Eastern Asia's Smoked Herring Market Sees Mixed 2024: Exports Surge, Consumption Drops
The smoked herring market in Eastern Asia saw significant shifts in 2024. Exports surged to X tons, with the export price reaching $X per ton. However, consumption and the overall market size both contracted.
The Netherlands, Norway, and Germany traditionally lead exports, while Japan, South Korea, and China are the main importers. Despite this, specific export and import data for 2012-2024 is unavailable, making a detailed analysis of trade flows challenging.
China emerged as the largest exporter in 2024, with a share of X%. Meanwhile, Hong Kong SAR remained the key importer, accounting for X% of the market. Japan had the highest import price at $X per ton. Despite these changes, the market's total value shrank to $X in 2024.
The import price increased by X% to $X per ton, but imports decreased by X% to X tons, reflecting the market's overall decline.
The smoked herring market in Eastern Asia experienced a mixed year in 2024. While exports soared and key players shifted, overall consumption and market size decreased. The future of the market remains uncertain, pending further developments in trade dynamics and consumer demand.
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