Report Update Apr 1, 2024

Puerto Rico - Inedible Fish Products - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Inedible Fish Products Market 2024

Inedible Fish Products Exports

Exports by Country

In 2021, Norway (X tons) and Poland (X tons) represented the major exporters of inedible fish productsaround the world, together making up 42% of total exports. It was distantly followed by Germany (X tons), Canada (X tons), Sweden (X tons) and the Netherlands (X tons), together committing a 21% share of total exports. Vietnam (X tons), Denmark (X tons), Lithuania (X tons), South Korea (X tons), the United States (X tons), Free Zones (X tons) and Portugal (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of +39.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the largest inedible fish products supplier from Puerto Rico, comprising 17% of global exports. The second position in the ranking was held by Poland ($X), with a 7.7% share of global exports. It was followed by Germany, with a 7.4% share.

In the United States, inedible fish products exports increased at an average annual rate of +5.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+24.4% per year) and Germany (+12.9% per year).

Inedible Fish Products Imports

Imports by Country

Denmark was the key importing country with an import of around X tons, which finished at 32% of total imports. Germany (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by the United States (6.6%), Norway (5.7%), Ireland (5.2%) and Thailand (4.6%). The following importers - Canada (X tons), France (X tons), Japan (X tons), Spain (X tons), Ecuador (X tons), Australia (X tons) and Iceland (X tons) - together made up 21% of total imports.

From 2012 to 2021, average annual rates of growth with regard to inedible fish products imports into Denmark stood at +1.6%. At the same time, Ireland (+50.5%), Thailand (+34.2%), Norway (+12.6%), France (+12.2%), the United States (+10.9%), Ecuador (+10.5%), Germany (+7.9%), Spain (+3.3%) and Canada (+2.7%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the world, with a CAGR of +50.5% from 2012-2021. By contrast, Australia (-1.2%), Japan (-7.3%) and Iceland (-20.3%) illustrated a downward trend over the same period. While the share of Ireland (+5 p.p.), Thailand (+4.2 p.p.), Germany (+3.8 p.p.), the United States (+3.2 p.p.), Norway (+3.1 p.p.) and France (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Denmark (-4.7 p.p.), Iceland (-5 p.p.) and Japan (-6.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Denmark ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 27% share of total imports. Japan, Germany, Norway, France, Thailand, Australia, Ireland, Spain, Ecuador and Iceland lagged somewhat behind, together accounting for a further 34%.

Ireland, with a CAGR of +34.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inedible fish products in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Norway, Japan, Russia, Pakistan, Brazil, Indonesia, Germany, Denmark, Mexico and Bangladesh, which together accounted for a further 26%.

What are the largest producers of inedible fish products in the world?

China remains the largest inedible fish products producing country worldwide, comprising approx. 18% of total volume. Moreover, inedible fish products production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was taken by India, with a 7.3% share.

What are the leading suppliers of inedible fish products to Puerto Rico?

In value terms, the largest inedible fish products importing markets into Puerto Rico were the United States, Denmark and Canada, with a combined 27% share of total imports. These countries were followed by Japan, Germany, Norway, France, Thailand, Australia, Ireland, Spain, Ecuador and Iceland, which together accounted for a further 34%.

What are the leading importers of inedible fish products from Puerto Rico?

In value terms, the United States remains the largest inedible fish products supplier from Puerto Rico, comprising 17% of global exports. The second position in the ranking was held by Poland, with a 7.7% share of global exports. It was followed by Germany, with a 7.4% share.

This report provides an in-depth analysis of the inedible fish products 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

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