May 28, 2019

U.S. Seafood Product Market. Analysis And Forecast to 2025

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U.S.: Seafood Product Market Overview 2019

Seafood Product Market Size in the USA

The revenue of the seafood product market in the U.S. amounted to $X in 2018, rising by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. The seafood product consumption peaked in 2018, and is likely to see steady growth in the near future.

Seafood Product Production in the USA

In value terms, seafood product production amounted to $X in 2018. The total output value increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014, when the output figure increased by X% against the previous year. The seafood product production peaked in 2018, and is likely to see steady growth in the immediate term.

Seafood Product Exports

Exports from the USA

In 2018, the amount of seafood product exported from the U.S. stood at X tonnes, going up by X% against the previous year. Overall, seafood product exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2018, when exports increased by X% against the previous year. Over the period under review, the seafood product exports attained its maximum volume of X tonnes in 2014; however, from 2015 to 2018, it failed to regain its momentum.

In value terms, seafood product exports stood at $X in 2018. Overall, seafood product exports continue to indicate a drastic shrinkage. Over the period under review, the seafood product exports attained its peak figure level of $X in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Exports by Country

The UK (X tonnes), Australia (X tonnes) and the Netherlands (X tonnes) were the main destinations of seafood product exports from the U.S., together accounting for X% of total exports. These countries were followed by New Zealand, Japan and China, which together accounted for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced a decline.

In value terms, the UK ($X), Australia ($X) and the Netherlands ($X) constituted the largest markets for seafood product exported from the U.S. worldwide, with a combined X% share of total exports. Japan, New Zealand and China lagged somewhat behind, together comprising a further X%.

Japan (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last five years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average seafood product export price amounted to $X per kg, picking up by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018, when it surged by X% year-to-year. In that year, the average export prices for seafood product attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Japan ($X per kg), while average price for exports to China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to New Zealand (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Seafood Product Imports

Imports into the USA

In 2018, imports of seafood product into the U.S. amounted to X tonnes, going up by X% against the previous year. In general, seafood product imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018, when it surged by X% year-to-year. Over the period under review, the seafood product imports attained its peak figure volume of X tonnes in 2014; however, from 2015 to 2018, it failed to regain its momentum.

In value terms, seafood product imports totaled $X in 2018. In general, seafood product imports continue to indicate a relatively flat trend pattern. Over the period under review, the seafood product imports attained its maximum level of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Imports by Country

In 2018, Thailand (X tonnes) constituted the largest supplier of seafood product to the U.S., with a X% share of total imports. Moreover, seafood product imports from Thailand exceeded the figures recorded by the second largest supplier, China (X tonnes), twofold. Ecuador (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of volume from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Ecuador (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of seafood product to the U.S., making up X% of total seafood product imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of value from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Ecuador (+X% per year).

Import Prices by Country

The average seafood product import price stood at $X per kg in 2018, picking up by X% against the previous year. In general, seafood product import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018, when it surged by X% y-o-y. Over the period under review, the average import prices for seafood product reached its maximum level of $X per kg in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Import prices varied noticeably by the country of origin; the country with the highest import price was Fiji ($X per kg), while price for China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Senegal (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

Prepared fresh fish and other fresh seafood; Prepared frozen fish; Prepared frozen shellfish; Other prepared fresh and frozen seafood; Seafood canning; Seafood product preparation and packaging, nsk, total


The report provides on an in-depth survey of the U.S. seafood product market. It reveals the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains actual data on the major players in the industry.


Countries coverage: the U.S.


Companies mentioned:

Trident Seafoods Corporation,

Gorton's Inc.,

Bee Bumble Foods,

Icicle Seafoods,

Tampa Maid Foods,

Blount Fine Foods,

Omega Protein Corporation,

Peter Pan Seafoods,

Orca Bay Seafoods,

Tampa Bay Fisheries,

Sea Watch International,

Trans-Ocean Products,

Consolidated Catfish Companies,

High Liner Foods (usa),

The Harris Soup Company,

Kanaway Seafoods,

Fisherman's Pride Processors,

Copper River Seafoods,

State Fish Co.,

America's Catch,

North Coast Sea-Foods,

Heartland Catfish Company,

North Pacific Seafoods,

Ocean Beauty Seafoods,

California Shellfish Company,

Thai Union International


Data coverage:

• Seafood product market size;

• Seafood product production, value of shipments;

• Key market players and their profiles;

• Exports, imports and trade balance;

• Import and export prices;

• Forecast of the market dynamics in the medium term;

• Key industry statistics;

• Life cycle of the seafood product industry;

• Number of establishments and their locations;

• Employment data;

• Seafood product industry productivity.


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


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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