Brazil - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in Brazil - 2023
Contents:
- Frozen Fish Meat Price in Brazil (CIF) - 2023
- Frozen Fish Meat Price in Brazil (FOB) - 2023
- Frozen Fish Meat Imports in Brazil
- Frozen Fish Meat Exports in Brazil
Frozen Fish Meat Price in Brazil (CIF) - 2023
In August 2023, the average frozen fish meat import price amounted to $7,105 per ton, approximately reflecting the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 24% against the previous month. Over the period under review, average import prices attained the peak figure at $8,811 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($8,018 per ton), while the price for China ($5,201 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 Portugal (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Fish Meat Price in Brazil (FOB) - 2023
In August 2023, the average frozen fish meat export price amounted to $10,568 per ton, picking up by 114% against the previous month. In general, export price indicated a resilient expansion from August 2022 to August 2023: its price increased at an average monthly rate of +5.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, frozen fish meat export price increased by +114.1% against July 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the United States ($18,863 per ton), while the average price for exports to Guyana ($2,652 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 (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Meat Imports in Brazil
In 2022, the amount of frozen fish meat imported into Brazil surged to 1.9K tons, rising by 26% compared with the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen fish meat imports skyrocketed to $13M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Frozen Fish Meat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.1 | 2.4 | 3.2 | 6.2 | 14.8% |
| Portugal | 2.5 | 3.0 | 4.7 | 5.2 | 27.7% |
| United States | 1.6 | 1.5 | 1.2 | 1.5 | -2.1% |
| China | N/A | 0.1 | 0.4 | N/A | 300.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 8.4 | 7.0 | 9.5 | 12.9 | 15.4% |
Top Suppliers of Frozen Fish Meat to Brazil in 2022:
- Chile (881.6 tons)
- Portugal (732.3 tons)
- United States (312.7 tons)
Frozen Fish Meat Exports in Brazil
Frozen fish meat exports from Brazil skyrocketed to 233 tons in 2022, picking up by 27% on 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 71%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, frozen fish meat exports skyrocketed to $1.7M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 144% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Frozen Fish Meat in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.9 | 75.7 | 621 | 1,161 | 193.5% |
| Marshall Islands | 50.4 | 63.7 | 64.1 | 90.7 | 21.6% |
| Panama | 60.5 | 59.7 | 71.1 | 85.3 | 12.1% |
| Liberia | 34.9 | 41.7 | 48.2 | 68.8 | 25.4% |
| South Africa | 0.1 | 0.1 | N/A | 56.7 | 727.7% |
| Singapore | 30.8 | 35.8 | 28.3 | 31.7 | 1.0% |
| Hong Kong SAR | 30.9 | 24.5 | 27.7 | 29.3 | -1.8% |
| Guyana | 7.0 | 10.4 | 31.1 | 26.8 | 56.4% |
| Norway | 23.7 | 17.4 | 16.4 | 21.8 | -2.7% |
| Malta | 18.6 | 15.2 | 23.6 | 14.3 | -8.4% |
| Greece | 9.6 | 8.4 | 14.3 | 11.5 | 6.2% |
| Cyprus | 10.6 | 14.9 | 11.6 | 8.2 | -8.2% |
| Taiwan (Chinese) | 116 | 0.5 | 0.5 | 0.1 | -90.5% |
| Others | 97.3 | 93.3 | 169 | 85.7 | -4.1% |
| Total | 536 | 461 | 1,128 | 1,692 | 46.7% |
Top Export Markets for Frozen Fish Meat from Brazil in 2022:
- Taiwan (Chinese) (undefined tons)
- United States (128.9 tons)
- Panama (17.2 tons)
- Marshall Islands (16.6 tons)
- Guyana (14.7 tons)
- Liberia (12.1 tons)
- South Africa (8.0 tons)
- Singapore (6.1 tons)
- Hong Kong SAR (5.5 tons)
- Norway (3.3 tons)
- Greece (2.7 tons)
- Malta (2.5 tons)
- Cyprus (2.1 tons)
This report provides an in-depth analysis of the frozen fish meat 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 10201500 - Frozen fish meat without bones (excluding 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
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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
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