U.S. - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Prices in the United States
U.S. Frozen Fish Import Price per Ton in June 2022
In June 2022, the frozen fish price per ton amounted to $7.5K (CIF, US), reducing by -5.9% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 9% month-to-month. As a result, import price attained the peak level of $8.2K per ton. From May 2022 to June 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($17.4K per ton), while the price for Russia ($3.6K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Mexico (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Frozen Fish Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was frozen fish fillet ($8.5K per ton), while the price for frozen whole fish ($4.8K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by frozen fish meat (+3.6%), while the prices for the other products experienced mixed trend patterns.
U.S. Frozen Fish Imports
In August 2022, overseas purchases of frozen fish decreased by -2.9% to 66K tons, falling for the second month in a row after two months of growth. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in May 2022 when imports increased by 15% month-to-month.
In value terms, frozen fish imports reduced slightly to $513M (IndexBox estimates) in August 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 15% month-to-month.
U.S. Frozen Fish Imports by Type
In August 2022, frozen fish fillet (52K tons) constituted the largest type of frozen fish supplied to the United States, accounting for a 78% share of total imports. Moreover, frozen fish fillet exceeded the figures recorded for the second-largest type, frozen whole fish (14K tons), fourfold.
From January 2022 to August 2022, the average monthly growth rate of the volume of import of frozen fish fillet was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: frozen whole fish (-7.7% per month) and frozen fish meat (-5.6% per month).
In value terms, frozen fish fillet ($441M) constituted the largest type of frozen fish supplied to the United States, comprising 86% of total imports. The second position in the ranking was taken by frozen whole fish ($65M), with a 13% share of total imports.
U.S. Frozen Fish Imports by Country
China (21K tons), Vietnam (19K tons) and Chile (5.4K tons) were the main suppliers of frozen fish imports to the United States, together comprising 59% of total imports. These countries were followed by Indonesia, Russia, Iceland, Norway, Japan, Canada, Taiwan (Chinese), Mexico and Brazil, which together accounted for a further 14%.
From January 2022 to June 2022, the biggest increases were in Iceland (with a CAGR of +8.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen fish suppliers to the United States were China ($118M), Vietnam ($117M) and Chile ($73M), with a combined 53% share of total imports. These countries were followed by Indonesia, Norway, Japan, Iceland, Canada, Russia, Taiwan (Chinese), Mexico and Brazil, which together accounted for a further 21%.
Among the main suppliers, Iceland, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen fish 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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