Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay
  4. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (CIF) - 2022

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,752 per ton in 2022, picking up by 8.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 9.4% against the previous year. The import price peaked at $4,253 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($3,856 per ton), while the price for China totaled $2,931 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.0%).

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $5,262 per ton, dropping by -4.4% against the previous year. Overall, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. The export price peaked at $6,202 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,624 per ton), while the average price for exports to Slovenia ($3,350 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 Italy (+5.4%), 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 Uruguay

In 2022, approx. 237 tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into Uruguay; falling by -19.5% compared with the year before. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of 294 tons, and then shrank markedly in the following year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s dropped to $888K in 2022. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1,182825965810-11.8%
China35.140.750.378.030.5%
Others1.21.31.3N/A4.1%
Total1,2198671,017888-10.0%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Uruguay in 2022:

  1. Argentina (210.0 tons)
  2. China (26.6 tons)

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay

In 2022, shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 13% to 211 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep slump.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $1.1M in 2022. Overall, exports, however, showed a abrupt downturn.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan748826515520-11.4%
Israel4652874384780.9%
Slovenia39.522.946.050.18.2%
Spain60.429.428.530.9-20.0%
Others60.423.0N/A28.4-22.2%
Total1,3731,1881,0281,108-6.9%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Uruguay in 2022:

  1. Israel (110.6 tons)
  2. Japan (68.3 tons)
  3. Slovenia (15.0 tons)
  4. Spain (7.7 tons)

Source: IndexBox Market Intelligence Platform

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