U.S. - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in the United States - 2023
Contents:
- Frozen Freshwater Fish Price in the United States (CIF) - 2023
- Frozen Freshwater Fish Price in the United States (FOB) - 2023
- Frozen Freshwater Fish Imports in the United States
- Frozen Freshwater Fish Exports in the United States
Frozen Freshwater Fish Price in the United States (CIF) - 2023
In August 2023, the average frozen freshwater fish import price amounted to $3,001 per ton, rising by 1.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 12% against the previous month. As a result, import price reached the peak level of $3,658 per ton. From October 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Brazil ($5,741 per ton), while the price for Canada ($1,564 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 Myanmar (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in the United States (FOB) - 2023
The average frozen freshwater fish export price stood at $3,549 per ton in August 2023, increasing by 3.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 13% m-o-m. As a result, the export price attained the peak level of $4,487 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($4,747 per ton), while the average price for exports to Aruba ($2,289 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 Vietnam (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in the United States
After three years of growth, supplies from abroad of frozen freshwater fish decreased by -13.3% to 120K tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 138K tons, and then declined in the following year.
In value terms, frozen freshwater fish imports shrank slightly to $423M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of $427M, leveling off in the following year.
| Import of Frozen Freshwater Fish in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 44.2 | 53.6 | 73.8 | 99.6 | 31.1% |
| China | 107 | 101 | 118 | 95.6 | -3.7% |
| Taiwan (Chinese) | 46.3 | 43.0 | 50.3 | 51.9 | 3.9% |
| Vietnam | 20.6 | 24.1 | 26.3 | 31.4 | 15.1% |
| Mexico | 17.9 | 16.0 | 14.9 | 16.4 | -2.9% |
| Canada | 17.0 | 15.6 | 18.4 | 14.5 | -5.2% |
| Venezuela | 10.9 | 9.4 | 14.7 | 14.3 | 9.5% |
| Philippines | 6.8 | 8.3 | 10.1 | 14.2 | 27.8% |
| Thailand | 4.5 | 4.6 | 8.1 | 8.1 | 21.6% |
| Others | 72.1 | 81.3 | 93.0 | 77.2 | 2.3% |
| Total | 347 | 357 | 427 | 423 | 6.8% |
Top Suppliers of Frozen Freshwater Fish to the United States in 2022:
- China (42.5K tons)
- Taiwan (Chinese) (18.2K tons)
- Brazil (16.5K tons)
- Vietnam (7.6K tons)
- Mexico (7.5K tons)
- Philippines (4.5K tons)
- Canada (3.9K tons)
- Thailand (3.1K tons)
- Venezuela (2.4K tons)
Frozen Freshwater Fish Exports in the United States
In 2022, overseas shipments of frozen freshwater fish were finally on the rise to reach 110K tons after two years of decline. Over the period under review, exports, however, showed a mild decline.
In value terms, frozen freshwater fish exports surged to $393M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Freshwater Fish in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 128 | 157 | 176 | 187 | 13.5% |
| China | 159 | 120 | 93.9 | 114 | -10.5% |
| South Korea | 24.8 | 25.0 | 12.3 | 21.6 | -4.5% |
| Vietnam | 3.5 | 2.1 | 7.3 | 8.9 | 36.5% |
| Canada | 4.5 | 3.7 | 4.2 | 4.7 | 1.5% |
| Mexico | 2.4 | 1.9 | 2.4 | 4.4 | 22.4% |
| Others | 40.2 | 30.9 | 34.2 | 52.7 | 9.4% |
| Total | 363 | 341 | 330 | 393 | 2.7% |
Top Export Markets for Frozen Freshwater Fish from the United States in 2022:
- Japan (44.1K tons)
- China (38.4K tons)
- South Korea (7.4K tons)
- Vietnam (3.1K tons)
- Mexico (1.8K tons)
- Canada (1.7K tons)
This report provides an in-depth analysis of the frozen freshwater fish 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:
- Prodcom 10201360 - Frozen whole fresh water fish
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.
-
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
-
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
-
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
-
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
-
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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