Brazil - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cod, Salted or in Brine in Brazil - 2023

Contents:

  1. Price for Cod, Salted or in Brine in Brazil (CIF) - 2023
  2. Price for Cod, Salted or in Brine in Brazil (FOB) - 2022
  3. Imports of Cod, Salted or in Brine in Brazil
  4. Exports of Cod, Salted or in Brine in Brazil

Price for Cod, Salted or in Brine in Brazil (CIF) - 2023

The average import price for cod, salted or in brine stood at $12,468 per ton in June 2023, dropping by -4.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 8.2% month-to-month. Over the period under review, average import prices hit record highs at $13,082 per ton in May 2023, and then declined slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($12,573 per ton), while the price for Portugal amounted to $12,153 per ton.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Norway (+1.2%), while the prices for the other major suppliers experienced a decline.

Price for Cod, Salted or in Brine in Brazil (FOB) - 2022

In 2022, the average export price for cod, salted or in brine amounted to $13,837 per ton, with an increase of 36% against the previous year. Overall, the export price, however, recorded a deep downturn. The export price peaked at $17,260 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($16,741 per ton) and India ($16,629 per ton), while the average price for exports to Liberia ($11,727 per ton) and Denmark ($12,421 per ton) were amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+97.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cod, Salted or in Brine in Brazil

In 2022, purchases abroad of cod, salted or in brine was finally on the rise to reach 2.8K tons after two years of decline. Overall, imports, however, faced a sharp setback.

In value terms, cod, salted or in brine imports skyrocketed to $31M in 2022. Over the period under review, imports, however, recorded a sharp setback.

Import of Cod, Salted or in Brine in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway48.114.915.317.4-28.7%
Portugal15.610.36.712.5-7.1%
China6.72.31.51.6-38.0%
OthersN/A0.1N/AN/A0%
Total70.527.623.531.5-23.6%

Top Suppliers of Cod, Salted or in Brine to Brazil in 2022:

  1. Norway (1554.0 tons)
  2. Portugal (1119.5 tons)
  3. China (115.3 tons)

Exports of Cod, Salted or in Brine in Brazil

In 2022, overseas shipments of cod, salted or in brine decreased by -36% to 637 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp downturn. The pace of growth was the most pronounced in 2020 when exports increased by 397%. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cod, salted or in brine exports dropped to $8.8K in 2022. Overall, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 251% against the previous year. As a result, the exports reached the peak of $231K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cod, Salted or in Brine in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A0.21.2500.0%
Liberia1.91.61.21.0-19.3%
Panama1.10.40.91.0-3.1%
Antigua and Barbuda0.20.20.20.965.1%
PortugalN/A0.1N/A0.8182.8%
Denmark0.20.41.80.751.8%
Marshall Islands1.31.90.80.6-22.7%
Italy0.40.20.30.57.7%
Singapore0.91.41.90.5-17.8%
Malta0.90.50.30.5-17.8%
Greece0.10.40.30.458.7%
NorwayN/A222N/A0.2-97.0%
China56.4N/AN/AN/A0%
Others2.31.82.10.6-36.1%
Total65.723110.18.8-48.8%

Top Export Markets for Cod, Salted or in Brine from Brazil in 2022:

  1. Liberia (88.0 kg)
  2. Panama (70.0 kg)
  3. India (70.0 kg)
  4. Portugal (62.0 kg)
  5. Antigua and Barbuda (62.0 kg)
  6. Denmark (57.0 kg)
  7. Singapore (42.0 kg)
  8. Marshall Islands (41.0 kg)
  9. Malta (36.0 kg)
  10. Italy (27.0 kg)
  11. Greece (27.0 kg)
  12. Norway (10.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

    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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