Price for Smoked Fish, Incl. Fillets in Brazil - 2023

Contents:

1. Price for Smoked Fish, Incl. Fillets in Brazil (CIF) - 2022
2. Price for Smoked Fish, Incl. Fillets in Brazil (FOB) - 2022
3. Imports of Smoked Fish, Incl. Fillets in Brazil
4. Exports of Smoked Fish, Incl. Fillets in Brazil

Price for Smoked Fish, Incl. Fillets in Brazil (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $14,263 per ton, declining by -12% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 175%. As a result, import price reached the peak level of $17,688 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 the UK ($18,920 per ton), while the price for Japan stood at $11,574 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Smoked Fish, Incl. Fillets in Brazil (FOB) - 2022

The average smoked fish, incl. fillets export price stood at $9,264 per ton in 2022, standing approx. at the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 108% against the previous year. As a result, the export price reached the peak level of $13,570 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($11,200 per ton), while the average price for exports to China ($2,800 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+21.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Smoked Fish, Incl. Fillets in Brazil

In 2022, the amount of smoked fish, incl. fillets imported into Brazil skyrocketed to 29 tons, picking up by 726% compared with the previous year's figure. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, smoked fish, incl. fillets imports soared to $412K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Smoked Fish, Incl. Fillets to Brazil in 2022:

1. Japan (18.3 tons)
2. United Kingdom (10.6 tons)

Exports of Smoked Fish, Incl. Fillets in Brazil

For the fourth consecutive year, Brazil recorded growth in shipments abroad of smoked fish, incl. fillets, which increased by 36% to 242 kg in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 81%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, smoked fish, incl. fillets exports surged to $2.2K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 277% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Smoked Fish, Incl. Fillets from Brazil in 2022:

1. Panama (65.0 kg)
2. Marshall Islands (55.0 kg)
3. United Kingdom (40.0 kg)
4. Bahamas (20.0 kg)
5. Liberia (19.0 kg)
6. Greece (13.0 kg)
7. Bermuda (10.0 kg)
8. China (10.0 kg)
9. Norway (10.0 kg)

Source: IndexBox Market Intelligence Platform