Report Update: May 1, 2024

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

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Price for Dried or Salted Fish in Colombia - 2022

Price for Dried or Salted Fish in Colombia (CIF) - 2022

In 2022, the average dried or salted fish import price amounted to $2,697 per ton, surging by 4.6% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $5,814 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Norway ($6,215 per ton), while the price for Thailand ($1,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-0.3%), while the prices for the other major suppliers experienced a decline.

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

The average dried or salted fish export price stood at $3,665 per ton in 2022, reducing by -56.4% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 62%. Over the period under review, the average export prices reached the peak figure at $9,151 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,667 per ton), while the average price for exports to Aruba totaled $3,222 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+15.9%), while the prices for the other major destinations experienced a decline.

Imports of Dried or Salted Fish in Colombia

In 2022, overseas purchases of dried or salted fish were finally on the rise to reach 86 tons after two years of decline. In general, imports, however, continue to indicate a pronounced decrease.

In value terms, dried or salted fish imports totaled $231K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment.

Import of Dried or Salted Fish in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	112	97.7	92.6	86.7	-8.2%
United States	94.4	60.0	53.4	62.2	-13.0%
Norway	48.3	49.9	55.9	61.6	8.4%
Portugal	3.2	3.8	6.3	7.6	33.4%
Thailand	5.2	4.5	4.3	3.9	-9.1%
Senegal	15.1	N/A	N/A	N/A	0%
Others	24.2	12.3	8.6	9.2	-27.6%
Total	302	228	221	231	-8.5%

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

United States (49.2 tons)
Peru (20.0 tons)
Norway (9.9 tons)
Thailand (3.8 tons)
Portugal (1.8 tons)

Exports of Dried or Salted Fish in Colombia

After two years of decline, shipments abroad of dried or salted fish increased by 213% to 2.2 tons in 2022. Overall, exports, however, saw a significant contraction.

In value terms, dried or salted fish exports surged to $8.1K in 2022. In general, exports, however, showed a sharp shrinkage.

Export of Dried or Salted Fish in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	510	6.0	3.7	8.0	-75.0%
China	251	N/A	N/A	N/A	0%
United Kingdom	186	N/A	N/A	N/A	0%
Others	3.4	1.9	2.2	N/A	-19.6%
Total	950	7.9	5.9	8.1	-79.6%

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

Hong Kong SAR (2.2 tons)

Source: IndexBox Market Intelligence Platform

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

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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