Brazil - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 21, 2024

Brazil - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Whole Fish Price in Brazil - 2023

Contents:

  1. Frozen Whole Fish Price in Brazil (CIF) - 2022
  2. Frozen Whole Fish Price in Brazil (FOB) - 2023
  3. Frozen Whole Fish Imports in Brazil
  4. Frozen Whole Fish Exports in Brazil

Frozen Whole Fish Price in Brazil (CIF) - 2022

In 2022, the average frozen whole fish import price amounted to $2,006 per ton, surging by 21% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $2,602 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($7,181 per ton), while the price for Oman ($893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Whole Fish Price in Brazil (FOB) - 2023

In July 2023, the average frozen whole fish export price amounted to $3,385 per ton, dropping by -15.6% against the previous month. Over the period under review, the export price showed a perceptible descent. The most prominent rate of growth was recorded in June 2023 an increase of 62% m-o-m. The export price peaked at $4,773 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,918 per ton), while the average price for exports to Taiwan (Chinese) ($756 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 Cabo Verde (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Fish Imports in Brazil

In 2022, approx. 104K tons of frozen whole fish were imported into Brazil; shrinking by -7.1% on the year before. In general, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 8.9% against the previous year.

In value terms, frozen whole fish imports rose significantly to $209M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%.

Import of Frozen Whole Fish in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco67.845.046.568.40.3%
Portugal54.439.849.653.2-0.7%
Chile31.721.826.934.52.9%
Oman4.517.816.616.955.4%
Taiwan (Chinese)15.58.811.714.2-2.9%
Uruguay10.08.111.08.1-6.8%
Argentina6.45.45.41.6-37.0%
Others24.112.319.012.5-19.7%
Total214159187209-0.8%

Top Suppliers of Frozen Whole Fish to Brazil in 2022:

  1. Morocco (57.9K tons)
  2. Oman (18.9K tons)
  3. Portugal (7.4K tons)
  4. Taiwan (Chinese) (6.2K tons)
  5. Chile (5.0K tons)
  6. Uruguay (3.9K tons)
  7. Argentina (0.9K tons)

Frozen Whole Fish Exports in Brazil

In 2022, frozen whole fish exports from Brazil soared to 38K tons, with an increase of 21% against the year before. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen whole fish exports soared to $148M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Frozen Whole Fish in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States48.252.078.990.123.2%
China18.712.613.415.0-7.1%
Taiwan (Chinese)7.92.24.87.2-3.0%
South Korea7.25.95.25.8-7.0%
Canada1.32.05.54.955.6%
Gabon1.31.31.63.843.0%
Cote d'Ivoire0.20.30.12.4128.9%
Democratic Republic of the Congo0.30.20.61.154.2%
Congo0.81.61.21.111.2%
Togo0.10.20.11.0115.4%
Ecuador5.54.23.10.9-45.3%
Others19.816.613.415.1-8.6%
Total11199.112814810.1%

Top Export Markets for Frozen Whole Fish from Brazil in 2022:

  1. United States (16.6K tons)
  2. China (5.3K tons)
  3. Gabon (2.4K tons)
  4. Cote d'Ivoire (2.1K tons)
  5. South Korea (1.7K tons)
  6. Taiwan (Chinese) (1.2K tons)
  7. Canada (1.0K tons)
  8. Togo (0.8K tons)
  9. Democratic Republic of the Congo (0.8K tons)
  10. Congo (0.8K tons)
  11. Ecuador (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen whole fish 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 10201330 - Frozen whole salt water fish
  • Prodcom 10201360 - Frozen whole fresh water fish
  • Prodcom 10201600 - Frozen fish livers and roes

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:

  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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