Uruguay - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 5, 2024

Uruguay - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Fish Meat Price in Uruguay - 2022

Contents:

  1. Frozen Fish Meat Price in Uruguay (CIF) - 2022
  2. Frozen Fish Meat Price in Uruguay (FOB) - 2022
  3. Frozen Fish Meat Imports in Uruguay
  4. Frozen Fish Meat Exports in Uruguay

Frozen Fish Meat Price in Uruguay (CIF) - 2022

The average frozen fish meat import price stood at $4,360 per ton in 2022, surging by 4.1% against the previous year. Overall, the import price saw a moderate expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 131%. As a result, import price attained the peak level of $7,102 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($8,479 per ton), while the price for Vietnam totaled $3,563 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%), while the prices for the other major suppliers experienced a decline.

Frozen Fish Meat Price in Uruguay (FOB) - 2022

In 2022, the average frozen fish meat export price amounted to $4,246 per ton, rising by 13% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +58.2% per year.

Frozen Fish Meat Imports in Uruguay

In 2022, approx. 142 tons of frozen fish meat were imported into Uruguay; declining by -23.7% on 2021. In general, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year.

In value terms, frozen fish meat imports dropped notably to $618K in 2022. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 172%.

Import of Frozen Fish Meat in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile606112337289-21.9%
Vietnam2,651131417267-53.5%
China70623.4N/AN/A-96.7%
Others1.519.623.261.9245.6%
Total3,965285777618-46.2%

Top Suppliers of Frozen Fish Meat to Uruguay in 2022:

  1. Vietnam (75.0 tons)
  2. Chile (34.0 tons)

Frozen Fish Meat Exports in Uruguay

In 2022, shipments abroad of frozen fish meat decreased by -22.7% to 72 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1% against the previous year. As a result, the exports reached the peak of 138 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen fish meat exports dropped to $305K in 2022. In general, exports faced a abrupt decline. The smallest decline of -0.4% was in 2021.

Export of Frozen Fish Meat in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea28536.312048.6-44.5%
United States188311234N/A11.6%
Others2.33.8-3.5257381.7%
Total475351350305-13.7%

Top Export Markets for Frozen Fish Meat from Uruguay in 2022:

  1. South Korea (24.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen fish meat market in Uruguay. 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:

  • Uruguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uruguay
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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