Mexico - Dried Or Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Mexico - Dried Or Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights

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Price for Dried or Smoked Fish in Mexico - 2022

Contents:

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

Price for Dried or Smoked Fish in Mexico (CIF) - 2022

The average dried or smoked fish import price stood at $10,364 per ton in August 2022, approximately equating the previous month. In general, the import price faced a sharp setback. The import price peaked at $484K per ton in January 2022; however, from February 2022 to August 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From November 2021 to August 2022, the rate of growth in terms of prices for Chile amounted to +1.0% per month.

Price for Dried or Smoked Fish in Mexico (FOB) - 2022

The average dried or smoked fish export price stood at $263K per ton in November 2022, remaining relatively unchanged against the previous month. In general, the export price posted a significant expansion. Over the period under review, the average export prices reached the maximum in November 2022.

As there is only one major export destination, the average price level is determined by prices for China.

From September 2022 to November 2022, the rate of growth in terms of prices for China amounted to -3.0% per month.

Imports of Dried or Smoked Fish in Mexico

In 2022, purchases abroad of dried or smoked fish was finally on the rise to reach 2.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried or smoked fish imports totaled $13M in 2022. Over the period under review, imports, however, saw a deep slump.

Import of Dried or Smoked Fish in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway13.811.211.710.8-7.8%
Chile2.92.10.61.7-16.3%
United States1.00.3N/A0.4-26.3%
Others0.50.5N/AN/A0.0%
Total18.314.112.413.0-10.8%

Top Suppliers of Dried or Smoked Fish to Mexico in 2022:

  1. Norway (2173.7 tons)
  2. United States (183.8 tons)
  3. Chile (88.9 tons)

Exports of Dried or Smoked Fish in Mexico

In 2022, the amount of dried or smoked fish exported from Mexico reduced to 229 tons, waning by -2.5% compared with 2021 figures. In general, exports recorded a noticeable slump. The smallest decline of -1.1% was in 2021.

In value terms, dried or smoked fish exports amounted to $6.4M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 3.1% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Dried or Smoked Fish in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR5.15.15.14.6-3.4%
United States0.61.01.11.329.4%
China0.30.10.10.626.0%
Others0.2N/AN/AN/A0%
Total6.26.26.46.41.1%

Top Export Markets for Dried or Smoked Fish from Mexico in 2022:

  1. Hong Kong SAR (170.4 tons)
  2. United States (48.5 tons)
  3. China (9.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for dried or smoked fish in Mexico. 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 10202100 - Fish fillets, dried, salted or in brine, but not smoked
  • Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
  • Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
  • Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
  • Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
  • Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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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