Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico - 2022
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (FOB) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (CIF) - 2022
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,448 per ton in 2022, approximately equating the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -20.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum at $5,559 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,504 per ton), while the average price for exports to the United States totaled $2,446 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+2.8%), while the prices for the other major destinations experienced a decline.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (CIF) - 2022
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,613 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. The import price peaked at $6,383 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,431 per ton), while the price for the United States ($2,864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+8.3%), while the prices for the other major suppliers experienced a decline.
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Mexico shrank dramatically to 75 tons, which is down by -41.5% against 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 488% against the previous year. As a result, the exports reached the peak of 129 tons, and then dropped markedly in the following year.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s dropped markedly to $335K in 2022. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 463%. As a result, the exports attained the peak of $568K, and then reduced remarkably in the following year.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 416 | 94.3 | 551 | 329 | -7.5% |
| United States | 8.6 | 6.4 | 4.1 | 3.3 | -27.3% |
| Germany | N/A | 0.3 | 13.1 | N/A | 4266.7% |
| Others | 0.5 | N/A | N/A | 2.7 | 75.4% |
| Total | 425 | 101 | 568 | 335 | -7.6% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Mexico in 2022:
- Japan (73.0 tons)
- United States (1.4 tons)
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico
Imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Mexico shrank modestly to 10 tons in 2022, with a decrease of -2.3% compared with the year before. Over the period under review, imports showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 4.7%.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s rose rapidly to $56K in 2022. Overall, imports saw a sharp curtailment.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 111 | 22.8 | 15.3 | 48.6 | -24.1% |
| Spain | 15.6 | 21.2 | 29.2 | 2.7 | -44.3% |
| Portugal | N/A | N/A | N/A | 2.6 | 0% |
| United States | 26.7 | 18.1 | 4.6 | 1.7 | -60.1% |
| Others | N/A | N/A | 0.5 | 0.2 | -60.0% |
| Total | 154 | 62.1 | 49.7 | 55.9 | -28.7% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Mexico in 2022:
- Chile (8.2 tons)
- Portugal (0.7 tons)
- United States (0.6 tons)
- Spain (0.4 tons)
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