U.S. Seafood Product Market. Analysis And Forecast to 2030
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View PricingSeafood Product Market in the USA - Key Insights
IndexBox has just published a new report, the U.S. Seafood Product Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.
The revenue of the seafood product market in the U.S. amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015, when the market value increased by X% y-o-y. Over the period under review, the seafood product market attained its peak figure level in 2018, and is likely to see steady growth in the immediate term.
Seafood Product Production in the USA
In value terms, seafood product production stood at $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year.
Seafood Product Exports
Exports from the USA
In 2018, seafood product exports from the U.S. stood at X tons, surging by X% against the previous year. In general, seafood product exports continue to indicate an abrupt contraction.
In value terms, seafood product exports amounted to $X (IndexBox estimates) in 2018.
Exports by Country
The UK (X tons), Australia (X tons) and the Netherlands (X tons) were the main destinations of seafood product exports from the U.S., together comprising X% of total exports. New Zealand, Japan and China lagged somewhat behind, together comprising a further X%.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced a decline.
In value terms, the largest markets for seafood product exported from the U.S. were the UK ($X), Australia ($X) and the Netherlands ($X), with a combined X% share of total exports. Japan, New Zealand and China lagged somewhat behind, together comprising a further X%.
Export Prices by Country
In 2018, the average seafood product export price amounted to $X per kg, surging by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.
Export prices varied noticeably by the country of origin; the country with the highest export price was Japan ($X per kg), while the average price for exports to China ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to New Zealand (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.
Seafood Product Imports
Imports into the USA
In 2018, approx. X tons of seafood product were imported into the U.S.; rising by X% against the previous year.
In value terms, seafood product imports stood at $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, Thailand (X tons) constituted the largest seafood product supplier to the U.S., accounting for a X% share of total imports. Moreover, seafood product imports from Thailand exceeded the figures recorded by the second largest supplier, China (X tons), twofold. The third position in this ranking was occupied by Ecuador (X tons), with a X% share.
From 2013 to 2018, the average annual growth rate of volume from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Ecuador (+X% per year).
In value terms, Thailand ($X) constituted the largest supplier of seafood product to the U.S., comprising X% of total seafood product imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.
Import Prices by Country
In 2018, the average seafood product import price amounted to $X per kg, rising by X% against the previous year. In general, the seafood product import price continues to indicate a relatively flat trend pattern.
Import prices varied noticeably by the country of origin; the country with the highest import price was Fiji ($X per kg), while the price for China ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Senegal (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.
Companies Mentioned in the Report
Trident Seafoods Corporation, Gorton's Inc., Bee Bumble Foods, Icicle Seafoods, Tampa Maid Foods, Blount Fine Foods, Omega Protein Corporation, Peter Pan Seafoods, Orca Bay Seafoods, Tampa Bay Fisheries, Sea Watch International, Trans-Ocean Products, Consolidated Catfish Companies, High Liner Foods (usa), The Harris Soup Company, Kanaway Seafoods, Fisherman's Pride Processors, Copper River Seafoods, State Fish Co., America's Catch, North Coast Sea-Foods, Heartland Catfish Company, North Pacific Seafoods, Ocean Beauty Seafoods, California Shellfish Company, Thai Union International
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This report provides an in-depth analysis of the seafood product market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 311710 - Seafood product preparation and packaging
Companies mentioned:
- Trident Seafoods Corporation
- Gorton's Inc.
- Bee Bumble Foods
- Icicle Seafoods
- Tampa Maid Foods
- Blount Fine Foods
- Omega Protein Corporation
- Peter Pan Seafoods
- Orca Bay Seafoods
- Tampa Bay Fisheries
- Sea Watch International
- Trans-Ocean Products
- Consolidated Catfish Companies
- High Liner Foods (usa)
- The Harris Soup Company
- Kanaway Seafoods
- Fisherman's Pride Processors
- Copper River Seafoods
- State Fish Co.
- America's Catch
- North Coast Sea-Foods
- Heartland Catfish Company
- North Pacific Seafoods
- Ocean Beauty Seafoods
- California Shellfish Company
- Thai Union International
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
