U.S. - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

U.S. - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Mackerel Price in the United States - 2023

Contents:

  1. Preserved Mackerel Price in the United States (CIF) - 2023
  2. Preserved Mackerel Price in the United States (FOB) - 2022
  3. Preserved Mackerel Imports in the United States
  4. Preserved Mackerel Exports in the United States

Preserved Mackerel Price in the United States (CIF) - 2023

The average preserved mackerel import price stood at $3,781 per ton in August 2023, increasing by 10% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 23% against the previous month. Over the period under review, average import prices hit record highs at $4,253 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($10,899 per ton), while the price for China ($1,463 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 Chile (-0.2%), while the prices for the other major suppliers experienced a decline.

Preserved Mackerel Price in the United States (FOB) - 2022

In 2022, the average preserved mackerel export price amounted to $3,688 per ton, picking up by 3% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 104%. Over the period under review, the average export prices reached the peak figure at $5,094 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($6,338 per ton), while the average price for exports to Bahamas ($2,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Mackerel Imports in the United States

Preserved mackerel imports into the United States expanded significantly to 15K tons in 2022, with an increase of 13% on 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved mackerel imports soared to $56M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Preserved Mackerel in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand16.116.618.520.17.7%
China10.07.25.98.4-5.6%
Vietnam7.57.86.45.8-8.2%
Poland1.42.62.64.547.6%
Japan2.82.33.53.35.6%
Chile1.42.83.13.333.1%
Morocco1.23.61.63.035.7%
Ecuador0.51.31.32.571.0%
South Korea0.81.10.70.94.0%
Others2.64.43.53.914.5%
Total44.449.647.155.77.9%

Top Suppliers of Preserved Mackerel to the United States in 2022:

  1. Thailand (5.1K tons)
  2. China (4.4K tons)
  3. Vietnam (1.6K tons)
  4. Chile (1.3K tons)
  5. Ecuador (1.2K tons)
  6. Poland (0.4K tons)
  7. Japan (0.4K tons)
  8. Morocco (0.4K tons)
  9. South Korea (0.2K tons)

Preserved Mackerel Exports in the United States

In 2022, overseas shipments of mackerel (prepared or preserved) decreased by -1.5% to 54 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 118% against the previous year. As a result, the exports reached the peak of 114 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved mackerel exports reached $198K in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. As a result, the exports reached the peak of $468K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Preserved Mackerel in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada25.765.068.669.439.3%
DominicaN/AN/A9.926.8170.7%
PalauN/A28.223.926.5-3.1%
Saint LuciaN/A18.45.924.415.2%
Mexico60.445.541.323.3-27.2%
BahamasN/A22.94.112.7-25.5%
GhanaN/AN/AN/A7.10%
Dominican RepublicN/A98.6N/AN/A0%
ColombiaN/A80.1N/AN/A0%
Saint Maarten (Dutch part)N/A22.93.0N/A-86.9%
Cabo Verde61.6N/AN/AN/A0%
Hong Kong SAR14.9N/AN/AN/A0%
Philippines47.738.924.3N/A-28.6%
Others56.547.414.17.8-48.3%
Total267468195198-9.5%

Top Export Markets for Preserved Mackerel from the United States in 2022:

  1. Canada (20.8 tons)
  2. Dominica (8.4 tons)
  3. Saint Lucia (7.1 tons)
  4. Palau (6.0 tons)
  5. Bahamas (5.1 tons)
  6. Mexico (4.1 tons)
  7. Ghana (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)

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:

  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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