Latin America and the Caribbean: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Latin America and the Caribbean

The Latin American market for frozen atlantic salmon and danube salmon soared to $X in 2021, picking up by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Frozen Atlantic Salmon And Danube Salmon in Latin America and the Caribbean

In value terms, production of frozen atlantic salmon and danube salmon skyrocketed to $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in Latin America and the Caribbean

Exports of frozen atlantic salmon and danube salmon reduced dramatically to X tons in 2021, declining by -X% compared with 2020 figures. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020, and then dropped markedly in the following year.

In value terms, exports of frozen atlantic salmon and danube salmon declined to $X in 2021. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Chile (X tons) was the largest exporter of frozen atlantic salmon and danube salmon in Latin America and the Caribbean, comprising X% of total export.

Chile was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon exports, with a CAGR of +X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) also remains the largest frozen atlantic salmon and danube salmon supplier in Latin America and the Caribbean.

In Chile, exports of frozen atlantic salmon and danube salmon expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to +X% per year.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in Latin America and the Caribbean

After three years of growth, purchases abroad of frozen atlantic salmon and danube salmon decreased by -X% to X tons in 2021. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, imports of frozen atlantic salmon and danube salmon surged to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Colombia (X tons) represented the major importer of frozen atlantic salmon and danube salmon, generating X% of total imports. Brazil (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Venezuela (X%) and Panama (X%). Mexico (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were in Panama (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Venezuela ($X) and Brazil ($X) were the countries with the highest levels of imports in 2021, together comprising X% of total imports. Panama and Mexico lagged somewhat behind, together accounting for a further X terms of the main importing countries, Panama, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price, however, saw a slight decline. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Venezuela ($X per ton) and Mexico ($X per ton), while Brazil ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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