U.S. - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Prices in the United States
U.S. Frozen Fish Meat Export Price per Ton in July 2022
In July 2022, the frozen fish meat price per ton amounted to $3.1K (FOB, US), with a decrease of -4.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 13% m-o-m. As a result, the export price attained the peak level of $3.2K per ton, and then contracted in the following month.
There were significant differences in the average prices for the major external markets. In July 2022, the country with the highest price was South Korea ($3.8K per ton), while the average price for exports to China ($1.9K per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Frozen Fish Meat Exports
In August 2022, shipments abroad of frozen fish meat increased by 42% to 41K tons, rising for the third month in a row after two months of decline. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in February 2022 with an increase of 576% month-to-month. The exports peaked in August 2022.
In value terms, frozen fish meat exports soared to $129M (IndexBox estimates) in August 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in February 2022 when exports increased by 587% month-to-month. Over the period under review, the exports reached the peak figure in August 2022.
U.S. Frozen Fish Meat Exports by Country
South Korea (11K tons), Japan (10K tons) and France (2.3K tons) were the main destinations of frozen fish meat exports from the United States, with a combined 83% share of total exports.
From January 2022 to July 2022, the biggest increases were in South Korea (with a CAGR of +181.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, South Korea ($41M), Japan ($26M) and France ($6.3M) constituted the largest markets for frozen fish meat exported from the United States worldwide, together comprising 84% of total exports.
South Korea, with a CAGR of +196.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen fish meat market in the U.S.. 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 10201500 - Frozen fish meat without bones (excluding fillets)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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In November 2022, the frozen fish meat price amounted to $3,374 per ton (FOB, US), stabilizing at the previous month.
607
American frozen fish meat exports dropped from $602M in 2019 to $518M in 2020 amid the declining demand from Japan and South Korea. In physical terms, exports shrank by -9.5% y-o-y to 198K tons. South Korea, Japan and France constitute the leading importers, accounting for 65% of American frozen fish meat exports. The average export price for frozen fish meat from the U.S. decreased by -4.8% y-o-y to $2,623 per ton in 2020.
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In value terms, frozen fish fillet imports fell to $344M in April 2023.
1129
In October 2022, the fresh fish fillet price amounted to $11.7 per kg (CIF, US), falling by -6.4% against the previous month.
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Explore the top import markets for frozen fish fillet and their key statistics. Find out the import values and opportunities in countries like the United States, Japan, Germany, and more.
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In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
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In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
335
In November 2022, the frozen fish meat price amounted to $3,374 per ton (FOB, US), stabilizing at the previous month.
607
American frozen fish meat exports dropped from $602M in 2019 to $518M in 2020 amid the declining demand from Japan and South Korea. In physical terms, exports shrank by -9.5% y-o-y to 198K tons. South Korea, Japan and France constitute the leading importers, accounting for 65% of American frozen fish meat exports. The average export price for frozen fish meat from the U.S. decreased by -4.8% y-o-y to $2,623 per ton in 2020.
