Report Update Apr 1, 2024

Puerto Rico - Fish Fillets (Dried, Salted or in Brine, But not Smoked) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Preserved Fish Fillet Market 2024

Preserved Fish Fillet Market Size in Puerto Rico

In 2021, after three years of decline, there was growth in the Puerto Rican preserved fish fillet market, when its value increased by 1% to $X. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -37.6% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Preserved Fish Fillet Production in Puerto Rico

In value terms, preserved fish fillet production reached $X in 2021 estimated in export price. Overall, production saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 93% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Preserved Fish Fillet Exports

Exports from Puerto Rico

In 2021, the amount of fish fillets (dried, salted or in brine, but not smoked) exported from Puerto Rico stood at less than X kg, remaining relatively unchanged against the previous year. In general, exports recorded a relatively flat trend pattern.

In value terms, preserved fish fillet exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by Denmark (X tons), the Netherlands (X tons), Norway (X tons) and Belarus (X tons) were the main exporters of fish fillets (dried, salted or in brine, but not smoked), together achieving 67% of total exports. Germany (X tons), Sweden (X tons), Canada (X tons), Spain (X tons), Pakistan (X tons), Poland (X tons), Peru (X tons) and Oman (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +42.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved fish fillet supplying countries from Puerto Rico were Belarus ($X), China ($X) and the Netherlands ($X), with a combined 49% share of total exports. Denmark, Norway, Poland, Germany, Canada, Spain, Peru, Sweden, Pakistan and Oman lagged somewhat behind, together comprising a further 39%.

In terms of the main exporting countries, Poland, with a CAGR of +47.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the other leaders experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports into Puerto Rico

In 2021, preserved fish fillet imports into Puerto Rico amounted to less than X kg, standing approx. at the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, preserved fish fillet imports stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of preserved fish fillet imports in 2021 were Italy (X tons), the United States (X tons), Denmark (X tons), the Netherlands (X tons), Russia (X tons) and Spain (X tons), together resulting at 66% of total import. The following importers - Brazil (X tons), Germany (X tons), Sweden (X tons), Nigeria (X tons), Canada (X tons), Bangladesh (X tons) and Ghana (X tons) - together made up 21% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +77.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved fish fillet importing markets into Puerto Rico were Italy ($X), Russia ($X) and the Netherlands ($X), together accounting for 45% of total imports. Spain, Denmark, the United States, Germany, Brazil, Canada, Sweden, Nigeria, Bangladesh and Ghana lagged somewhat behind, together accounting for a further 43%.

In terms of the main importing countries, Bangladesh, with a CAGR of +65.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fillets (dried, salted or in brine, but not smoked) in the world?

The country with the largest volume of preserved fish fillet consumption was China, accounting for 18% of total volume. Moreover, preserved fish fillet consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of fish fillets (dried, salted or in brine, but not smoked) in the world?

China remains the largest preserved fish fillet producing country worldwide, accounting for 21% of total volume. Moreover, preserved fish fillet production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of fish fillets (dried, salted or in brine, but not smoked) to Puerto Rico?

In value terms, the largest preserved fish fillet importing markets into Puerto Rico were Italy, Russia and the Netherlands, together accounting for 45% of total imports. These countries were followed by Spain, Denmark, the United States, Germany, Brazil, Canada, Sweden, Nigeria, Bangladesh and Ghana, which together accounted for a further 43%.

What are the leading importers of fish fillets (dried, salted or in brine, but not smoked) from Puerto Rico?

In value terms, the largest preserved fish fillet supplying countries from Puerto Rico were Belarus, China and the Netherlands, with a combined 49% share of total exports. These countries were followed by Denmark, Norway, Poland, Germany, Canada, Spain, Peru, Sweden, Pakistan and Oman, which together accounted for a further 39%.

What is the average export price for fish fillets (dried, salted or in brine, but not smoked) in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for fish fillets (dried, salted or in brine, but not smoked) in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the preserved fish fillet market in Puerto Rico. 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 2030.

Product coverage:

Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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
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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