Report Update Apr 1, 2024

Puerto Rico - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Frozen Whole Fish Market 2024

Frozen Whole Fish Market Size in Puerto Rico

The Puerto Rican frozen whole fish market totaled less than $X in 2021, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern.

Frozen Whole Fish Exports

Exports from Puerto Rico

Frozen whole fish exports from Puerto Rico was estimated at less than X kg in 2021, approximately equating the year before. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, frozen whole fish exports totaled less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Russia (X tons), followed by Norway (X tons), China (X tons), the Netherlands (X tons) and the United States (X tons) represented the main exporters of frozen whole fish, together making up 35% of total exports. Taiwan (Chinese) (X tons), Chile (X tons), Mauritania (X tons), Japan (X tons), Spain (X tons), South Korea (X tons), Morocco (X tons) and Senegal (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Senegal (with a CAGR of +14.6%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Norway ($X) constituted the countries with the highest levels of exports in 2021, together comprising 28% of total exports. These countries were followed by the United States, Chile, Taiwan (Chinese), the Netherlands, Spain, South Korea, Japan, Morocco, Senegal and Mauritania, which together accounted for a further 36%.

In terms of the main exporting countries, Senegal, with a CAGR of +12.0%, saw the highest rates of growth with regard to 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

The export price in Puerto Rico stood at less than $X per ton in 2021, leveling off at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the other leaders experienced more modest paces of growth.

Frozen Whole Fish Imports

Imports into Puerto Rico

Frozen whole fish imports into Puerto Rico totaled less than X kg in 2021, stabilizing at the previous year's figure. In general, imports saw a relatively flat trend pattern.

In value terms, frozen whole fish imports amounted to less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

China (X tons) and Thailand (X tons) were the main importers of frozen whole fish in 2021, amounting to near 14% and 10% of total imports, respectively. South Korea (X tons) held a 6.7% share (based on physical terms) of total imports, which put it in second place, followed by Japan (5.1%) and Cote d'Ivoire (4.9%). The following importers - the Netherlands (X tons), Vietnam (X tons), Spain (X tons), Nigeria (X tons), Russia (X tons), Ukraine (X tons), the Philippines (X tons) and the United States (X tons) - together made up 21% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cote d'Ivoire (with a CAGR of +9.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen whole fish importing markets into Puerto Rico were China ($X), Japan ($X) and Thailand ($X), together comprising 35% of total imports. South Korea, the United States, Vietnam, Russia, Spain, Nigeria, the Netherlands, Cote d'Ivoire, the Philippines and Ukraine lagged somewhat behind, together comprising a further 31%.

The Philippines, with a CAGR of +12.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole fish in the world?

China constituted the country with the largest volume of frozen whole fish consumption, comprising approx. 41% of total volume. Moreover, frozen whole fish consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sixfold. The third position in this ranking was taken by Thailand, with a 5.8% share.

What are the largest producers of frozen whole fish in the world?

China remains the largest frozen whole fish producing country worldwide, comprising approx. 38% of total volume. Moreover, frozen whole fish production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. Mauritania ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of frozen whole fish to Puerto Rico?

In value terms, the largest frozen whole fish importing markets into Puerto Rico were China, Japan and Thailand, together accounting for 35% of total imports. South Korea, the United States, Vietnam, Russia, Spain, Nigeria, the Netherlands, Cote d'Ivoire, the Philippines and Ukraine lagged somewhat behind, together comprising a further 31%.

What are the leading importers of frozen whole fish from Puerto Rico?

In value terms, Russia, China and Norway constituted the countries with the highest levels of exports in 2021, together accounting for 28% of total exports. The United States, Chile, Taiwan Chinese), the Netherlands, Spain, South Korea, Japan, Morocco, Senegal and Mauritania lagged somewhat behind, together accounting for a further 36%.

What is the average export price for frozen whole fish in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, remaining relatively unchanged against the previous year.

What is the average import price for frozen whole fish in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the frozen whole fish 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 10201330 - Frozen whole salt water fish
Prodcom 10201360 - Frozen whole fresh water fish
Prodcom 10201600 - Frozen fish livers and roes

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
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