Latin America and the Caribbean: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Latin America and the Caribbean

The Latin American market for jellyfish, dried, salted or in brine, smoked soared to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Latin America and the Caribbean

In value terms, production of jellyfish, dried, salted or in brine, smoked contracted significantly to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in Latin America and the Caribbean

In 2022, exports of jellyfish, dried, salted or in brine, smoked in Latin America and the Caribbean contracted notably to X tons, waning by X% against 2021. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked skyrocketed to $X in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

In 2022, Honduras (X tons) was the major exporter of jellyfish, dried, salted or in brine, smoked, creating X% of total exports. It was distantly followed by Ecuador (X tons), Mexico (X tons) and Nicaragua (X tons), together constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) emerged as the largest jellyfish, dried, salted or in brine, smoked supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Mexico, exports of jellyfish, dried, salted or in brine, smoked expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Honduras (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in Latin America and the Caribbean

In 2022, approx. X kg of jellyfish, dried, salted or in brine, smoked were imported in Latin America and the Caribbean; which is down by X% compared with 2021. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of jellyfish, dried, salted or in brine, smoked contracted markedly to $X in 2022. Overall, imports faced a significant decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Brazil (X kg), Aruba (X kg) and Panama (X kg) represented roughly X% of total imports in 2022. Bahamas (X kg) took the next position in the ranking, followed by Guatemala (X kg). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Panama ($X) constitutes the largest market for imported jellyfish, dried, salted or in brine, smoked in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Bahamas ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

In Panama, imports of jellyfish, dried, salted or in brine, smoked increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bahamas (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Panama ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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