Report Update May 1, 2024

Mexico - Frozen Catfish - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Frozen Catfish Market 2022

Frozen Catfish Market Size in Mexico

For the fifth year in a row, the Mexican frozen catfish market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is likely to see steady growth in the near future.

Frozen Catfish Exports

Exports from Mexico

In 2020, exports of frozen catfish from Mexico amounted to X kg, almost unchanged from the year before. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X kg. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen catfish exports stood at $X in 2020. In general, exports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The U.S. (X kg) was the main destination for frozen catfish exports from Mexico, with a X% share of total exports. Moreover, frozen catfish exports to the U.S. exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

From 2007 to 2013, the average annual growth rate of volume to the U.S. amounted to +X%.

In value terms, the U.S. ($X) remains the key foreign market for frozen catfish exports from Mexico, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2013, the average annual rate of growth in terms of value to the U.S. totaled +X%.

Export Prices by Country

The average frozen catfish export price stood at $X per ton in 2013, with an increase of X% against the previous year. Overall, the export price posted a significant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2013, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2007 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to the U.S. (+X% per year).

Frozen Catfish Imports

Imports into Mexico

In 2020, purchases abroad of frozen catfish increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw resilient growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are likely to see gradual growth in the immediate term.

In value terms, frozen catfish imports shrank notably to $X in 2020. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest supplier of frozen catfish to Mexico, with a X% share of total imports. Moreover, frozen catfish imports from Vietnam exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Vietnam stood at +X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam totaled +X%.

Import Prices by Country

In 2020, the average frozen catfish import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Vietnam ($X per ton), while the price for the U.S. stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish in the world?

The countries with the highest volumes of frozen catfish consumption in 2020 were Vietnam, Colombia and Thailand, with a combined 45% share of global consumption. Saudi Arabia, Cote d'Ivoire, Cameroon, Denmark, Democratic Republic of the Congo, the U.S., Qatar, China, Russia and South Korea lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of frozen catfish in the world?

The country with the largest volume of frozen catfish production was Vietnam, accounting for 75% of total volume. Moreover, frozen catfish production in Vietnam exceeded the figures recorded by the second-largest producer, China, more than tenfold. Thailand ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of frozen catfish to Mexico?

In value terms, Vietnam constituted the largest supplier of frozen catfish to Mexico, comprising 83% of total imports. The second position in the ranking was occupied by the U.S., with a 17% share of total imports.

What are the leading importers of frozen catfish from Mexico?

In value terms, the U.S. $684) remains the key foreign market for frozen catfish exports from Mexico, comprising 100% of total exports. The second position in the ranking was occupied by Canada $1), with a 0.1% share of total exports.

What is the average export price for frozen catfish in Mexico?

The average frozen catfish export price stood at $5,000 per ton in 2013, with an increase of 126% against the previous year.

What is the average import price for frozen catfish in Mexico?

The average frozen catfish import price stood at $5,324 per ton in 2020, which is down by -66.1% against the previous year.

This report provides an in-depth analysis of the frozen catfish market in Mexico. 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 2025.

Product coverage:

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023