Chile - Frozen Fish And Seafood - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Frozen Fish and Seafood in Chile - 2023
Contents:
- Price for Frozen Fish and Seafood in Chile (FOB) - 2022
- Price for Frozen Fish and Seafood in Chile (CIF) - 2022
- Exports of Frozen Fish and Seafood in Chile
- Imports of Frozen Fish and Seafood in Chile
Price for Frozen Fish and Seafood in Chile (FOB) - 2022
The average frozen fish and seafood export price stood at $5,472 per ton in 2022, growing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2014 when the average export price increased by 15%. Over the period under review, the average export prices attained the peak figure at $5,709 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,448 per ton), while the average price for exports to Ghana ($895 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 Burkina Faso (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Fish and Seafood in Chile (CIF) - 2022
The average frozen fish and seafood import price stood at $5,400 per ton in 2022, approximately reflecting the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27%. As a result, import price reached the peak level of $6,942 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,652 per ton), while the price for Spain ($1,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Fish and Seafood in Chile
In 2022, exports of frozen fish and seafood from Chile soared to 786K tons, picking up by 21% compared with 2021 figures. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen fish and seafood exports skyrocketed to $4.3B in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Fish and Seafood in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,096 | 1,059 | 1,032 | 1,203 | 3.2% |
| United States | 519 | 508 | 671 | 926 | 21.3% |
| Russia | 372 | 300 | 292 | 290 | -8.0% |
| China | 201 | 130 | 121 | 203 | 0.3% |
| Nigeria | 84.6 | 51.8 | 112 | 127 | 14.5% |
| Spain | 92.3 | 94.4 | 87.6 | 126 | 10.9% |
| Thailand | 82.5 | 68.1 | 65.3 | 116 | 12.0% |
| South Korea | 71.5 | 69.9 | 29.1 | 94.7 | 9.8% |
| Taiwan (Chinese) | 59.9 | 71.3 | 41.4 | 85.6 | 12.6% |
| Cote d'Ivoire | 14.9 | 24.8 | 60.3 | 62.6 | 61.4% |
| Burkina Faso | N/A | 8.3 | 14.9 | 29.1 | 87.2% |
| Ghana | 16.0 | 28.4 | 15.7 | 26.6 | 18.5% |
| Cameroon | 1.4 | 5.6 | 4.8 | 20.0 | 142.6% |
| Others | 745 | 651 | 678 | 994 | 10.1% |
| Total | 3,355 | 3,070 | 3,225 | 4,303 | 8.6% |
Top Export Markets for Frozen Fish and Seafood from Chile in 2022:
- Japan (157.0K tons)
- Nigeria (131.3K tons)
- United States (68.9K tons)
- Cote d'Ivoire (62.6K tons)
- Russia (33.9K tons)
- Burkina Faso (31.4K tons)
- Spain (30.2K tons)
- Ghana (29.7K tons)
- South Korea (24.3K tons)
- China (21.9K tons)
- Cameroon (20.1K tons)
- Thailand (17.4K tons)
- Taiwan (Chinese) (16.2K tons)
Imports of Frozen Fish and Seafood in Chile
In 2022, approx. 19K tons of frozen fish and seafood were imported into Chile; waning by -12.7% compared with 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, imports reached the peak of 22K tons, and then dropped in the following year.
In value terms, frozen fish and seafood imports contracted to $103M in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $116M, and then reduced in the following year.
| Import of Frozen Fish and Seafood in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.0 | 26.5 | 57.4 | 45.1 | 18.7% |
| Ecuador | 17.0 | 17.4 | 36.0 | 25.3 | 14.2% |
| Vietnam | 14.5 | 7.3 | 10.4 | 17.1 | 5.7% |
| United States | 1.9 | 2.1 | 4.5 | 6.7 | 52.2% |
| Peru | 2.1 | 1.4 | 3.7 | 3.6 | 19.7% |
| Spain | 0.1 | N/A | 0.2 | 1.0 | 115.4% |
| Others | 3.8 | 1.9 | 4.2 | 3.9 | 0.9% |
| Total | 66.3 | 56.7 | 116 | 103 | 15.8% |
Top Suppliers of Frozen Fish and Seafood to Chile in 2022:
- China (8.6K tons)
- Vietnam (4.3K tons)
- Ecuador (3.8K tons)
- United States (0.7K tons)
- Spain (0.6K tons)
- Peru (0.4K tons)
This report provides an in-depth analysis of the market for frozen fish and seafood in Chile. 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 10201600 - Frozen fish livers and roes
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
424
This report provides an in-depth analysis of the market for frozen fish and seafood in Chile.
154
This report provides an in-depth analysis of the frozen tilapias market in Chile.
248
This report provides an in-depth analysis of the market for frozen southern bluefin tuna in Chile.
169
This report provides an in-depth analysis of the bigeye tuna market in Chile.
213
This report provides an in-depth analysis of the frozen skipjack tuna market in Chile.
314
This report provides an in-depth analysis of the frozen yellowfin tuna market in Chile.
152
This report provides an in-depth analysis of the frozen atlantic halibut market in Chile.
256
This report provides an in-depth analysis of the frozen eels market in Chile.
158
This report provides an in-depth analysis of the frozen catfish market in Chile.
145
This report provides an in-depth analysis of the frozen salmonoids market in Chile.
451
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
152
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
180
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
330
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
360
Explore the top import markets for frozen fish based on the import value in 2022. Japan, United States, and China lead the pack in this lucrative industry. Learn more on IndexBox.
602
Chile became the leading supplier of frozen atlantic salmon worldwide, expanding exports from 14K tons in 2010 to 125K tons in 2020 and leaving behind the former leading supplier, Norway.
1893
China ($7.6B) remains the largest frozen fish supplier worldwide, comprising 17% of global exports.
451
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
152
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
