Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States - 2023
Contents:
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (CIF) - 2023
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (FOB) - 2022
- Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States
- Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (CIF) - 2023
The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $36,172 per ton in December 2023, declining by -6.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 10% m-o-m. As a result, import price attained the peak level of $38,727 per ton, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($36,927 per ton), while the price for Chile totaled $35,725 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (FOB) - 2022
The average export price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $9,107 per ton in 2022, waning by -14.8% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 75%. Over the period under review, the average export prices attained the peak figure at $14,910 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($9,217 per ton), while the average price for exports to Trinidad and Tobago totaled $5,255 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.9%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States
In 2022, overseas purchases of fish fillets; frozen, toothfish (dissostichus spp.)s were finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s soared to $42M in 2022. Over the period under review, imports enjoyed measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 34.0 | 10.9 | 12.2 | 33.4 | -0.6% |
Spain | 0.1 | 4.3 | 2.3 | 6.4 | 300.0% |
Argentina | 2.0 | 0.5 | 0.2 | 2.1 | 1.6% |
Others | 1.2 | 0.3 | 0.2 | 0.2 | -45.0% |
Total | 37.3 | 16.0 | 14.9 | 42.1 | 4.1% |
Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to the United States in 2022:
- Chile (904.0 tons)
- Spain (179.0 tons)
- Argentina (64.9 tons)
Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States
In 2022, the amount of fish fillets; frozen, toothfish (dissostichus spp.)s exported from the United States expanded markedly to 84 tons, surging by 14% against the previous year's figure. Over the period under review, exports, however, recorded a noticeable contraction.
In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s contracted slightly to $761K in 2022. In general, exports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year.
Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 799 | 359 | 772 | 739 | -2.6% |
Trinidad and Tobago | N/A | N/A | 7.5 | 17.7 | 136.0% |
Hong Kong SAR | N/A | 25.1 | N/A | N/A | 0% |
Vietnam | 56.0 | 27.6 | N/A | N/A | -50.7% |
Others | N/A | N/A | 2.7 | 5.0 | 85.2% |
Total | 855 | 412 | 782 | 761 | -3.8% |
Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from the United States in 2022:
- Canada (80.1 tons)
- Trinidad and Tobago (3.4 tons)
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