Report Update: Dec 1, 2023

U.S. - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$499 Basic Edition $1995 Professional Edition

What's the difference?

Price for Fish Meals and Pellet in the United States - 2023

Name: Price for Fish Meals and Pellet in the United States - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Price for Fish Meals and Pellet the United States, IndexBox, market research, global market, publisher

Price for Fish Meals and Pellet in the United States (FOB) - 2023

The average fish meals and pellet export price stood at $6,136 per ton in August 2023, standing approximately at the previous month. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in January 2023 an increase of 87% against the previous month. The export price peaked at $18,571 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Japan ($7,178 per ton), while the average price for exports to Canada totaled $2,638 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+0.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Meals and Pellet in the United States (CIF) - 2023

In August 2023, the average fish meals and pellet import price amounted to $14,682 per ton, with an increase of 31% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 94% m-o-m. The import price peaked at $23,766 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($35,851 per ton), while the price for China ($8,300 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (+113.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Meals and Pellet in the United States

Fish meals and pellet exports from the United States contracted significantly to 1.2K tons in 2022, which is down by -41.7% on the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.4% against the previous year.

In value terms, fish meals and pellet exports surged to $12M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fish Meals and Pellet in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.9	6.2	4.5	7.4	23.8%
Estonia	1.9	1.4	1.0	1.7	-3.6%
France	0.6	0.5	0.1	1.0	18.6%
Germany	2.8	1.8	0.8	0.8	-34.1%
Brazil	N/A	N/A	N/A	0.4	0%
Canada	0.2	0.2	1.7	0.2	0.0%
Honduras	0.1	N/A	N/A	0.1	0.0%
Trinidad and Tobago	0.2	N/A	N/A	N/A	0%
Others	1.3	2.9	2.1	0.2	-46.4%
Total	10.9	13.1	10.2	11.8	2.7%

Top Export Markets for Fish Meals and Pellet from the United States in 2022:

Japan (630.8 tons)
Estonia (252.1 tons)
Brazil (93.2 tons)
France (82.6 tons)
Canada (56.1 tons)
Germany (45.7 tons)
Honduras (32.2 tons)

Imports of Fish Meals and Pellet in the United States

In 2022, the amount of flours, meals and pellets of fish imported into the United States shrank dramatically to 498 tons, with a decrease of -15.8% against 2021 figures. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 132%. As a result, imports reached the peak of 591 tons, and then fell rapidly in the following year.

In value terms, fish meals and pellet imports shrank to $7.5M in 2022. In general, imports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 144%. As a result, imports attained the peak of $7.6M, and then fell slightly in the following year.

Import of Fish Meals and Pellet in the United States (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	1,380	229	937	1,744	8.1%
South Korea	400	684	1,078	1,381	51.1%
Denmark	222	162	70.8	856	56.8%
Iceland	294	24.7	402	667	31.4%
Norway	571	201	1,329	595	1.4%
United Kingdom	785	N/A	N/A	565	-10.4%
France	341	181	325	443	9.1%
Canada	324	239	1,342	323	-0.1%
China	628	606	788	316	-20.5%
Taiwan (Chinese)	1,576	222	678	97.1	-60.5%
Japan	53.0	35.1	20.9	87.3	18.1%
Others	624	536	652	377	-15.5%
Total	7,200	3,120	7,623	7,453	1.2%

Top Suppliers of Fish Meals and Pellet to the United States in 2022:

Peru (102.1 tons)
South Korea (78.3 tons)
Iceland (70.3 tons)
Denmark (59.6 tons)
Norway (40.8 tons)
United Kingdom (38.1 tons)
France (26.9 tons)
Canada (24.2 tons)
China (22.0 tons)
Japan (7.7 tons)
Taiwan (Chinese) (6.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

Country coverage:

• United States

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the U.S.

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022