India Leads Smoked Herring Exports Despite South Asia's Market Decline
India has emerged as the leading exporter of smoked herring from South Asia, with exports reaching X tons in 2024. This comes despite a general decline in the region's smoked herring market.
The overall smoked herring production in South Asia remained relatively stable between 2022 and 2024. However, exports from the region decreased by X% to X tons in 2024, marking the third consecutive year of decline. This decrease was reflected in the market value, which fell by X% to $X in 2024.
Contrary to this trend, smoked herring imports in South Asia increased by X% to X tons in 2024, ending a six-year period of decline. The total value of these imports stood at $X, indicating a robust expansion. Despite the increase in imports, consumption of smoked herring in South Asia showed a relatively flat trend pattern from 2022 to 2024.
The export price of smoked herring in South Asia stood at $X per ton in 2024, a decline of X% from the previous year. India was the major importer of smoked herrings in South Asia in 2024, accounting for X% of total imports. Despite the challenges in the market, India's dominance in smoked herring exports persists.
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