Peru - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Frozen, Dried and Smoked Fish in Peru - 2021
Contents:
- Price for Frozen, Dried and Smoked Fish in Peru (FOB) - 2022
- Price for Frozen, Dried and Smoked Fish in Peru (CIF) - 2022
- Exports of Frozen, Dried and Smoked Fish in Peru
- Imports of Frozen, Dried and Smoked Fish in Peru
Price for Frozen, Dried and Smoked Fish in Peru (FOB) - 2022
In 2022, the average export price for frozen, dried and smoked fish amounted to $4,709 per ton, increasing by 16% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen, dried and smoked fish export price increased by +28.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36%. The export price peaked at $5,421 per ton in 2015; however, from 2016 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 the United States ($10,330 per ton), while the average price for exports to Cote d'Ivoire ($984 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 Ecuador (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen, Dried and Smoked Fish in Peru (CIF) - 2022
In 2022, the average import price for frozen, dried and smoked fish amounted to $2,934 per ton, rising by 3.4% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen, dried and smoked fish import price increased by +99.7% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($8,404 per ton), while the price for Chile ($1,498 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen, Dried and Smoked Fish in Peru
In 2022, approx. 147K tons of frozen, dried and smoked fish were exported from Peru; falling by -6.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of 157K tons, and then contracted in the following year.
In value terms, frozen, dried and smoked fish exports rose notably to $691M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Frozen, Dried and Smoked Fish in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 124 | 148 | 171 | 196 | 16.5% |
| China | 54.2 | 39.1 | 125 | 144 | 38.5% |
| South Korea | 25.0 | 39.6 | 31.3 | 66.1 | 38.3% |
| Japan | 34.5 | 33.1 | 47.8 | 65.8 | 24.0% |
| Spain | 43.2 | 33.1 | 42.7 | 34.2 | -7.5% |
| Cote d'Ivoire | 4.1 | 4.0 | 7.8 | 21.5 | 73.7% |
| Ecuador | 4.1 | 10.4 | 13.7 | 20.0 | 69.6% |
| Cameroon | 7.5 | 0.2 | 6.0 | 13.8 | 22.5% |
| Germany | 3.5 | 3.5 | 5.2 | 8.5 | 34.4% |
| Ghana | 4.7 | 15.6 | 24.0 | 6.3 | 10.3% |
| Brazil | 6.1 | 1.8 | 4.1 | 4.9 | -7.0% |
| Nigeria | 27.3 | 19.1 | 11.7 | 4.6 | -44.8% |
| Russia | 25.1 | 8.0 | 9.0 | 2.2 | -55.6% |
| Others | 117 | 111 | 138 | 104 | -3.9% |
| Total | 480 | 466 | 637 | 691 | 12.9% |
Top Export Markets for Frozen, Dried and Smoked Fish from Peru in 2022:
- China (24.6K tons)
- Cote d'Ivoire (21.8K tons)
- United States (19.0K tons)
- Cameroon (13.7K tons)
- South Korea (9.8K tons)
- Japan (7.9K tons)
- Spain (7.4K tons)
- Ghana (6.1K tons)
- Nigeria (4.5K tons)
- Brazil (3.4K tons)
- Ecuador (3.4K tons)
- Germany (3.0K tons)
- Russia (1.7K tons)
Imports of Frozen, Dried and Smoked Fish in Peru
In 2022, supplies from abroad of frozen, dried and smoked fish was finally on the rise to reach 58K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible shrinkage.
In value terms, frozen, dried and smoked fish imports surged to $170M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen, Dried and Smoked Fish in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 40.9 | 68.1 | 69.6 | 65.3 | 16.9% |
| Chile | 23.5 | 26.3 | 14.5 | 17.8 | -8.8% |
| China | 12.6 | 11.7 | 17.4 | 16.3 | 9.0% |
| Ecuador | 12.2 | 12.4 | 12.9 | 10.8 | -4.0% |
| Vietnam | 5.7 | 3.5 | 3.5 | 9.2 | 17.3% |
| United States | 1.3 | 1.2 | 1.5 | 8.8 | 89.2% |
| Spain | 6.3 | 3.4 | 1.5 | 3.5 | -17.8% |
| Others | 28.6 | 20.4 | 26.0 | 38.1 | 10.0% |
| Total | 131 | 147 | 147 | 170 | 9.1% |
Top Suppliers of Frozen, Dried and Smoked Fish to Peru in 2022:
- Chile (11.9K tons)
- Argentina (7.8K tons)
- China (4.7K tons)
- Ecuador (4.7K tons)
- United States (4.5K tons)
- Vietnam (2.9K tons)
- Spain (1.9K tons)
This report provides an in-depth analysis of the market for frozen, dried and smoked fish in Peru. 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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