Live Fish Price in Ecuador - 2022
Contents:
- Live Fish Price in Ecuador (FOB) - 2022
- Live Fish Price in Ecuador (CIF) - 2022
- Live Fish Exports in Ecuador
- Live Fish Imports in Ecuador
Live Fish Price in Ecuador (FOB) - 2022
The average live fish export price stood at $10,460 per ton in January 2022, reducing by -5.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2021 an increase of 6.6% m-o-m. Over the period under review, the average export prices attained the maximum at $12,300 per ton in June 2021; however, from July 2021 to January 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2021 to January 2022, the rate of growth in terms of prices for the United States amounted to -0.6% per month.
Live Fish Price in Ecuador (CIF) - 2022
The average live fish import price stood at $18,918 per ton in 2022, with an increase of 38% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 50% against the previous year. The import price peaked at $43,035 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 France ($24,641 per ton), while the price for Peru ($2,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.0%), while the prices for the other major suppliers experienced a decline.
Live Fish Exports in Ecuador
In 2022, the amount of live fish exported from Ecuador shrank slightly to 174 tons, which is down by -4.6% on the year before. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 10%.
In value terms, live fish exports dropped to $1.6M in 2022. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year.
| Export of Live Fish in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 1.4 | 1.7 | 1.5 | -13.3% |
| Czech Republic | 0.1 | N/A | N/A | N/A | 0% |
| South Korea | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 1.4 | 1.7 | 1.6 | -14.9% |
Top Export Markets for Live Fish from Ecuador in 2022:
- United States (173.8 tons)
Live Fish Imports in Ecuador
In 2022, supplies from abroad of live fish decreased by -44.1% to 3.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 412% against the previous year.
In value terms, live fish imports dropped notably to $66K in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 587% against the previous year.
| Import of Live Fish in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.2 | 40.5 | 36.8 | 28.7 | 66.7% |
| Peru | 0.3 | 2.9 | 6.4 | 2.3 | 97.2% |
| United States | 0.3 | 2.5 | 5.2 | 1.7 | 78.3% |
| Others | N/A | N/A | 36.8 | 32.8 | -10.9% |
| Total | 6.7 | 45.9 | 85.1 | 65.5 | 113.8% |
Top Suppliers of Live Fish to Ecuador in 2022:
- France (1166.0 kg)
- Peru (894.0 kg)
- United States (649.0 kg)
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