Brazil - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Dried or Salted Fish in Brazil - 2023

Contents:

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

Price for Dried or Salted Fish in Brazil (CIF) - 2023

In October 2023, the average dried or salted fish import price amounted to $10,928 per ton, shrinking by -5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 18% month-to-month. As a result, import price attained the peak level of $12,964 per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Norway ($11,689 per ton), while the price for China ($6,820 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Norway (+1.3%), while the prices for the other major suppliers experienced a decline.

Price for Dried or Salted Fish in Brazil (FOB) - 2022

In 2022, the average dried or salted fish export price amounted to $7,692 per ton, falling by -9.5% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 40%. The export price peaked at $42,675 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Antigua and Barbuda ($14,906 per ton), while the average price for exports to Cyprus ($4,698 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 Greece (+64.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried or Salted Fish in Brazil

In 2022, the amount of dried or salted fish imported into Brazil reduced sharply to 6.8K tons, with a decrease of -19.4% against 2021 figures. In general, imports faced a precipitous descent.

In value terms, dried or salted fish imports reached $64M in 2022. Over the period under review, imports recorded a dramatic decline.

Import of Dried or Salted Fish in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway97.941.743.044.9-22.9%
Portugal19.913.011.013.5-12.1%
China30.017.06.85.4-43.5%
Others0.70.20.50.5-10.6%
Total14972.061.264.3-24.4%

Top Suppliers of Dried or Salted Fish to Brazil in 2022:

  1. Norway (4.6K tons)
  2. Portugal (1.3K tons)
  3. China (0.9K tons)

Exports of Dried or Salted Fish in Brazil

In 2022, overseas shipments of dried or salted fish decreased by -87.9% to 2.9 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 587%. As a result, the exports reached the peak of 51 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried or salted fish exports shrank markedly to $22K in 2022. In general, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 307% against the previous year. As a result, the exports attained the peak of $333K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Dried or Salted Fish in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Liberia3.63.43.22.9-7.0%
Marshall Islands3.04.62.82.7-3.5%
Panama2.61.92.02.60.0%
Greece1.31.92.81.913.5%
Singapore2.42.33.51.8-9.1%
Hong Kong SAR1.40.51.91.64.6%
India0.2N/A0.31.386.6%
Portugal0.20.21.11.071.0%
Malta1.41.31.51.0-10.6%
Antigua and Barbuda0.3N/A0.31.049.4%
Cayman Islands0.20.50.40.965.1%
Norway2.63121780.6-38.7%
Cyprus0.40.2N/A0.57.7%
Others62.34.35.72.7-64.9%
Total81.833320322.3-35.2%

Top Export Markets for Dried or Salted Fish from Brazil in 2022:

  1. Panama (436.0 kg)
  2. Marshall Islands (411.0 kg)
  3. Liberia (356.0 kg)
  4. Singapore (273.0 kg)
  5. Hong Kong SAR (264.0 kg)
  6. Greece (193.0 kg)
  7. Malta (115.0 kg)
  8. India (100.0 kg)
  9. Cayman Islands (98.0 kg)
  10. Cyprus (96.0 kg)
  11. Portugal (86.0 kg)
  12. Norway (80.0 kg)
  13. Antigua and Barbuda (64.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)

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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