Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil - 2024
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $3,862 per ton, increasing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($4,450 per ton) and Argentina ($3,886 per ton), while the price for Peru ($3,222 per ton) and Ecuador ($3,443 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,762 per ton in 2022, increasing by 29% against the previous year. In general, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices reached the maximum at $6,514 per ton in 2012; however, from 2013 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 Marshall Islands ($7,487 per ton), while the average price for exports to Argentina ($3,337 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 Panama (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s imported into Brazil declined dramatically to 23K tons, dropping by -15.1% compared with 2021. Overall, imports saw a abrupt slump. The smallest decline of -1.5% was in 2021.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s rose notably to $88M in 2022. Over the period under review, imports saw a abrupt descent.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 83.5 | 67.8 | 70.6 | 78.9 | -1.9% |
| Peru | 4.0 | 0.6 | 1.4 | 3.4 | -5.3% |
| China | 10.2 | 6.4 | 6.7 | 2.7 | -35.8% |
| Ecuador | 6.0 | 2.5 | 1.7 | 2.7 | -23.4% |
| Others | 1.2 | 0.2 | 0.8 | 0.4 | -30.7% |
| Total | 105 | 77.4 | 81.1 | 88.1 | -5.7% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Brazil in 2022:
- Argentina (20.3K tons)
- Peru (1.1K tons)
- Ecuador (0.8K tons)
- China (0.6K tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil
For the third consecutive year, Brazil recorded decline in overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, which decreased by -41.8% to 73 tons in 2022. Over the period under review, exports recorded a dramatic curtailment. The smallest decline of -14.2% was in 2020.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s fell markedly to $275K in 2022. In general, exports faced a dramatic downturn.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 596 | 538 | 324 | 130 | -39.8% |
| Ecuador | 48.2 | N/A | N/A | 92.0 | 24.0% |
| Marshall Islands | 5.4 | 7.7 | 7.5 | 11.5 | 28.7% |
| Panama | 3.4 | 5.0 | 6.2 | 9.0 | 38.3% |
| Liberia | 5.7 | 5.1 | 7.9 | 7.8 | 11.0% |
| Portugal | 104 | 1.4 | 1.1 | 0.8 | -80.3% |
| Others | 56.8 | 22.0 | 20.5 | 23.9 | -25.1% |
| Total | 819 | 579 | 367 | 275 | -30.5% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Brazil in 2022:
- Argentina (39.1 tons)
- Ecuador (26.0 tons)
- Marshall Islands (1.5 tons)
- Panama (1.4 tons)
- Liberia (1.1 tons)
- Portugal (0.1 tons)
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