1. Japan is still the largest importer of aquatic product in China

From table 1, we can learn that Japan is still the largest importer of aquatic product. It imported 42.0% aquatic product of the total. And Korea is the next, it imported 15.3% of the total. The export quantity thar China exported to Japan, America, Korea and EU account for 82.4% of the total quantity of export. The import quantity of EU increased by 47.2% compared to the same period of last year, and Korea increased by 38.6% compared to the same period of last year. In the first half of the year, the aquatic product quantity that China exported to Japan increased by 11.9% compared to the same period of last year. The aquatic product quantity that China exported to Ameica increased by 19.2% compared to the same period of last year.

2. The main export products are still frozen fish and prepared or preserved fish (roasted eel)

The export amount of frozen fish account for 31.0% of the total export amount, prepared or preserved fish account for 21.2% of the total export amount, prepared or preserved crustacean product account for 18.1% of the total export amount. The export amount of prepared or preserved crustacean product increased by 44.6% compared to the same period of lasr year. And the export amount of fresh and frozen fish increased by 42.1% compared to the same period of last year.


Roasted eel is still the main export product of China. China exported 366 million dollars roasted eel in the first half of the year, which accounts for 12.5% of the total export value. But compared to the same period of last year, the export of roasted eel decreased by 1.4% , the export value of frozen peeled shrimp decreased by 40.7%.

Source: China Fisheries - November 2005
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