U.S. - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Cuttlefishes Price in the United States - 2023
Contents:
- Frozen Cuttlefishes Price in the United States (CIF) - 2023
- Frozen Cuttlefishes Price in the United States (FOB) - 2023
- Frozen Cuttlefishes Imports in the United States
- Frozen Cuttlefishes Exports in the United States
Frozen Cuttlefishes Price in the United States (CIF) - 2023
In July 2023, the average frozen cuttlefishes import price amounted to $4,989 per ton, shrinking by -20.5% against the previous month. In general, the import price showed a mild reduction. The growth pace was the most rapid in March 2023 when the average import price increased by 20% month-to-month. Over the period under review, average import prices hit record highs at $6,272 per ton in June 2023, and then fell remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($10,635 per ton), while the price for Argentina ($2,779 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Cuttlefishes Price in the United States (FOB) - 2023
In July 2023, the average frozen cuttlefishes export price amounted to $3,910 per ton, declining by -17.3% against the previous month. In general, export price indicated a measured increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen cuttlefishes export price increased by +40.0% against April 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 40% against the previous month. The export price peaked at $4,730 per ton in June 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Guyana ($9,958 per ton), while the average price for exports to Honduras ($1,800 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Cuttlefishes Imports in the United States
In 2022, frozen cuttlefishes imports into the United States surged to 17K tons, with an increase of 25% against the year before. Over the period under review, imports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.
In value terms, frozen cuttlefishes imports soared to $95M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Frozen Cuttlefishes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.0 | 7.6 | 9.4 | 11.5 | 8.5% |
| Argentina | 1.8 | 2.0 | 4.3 | 9.8 | 75.9% |
| China | 41.4 | 14.2 | 12.0 | 9.3 | -39.2% |
| New Zealand | 6.6 | 5.5 | 6.4 | 5.0 | -8.8% |
| Spain | 1.4 | 1.3 | 2.1 | 4.9 | 51.8% |
| Peru | 5.4 | 2.2 | 6.9 | 4.2 | -8.0% |
| Taiwan (Chinese) | 10.3 | 2.4 | 7.9 | 3.2 | -32.3% |
| Thailand | 7.6 | 5.8 | 4.5 | 2.6 | -30.1% |
| Pakistan | 2.9 | 2.2 | 3.1 | 0.5 | -44.3% |
| Others | 9.7 | 6.7 | 9.7 | 44.4 | 66.0% |
| Total | 96.1 | 50.0 | 66.4 | 95.4 | -0.2% |
Top Suppliers of Frozen Cuttlefishes to the United States in 2022:
- Argentina (2.5K tons)
- India (2.0K tons)
- China (1.7K tons)
- New Zealand (1.4K tons)
- Taiwan (Chinese) (0.8K tons)
- Peru (0.8K tons)
- Spain (0.8K tons)
- Thailand (0.3K tons)
- Pakistan (0.1K tons)
Frozen Cuttlefishes Exports in the United States
In 2022, frozen cuttlefishes exports from the United States soared to 4.5K tons, surging by 50% on the previous year's figure. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen cuttlefishes exports soared to $15M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Cuttlefishes in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 144 | 1,213 | 2,629 | 327.3% |
| China | 529 | N/A | 3,101 | 2,396 | 65.5% |
| Iceland | 1,061 | 1,617 | 1,615 | 655 | -14.9% |
| Peru | 80.6 | N/A | 188 | 405 | 71.3% |
| Panama | 371 | 404 | 306 | 208 | -17.5% |
| Japan | 100 | N/A | 3.5 | 187 | 23.2% |
| Netherlands | 100 | 441 | 200 | 131 | 9.4% |
| Mexico | 2,750 | 1,940 | 2,347 | 127 | -64.1% |
| Saudi Arabia | N/A | N/A | N/A | 124 | 0% |
| Australia | N/A | N/A | 474 | 121 | -74.5% |
| Others | 1,817 | 752 | 762 | 7,651 | 61.5% |
| Total | 6,808 | 5,298 | 10,210 | 14,634 | 29.1% |
Top Export Markets for Frozen Cuttlefishes from the United States in 2022:
- Spain (743.0 tons)
- China (722.2 tons)
- Iceland (173.3 tons)
- Japan (140.2 tons)
- Peru (130.9 tons)
- Netherlands (70.9 tons)
- Saudi Arabia (67.2 tons)
- Australia (61.3 tons)
- Panama (57.5 tons)
- Mexico (31.2 tons)
This report provides an in-depth analysis of the frozen cuttlefishes 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:
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
-
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
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