Uruguay: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in Uruguay

The Uruguayan frozen freshwater fish market fell remarkably to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a abrupt contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Freshwater Fish Production in Uruguay

In value terms, frozen freshwater fish production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Frozen Freshwater Fish Exports

Exports from Uruguay

In 2022, exports of frozen freshwater fish from Uruguay skyrocketed to X tons, rising by X% against the year before. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen freshwater fish exports skyrocketed to $X in 2022. Overall, exports, however, showed a perceptible decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cameroon (X tons), Nigeria (X tons) and Colombia (X tons) were the main destinations of frozen freshwater fish exports from Uruguay, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cameroon ($X), Nigeria ($X) and Colombia ($X) constituted the largest markets for frozen freshwater fish exported from Uruguay worldwide, together comprising X% of total exports. Gabon, China, Congo, Cote d'Ivoire, Brazil, Bangladesh and Vietnam lagged somewhat behind, together comprising a further X%.

Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen freshwater fish export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price showed a slight contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Bangladesh ($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 Bangladesh (X%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Freshwater Fish Imports

Imports into Uruguay

In 2022, after three years of decline, there was significant growth in purchases abroad of frozen freshwater fish, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a deep setback. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen freshwater fish imports surged to $X in 2022. In general, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of frozen freshwater fish to Uruguay, accounting for a X% share of total imports. Moreover, frozen freshwater fish imports from Brazil exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Argentina (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen freshwater fish to Uruguay, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average frozen freshwater fish import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :