Argentina: Market for Dried Or Smoked Fish 2025

Market Size for Dried Or Smoked Fish in Argentina

In 2021, after two years of decline, there was growth in the Argentinian dried or smoked fish market, when its value increased by 2.8% to $X. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Dried or smoked fish consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Dried Or Smoked Fish in Argentina

In value terms, dried or smoked fish production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 23% against the previous year. Dried or smoked fish production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Dried Or Smoked Fish

Exports from Argentina

In 2021, exports of dried or smoked fish from Argentina reduced notably to X tons, which is down by -42.9% compared with the previous year. Over the period under review, exports saw a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of 19%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dried or smoked fish exports shrank notably to $X in 2021. In general, exports recorded a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of 23%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), the United States (X tons) and Peru (X tons) were the main destinations of dried or smoked fish exports from Argentina, together comprising 90% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of -10.8%), while the other leaders experienced a decline.

In value terms, Spain ($X), Peru ($X) and the United States ($X) appeared to be the largest markets for dried or smoked fish exported from Argentina worldwide, with a combined 88% share of total exports.

Among the main countries of destination, the United States, with a CAGR of -9.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average dried or smoked fish export price amounted to $X per ton, falling by -5.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 17%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Myanmar ($X per ton) and Peru ($X per ton), while the average price for exports to the United States ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into Argentina

Dried or smoked fish imports into Argentina fell rapidly to X tons in 2021, which is down by -22.1% against the previous year. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by 38%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, dried or smoked fish imports reduced rapidly to $X in 2021. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2016 with an increase of 38%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway (X tons), Chile (X tons) and Spain (X tons) were the main suppliers of dried or smoked fish imports to Argentina.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +11.1%), while purchases for the other leaders experienced a decline.

In value terms, Chile ($X) constituted the largest supplier of dried or smoked fish to Argentina, comprising 62% of total imports. The second position in the ranking was taken by Norway ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-13.4% per year) and Spain (+6.3% per year).

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, surging by 5.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 25%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Chile ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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