Brazil - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Brazil - 2023
Contents:
- Frozen Fish Fillet Price in Brazil (CIF) - 2023
- Frozen Fish Fillet Price in Brazil (FOB) - 2023
- Frozen Fish Fillet Imports in Brazil
- Frozen Fish Fillet Exports in Brazil
Frozen Fish Fillet Price in Brazil (CIF) - 2023
The average frozen fish fillet import price stood at $3,752 per ton in August 2023, waning by -7.6% against the previous month. Over the period under review, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 7.9% m-o-m. The import price peaked at $4,375 per ton in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($8,240 per ton), while the price for Uruguay ($2,965 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Uruguay (-0.5%), while the prices for the other major suppliers experienced a decline.
Frozen Fish Fillet Price in Brazil (FOB) - 2023
The average frozen fish fillet export price stood at $12,067 per ton in August 2023, surging by 30% against the previous month. Over the period under review, export price indicated a prominent increase from August 2022 to August 2023: its price increased at an average monthly rate of +6.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, frozen fish fillet export price increased by +57.4% against May 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 78% m-o-m. The export price peaked in August 2023.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the United States ($12,831 per ton), while the average price for exports to Panama ($5,668 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Fillet Imports in Brazil
In 2022, approx. 59K tons of frozen fish fillet were imported into Brazil; shrinking by -9% against the year before. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 8.4% against the previous year.
In value terms, frozen fish fillet imports skyrocketed to $237M in 2022. Over the period under review, imports saw a perceptible decline.
| Import of Frozen Fish Fillet in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 66.1 | 49.7 | 69.4 | 101 | 15.2% |
| Argentina | 88.6 | 72.4 | 76.7 | 82.3 | -2.4% |
| Chile | 33.3 | 23.0 | 20.7 | 16.0 | -21.7% |
| China | 45.9 | 20.4 | 15.8 | 13.5 | -33.5% |
| Iceland | 6.2 | 1.9 | 4.1 | 7.6 | 7.0% |
| Peru | 4.2 | 0.6 | 1.5 | 3.4 | -6.8% |
| Ecuador | 6.0 | 2.5 | 1.9 | 2.8 | -22.4% |
| Others | 14.9 | 9.4 | 9.6 | 10.4 | -11.3% |
| Total | 265 | 180 | 200 | 237 | -3.7% |
Top Suppliers of Frozen Fish Fillet to Brazil in 2022:
- Vietnam (28.5K tons)
- Argentina (21.2K tons)
- China (3.1K tons)
- Iceland (1.4K tons)
- Chile (1.4K tons)
- Peru (1.1K tons)
- Ecuador (0.8K tons)
Frozen Fish Fillet Exports in Brazil
In 2022, the amount of frozen fish fillet exported from Brazil surged to 1.2K tons, jumping by 18% on 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen fish fillet exports stood at $8.4M in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 68%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Fish Fillet in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,866 | 2,842 | 6,348 | 6,919 | 54.8% |
| Libya | N/A | 0.3 | 57.6 | 320 | 3166.0% |
| Canada | 10.3 | 22.6 | 90.1 | 185 | 161.9% |
| Argentina | 678 | 798 | 328 | 179 | -35.8% |
| Ecuador | 81.5 | N/A | N/A | 92.0 | 4.1% |
| Hong Kong SAR | 17.1 | 25.7 | 14.9 | 82.9 | 69.2% |
| Vietnam | 551 | N/A | N/A | 0.6 | -89.7% |
| Guyana | 320 | 57.5 | 2.5 | N/A | -91.2% |
| Others | 1,170 | 681 | 591 | 616 | -19.3% |
| Total | 4,695 | 4,428 | 7,432 | 8,394 | 21.4% |
Top Export Markets for Frozen Fish Fillet from Brazil in 2022:
- United States (917.9 tons)
- Libya (85.2 tons)
- Argentina (42.0 tons)
- Canada (33.0 tons)
- Hong Kong SAR (27.5 tons)
- Ecuador (26.0 tons)
- Vietnam (0.1 tons)
This report provides an in-depth analysis of the frozen fish fillet market in Brazil. 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:
- Prodcom 10201400 - Frozen fish fillets
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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In February 2023, the fresh fish fillet price amounted to $12,363 per ton (CIF, Brazil), with an increase of 5.5% against the previous month.
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Explore the top import markets for frozen fish fillet and their key statistics. Find out the import values and opportunities in countries like the United States, Japan, Germany, and more.
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409
In February 2023, the fresh fish fillet price amounted to $12,363 per ton (CIF, Brazil), with an increase of 5.5% against the previous month.
425
Explore the top import markets for frozen fish fillet and their key statistics. Find out the import values and opportunities in countries like the United States, Japan, Germany, and more.
233
Explore the top import markets for fresh fish fillet and their key statistics. Learn about the countries with the highest import values for fresh fish fillet, such as the United States, France, and Sweden. Find market insights and opportunities on the IndexBox platform.
1226
In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
932
In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
