Northern America: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Northern America

The North American frozen catfish fillets market fell to $X in 2020, which is down by -X% against the previous year. In general, consumption recorded a noticeable slump. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Frozen Catfish Fillets Production in Northern America

In value terms, frozen catfish fillets production declined sharply to $X in 2020 estimated in export prices. Overall, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X tons) remains the largest frozen catfish fillets producing country in Northern America, accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in the U.S. stood at -X%.

Frozen Catfish Fillets Exports

Exports in Northern America

In 2020, frozen catfish fillets exports in Northern America reduced sharply to X tons, with a decrease of -X% on the previous year's figure. Overall, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish fillets exports shrank rapidly to $X in 2020. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. dominates frozen catfish fillets exports structure, reaching X tons, which was approx. X% of total exports in 2020. It was distantly followed by Canada (X tons), creating a X% share of total exports.

The U.S. was also the fastest-growing in terms of the frozen catfish fillets exports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Canada increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest frozen catfish fillets supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at -X%.

Export Prices by Country

The frozen catfish fillets export price in Northern America stood at $X per ton in 2020, with a decrease of -X% against the previous year. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada totaled $X per ton.

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

Frozen Catfish Fillets Imports

Imports in Northern America

In 2020, approx. X tons of frozen catfish fillets were imported in Northern America; with a decrease of -X% against 2019 figures. Over the period under review, imports saw a slight slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen catfish fillets imports reduced to $X in 2020. Overall, imports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

The U.S. prevails in frozen catfish fillets imports structure, resulting at X tons, which was near X% of total imports in 2020. It was distantly followed by Canada (X tons), making up a X% share of total imports.

The U.S. was also the fastest-growing in terms of the frozen catfish fillets imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported frozen catfish fillets in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., frozen catfish fillets imports shrank by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

In 2020, the frozen catfish fillets import price in Northern America amounted to $X per ton, waning by -X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada totaled $X per ton.

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

Source: IndexBox Platform

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