Seafood Meals and Pellets Market

Seafood meals and pellets market: find newly released facts and figures provided by an Ai-driven market research platform. Datasets contain consumption, market prices, production, companies, imports, trade, market size, and exports. Here is a split by country, including Latin America, the U.K., EU, the Middle East, Russia, China, Africa, and the U.S. Market insights and forecast to 2030 are also provided in the reports.


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Seafood Meals and Pellets - World's Largest Markets

RatingCountry
1China
2India
3United States
4United Kingdom
5Japan

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -4.5%. In the other countries, the average annual rates were as follows: India (+5.7% per year) and the United States (+0.1% per year).

Seafood Meals And Pellets Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Thailand124713581104-5.9%
Morocco124011071137-4.2%
Russia147613331252-7.9%
United States137311651270-3.8%
South Africa141112971298-4.1%
Mauritania1203121813716.8%
Peru152614361374-5.1%
Germany160715631473-4.3%
Chile164215431516-3.9%
Vietnam157515371540-1.1%
Iceland161216751609-0.1%
Denmark1636172416871.5%
Norway176018291749-0.3%
Average145013871356-3.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Norway ($1,749 per ton), while Thailand ($1,104 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mauritania, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Norway173518561728-0.2%
Canada172916841720-0.3%
United Kingdom1647165416861.2%
United States188818261616-7.5%
Vietnam1322119414976.4%
Germany1427153714842.0%
Japan147213911385-3.0%
Greece1348130113781.1%
China152013871375-4.9%
Spain154114321351-6.4%
Taiwan (Chinese)137113061289-3.0%
Turkey135412151226-4.8%
Indonesia823724638-12.0%
Average149014061380-3.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Norway ($1,728 per ton), while Indonesia ($638 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.

Seafood Meals and Pellets - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China2.222-6.1%
Japan0.30.30.30.4%
Vietnam0.20.20.23.8%
Norway0.30.30.2-10.1%
United Kingdom0.20.20.210.2%

In value terms, China ($2B) constitutes the largest market for imported flours, meals and pellets of fish or of crustaceans and molluscs worldwide, comprising 41% of global imports. The second position in the ranking was occupied by Japan ($290M), with a 6% share of global imports. It was followed by Vietnam, with a 4.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -6.1%. In the other countries, the average annual rates were as follows: Japan (+0.4% per year) and Vietnam (+3.8% per year).

Seafood Meals and Pellets - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Peru1.61.51.2-13.8%
Chile0.40.30.49.5%
Denmark0.30.30.3-1.9%
United States0.20.20.2-4.2%
Morocco0.10.20.213.3%

In value terms, Peru ($1.2B) remains the largest seafood meals and pellets supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by Chile ($450M), with a 11% share of global exports. It was followed by Denmark, with a 7.5% share.

In Peru, seafood meals and pellets exports declined by an average annual rate of -13.8% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+9.5% per year) and Denmark (-1.9% per year).

Seafood Meals and Pellets - Market Forecast

Driven by increasing demand for seafood meals and pellets worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Seafood Meals and Pellets - Product Coverage

  • HS 230120 - Flours, meals and pellets; of fish or of crustaceans, molluscs or other aquatic invertebrates
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Event
World - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for seafood meals and pellets.

Latin America and the Caribbean - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Latin America and the Caribbean.

Eastern Asia - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Eastern Asia.

Southern Asia - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Southern Asia.

South-Eastern Asia - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in South-Eastern Asia.

Australia and Oceania - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Australia and Oceania.

Central Asia - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Central Asia.

Africa - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Africa.

Middle East - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in the Middle East.

Northern America - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for seafood meals and pellets in Northern America.

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