Nov 25, 2023

September 2023 Sees U.S. Freshwater Fish Export Reduce to $1.9M

U.S. Freshwater Fish Exports

In September 2023, overseas shipments of freshwater fish decreased by -14.8% to 403 tons for the first time since June 2023, thus ending a two-month rising trend. Overall, exports continue to indicate a mild downturn. The growth pace was the most rapid in April 2023 when exports increased by 109% against the previous month. As a result, the exports attained the peak of 1.1K tons. From May 2023 to September 2023, the growth of the exports failed to regain momentum.

In value terms, freshwater fish exports fell to $1.9M (IndexBox estimates) in September 2023. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when exports increased by 244% month-to-month. U.S. Freshwater Fish Exports By Country (Million USD)

COUNTRY	Export Value of Freshwater Fish in U.S. (million USD)
COUNTRY	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023
Canada	1.4	1.4	1.3	1.6	1.9	1.4	2.5	8.0	1.5	1.5	1.2	1.3	1.3
South Korea	0.7	1.0	0.7	0.6	0.3	0.5	0.5	0.7	0.9	0.4	0.6	0.5	0.5
Others	< 0.1	0.3	< 0.1	N/A	0.1	< 0.1	3.4	10.9	0.7	< 0.1	0.1	0.1	< 0.1
Total	2.1	2.6	2.0	2.2	2.4	1.9	6.4	19.7	3.1	2.0	2.0	2.0	1.9

Exports by Country

Canada (334 tons) was the main destination for freshwater fish exports from the United States, accounting for a 83% share of total exports. Moreover, freshwater fish exports to Canada exceeded the volume sent to the second major destination, South Korea (69 tons), fivefold.

From September 2022 to September 2023, the average monthly rate of growth in terms of volume to Canada was relatively modest.

In value terms, Canada ($1.3M) remains the key foreign market for freshwater fish exports from the United States, comprising 71% of total exports. The second position in the ranking was held by South Korea ($545K), with a 29% share of total exports.

From September 2022 to September 2023, the average monthly growth rate of value to Canada was relatively modest.

Export Prices by Country

In September 2023, the freshwater fish price stood at $4,649 per ton (FOB, US), with an increase of 12% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 134% m-o-m. Over the period under review, the average export prices attained the peak figure at $17,178 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($7,855 per ton), while the average price for exports to Canada totaled $3,965 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.7%).

Source: IndexBox Market Intelligence Platform

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

September 2023 Sees U.S. Freshwater Fish Export Reduce to $1.9M

U.S. Freshwater Fish Exports

Exports by Country

Export Prices by Country

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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