Price for Fish; Edible Offal, Shark Fins in Peru - 2021

Contents:

1. Price for Fish; Edible Offal, Shark Fins in Peru (FOB) - 2022
2. Price for Fish; Edible Offal, Shark Fins in Peru (CIF) - 2021
3. Exports of Fish; Edible Offal, Shark Fins in Peru
4. Imports of Fish; Edible Offal, Shark Fins in Peru

Price for Fish; Edible Offal, Shark Fins in Peru (FOB) - 2022

The average export price for fish; edible offal, shark finses stood at $43,401 per ton in 2022, rising by 1.5% against the previous year. Overall, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2019 an increase of 61% against the previous year. Over the period under review, the average export prices hit record highs at $50,342 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($143,027 per ton), while the average price for exports to Hong Kong SAR ($40,997 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 Singapore (+19.0%), while the prices for the other major destinations experienced a decline.

Price for Fish; Edible Offal, Shark Fins in Peru (CIF) - 2021

In March 2020, the average import price for fish; edible offal, shark finses amounted to $33,556 per ton, which is down by -20.4% against the previous month. Over the period under review, import price indicated a prominent expansion from January 2020 to March 2020: its price increased at an average monthly rate of +7.7% over the last two months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2020 figures, fish; edible offal, shark fins import price increased by +16.0% against January 2020 indices. The pace of growth appeared the most rapid in February 2020 when the average import price increased by 46% month-to-month. As a result, import price reached the peak level of $42,163 per ton, and then shrank notably in the following month.

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

From January 2020 to March 2020, the rate of growth in terms of prices for Ecuador amounted to +7.7% per month.

Exports of Fish; Edible Offal, Shark Fins in Peru

In 2022, after three years of growth, there was significant decline in shipments abroad of fish; edible offal, shark finses, when their volume decreased by -22.1% to 323 tons. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, the exports reached the peak of 415 tons, and then fell rapidly in the following year.

In value terms, fish; edible offal, shark fins exports reduced dramatically to $14M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports attained the peak of $18M, and then fell markedly in the following year.

Top Export Markets for Fish; Edible Offal, Shark Fins from Peru in 2022:

1. Hong Kong SAR (313.9 tons)
2. Japan (7.0 tons)

Imports of Fish; Edible Offal, Shark Fins in Peru

In 2022, imports of fish; edible offal, shark finses into Peru declined markedly to 193 tons, which is down by -34% on the year before. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 213% against the previous year. As a result, imports attained the peak of 293 tons, and then plummeted in the following year.

In value terms, fish; edible offal, shark fins imports dropped notably to $6.1M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 173% against the previous year. As a result, imports reached the peak of $8.9M, and then fell remarkably in the following year.

Top Suppliers of Fish; Edible Offal, Shark Fins to Peru in 2022:

1. Ecuador (192.6 tons)

Source: IndexBox Market Intelligence Platform