Peru: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Peru

The Peruvian inedible fish products market contracted to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, saw a moderate increase. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Inedible Fish Products Production in Peru

In value terms, inedible fish products production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Inedible Fish Products Exports

Exports from Peru

In 2022, inedible fish products exports from Peru soared to X tons, jumping by X% compared with the previous year. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, inedible fish products exports soared to $X in 2022. Overall, exports, however, recorded a sharp reduction. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for inedible fish products exports from Peru, with a X% share of total exports. Moreover, inedible fish products exports to Germany exceeded the volume sent to the second major destination, Chile (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and the United States (X% per year).

In value terms, Germany ($X) remains the key foreign market for inedible fish products exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average inedible fish products export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a dramatic slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Inedible Fish Products Imports

Imports into Peru

In 2022, after six years of growth, there was significant decline in overseas purchases of inedible fish products, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, inedible fish products imports shrank dramatically to $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

The United States (X tons), Spain (X tons) and Chile (X tons) were the main suppliers of inedible fish products imports to Peru, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest inedible fish products suppliers to Peru were Spain ($X), the United States ($X) and Chile ($X), together accounting for X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average inedible fish products import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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