Colombia - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights

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Inedible Fish Products Price in Colombia - 2022

Contents:

  1. Inedible Fish Products Price in Colombia (CIF) - 2022
  2. Inedible Fish Products Price in Colombia (FOB) - 2022
  3. Inedible Fish Products Imports in Colombia
  4. Inedible Fish Products Exports in Colombia

Inedible Fish Products Price in Colombia (CIF) - 2022

The average inedible fish products import price stood at $190K per ton in February 2022, dropping by -1.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2021 when the average import price increased by 147% against the previous month. Over the period under review, average import prices attained the peak figure at $366K per ton in August 2021; however, from September 2021 to February 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($227K per ton), while the price for Denmark stood at $41,173 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

Inedible Fish Products Price in Colombia (FOB) - 2022

The average inedible fish products export price stood at $1,282 per ton in February 2022, shrinking by -22.3% against the previous month. Over the period under review, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in April 2021 an increase of 54% m-o-m. As a result, the export price reached the peak level of $2,593 per ton. From May 2021 to February 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In February 2022, the country with the highest price was Slovakia ($1,474 per ton), while the average price for exports to Italy amounted to $1,100 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Inedible Fish Products Imports in Colombia

After three years of growth, supplies from abroad of inedible fish products decreased by -13% to 199 tons in 2022. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 5% against the previous year. As a result, imports attained the peak of 229 tons, and then fell in the following year.

In value terms, inedible fish products imports expanded remarkably to $2.2M in 2022. In general, imports continue to indicate a relatively flat trend pattern.

Import of Inedible Fish Products in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,0602,1841,7861,703-6.1%
Denmark75.966.549.218334.1%
Netherlands70.859.529.668.9-0.9%
Ecuador56.556.635.842.5-9.1%
Czech Republic9.819.314.97.1-10.2%
Others12.879.167.0219157.7%
Total2,2862,4651,9832,224-0.9%

Top Suppliers of Inedible Fish Products to Colombia in 2022:

  1. United States (64.5 tons)
  2. Denmark (23.6 tons)
  3. Netherlands (20.6 tons)
  4. Ecuador (12.7 tons)
  5. Czech Republic (4.7 tons)

Inedible Fish Products Exports in Colombia

In 2022, approx. 1.1K tons of inedible fish products were exported from Colombia; declining by -20.1% against the previous year's figure. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports reached the peak of 1.4K tons, and then fell markedly in the following year.

In value terms, inedible fish products exports reduced modestly to $1.9M in 2022. Overall, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.9%.

Export of Inedible Fish Products in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1,2181,166499606-20.8%
Slovakia469259613372-7.4%
FranceN/AN/A15125266.9%
Germany340176106122-28.9%
Italy19.420.495.010072.7%
Ecuador6.50.87.44.5-11.5%
Others35.4299486483139.0%
Total2,0891,9211,9571,939-2.5%

Top Export Markets for Inedible Fish Products from Colombia in 2022:

  1. Slovakia (322.8 tons)
  2. France (193.8 tons)
  3. Germany (82.0 tons)
  4. Italy (78.1 tons)
  5. Hong Kong SAR (35.4 tons)
  6. Ecuador (24.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the inedible fish products market in Colombia. 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

Country coverage:

  • Colombia

Data coverage:

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