Report Update Jan 1, 2025

Latin America and the Caribbean - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Frozen Eels Market 2022

Frozen Eels Market Size in Latin America and the Caribbean

The Latin American frozen eels market dropped modestly to $X in 2020, which is down by -X% against the previous year. In general, consumption showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Frozen Eels Production in Latin America and the Caribbean

In value terms, frozen eels production surged to $X in 2020 estimated in export prices. Overall, production recorded a significant expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Latin America and the Caribbean

Peru (X tons) remains the largest frozen eels producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, frozen eels production in Peru exceeded the figures recorded by the second-largest producer, Ecuador (X tons), more than tenfold.

In Peru, frozen eels production decreased by an average annual rate of -X% over the period from 2007-2020.

Frozen Eels Exports

Exports in Latin America and the Caribbean

In 2020, shipments abroad of frozen eels was finally on the rise to reach X tons after two years of decline. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of X tons. from 2018 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen eels exports surged to $X in 2020. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

The biggest shipments were from Peru (X tons), together accounting for X% of total export.

Peru was also the fastest-growing in terms of the frozen eels exports, with a CAGR of -X% from 2012 to 2020. Peru (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) also remains the largest frozen eels supplier in Latin America and the Caribbean.

In Peru, frozen eels exports declined by an average annual rate of -X% over the period from 2012-2020.

Export Prices by Country

In 2020, the frozen eels export price in Latin America and the Caribbean amounted to $X per ton, falling by -X% against the previous year. Overall, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per ton in 2019, and then contracted in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Peru amounted to +X% per year.

Frozen Eels Imports

Imports in Latin America and the Caribbean

After two years of decline, overseas purchases of frozen eels increased by X% to X tons in 2020. Over the period under review, imports, however, continue to indicate a significant decline. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen eels imports shrank to $X in 2020. Overall, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Aruba (X tons), distantly followed by Ecuador (X tons), Costa Rica (X tons), the Dominican Republic (X tons), Jamaica (X tons), Curacao (X tons), Brazil (X tons) and Cayman Islands (X tons) were the major importers of frozen eels, together constituting X% of total imports. Saint Lucia (X kg), Mexico (X kg), Colombia (X kg), Nicaragua (X kg) and Peru (X kg) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Ecuador, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Aruba ($X) constitutes the largest market for imported frozen eels in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

In Aruba, frozen eels imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Ecuador (+X% per year) and Brazil (-X% per year).

Import Prices by Country

In 2020, the frozen eels import price in Latin America and the Caribbean amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2019, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Colombia ($X per ton), while Saint Lucia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Aruba, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in Latin America and the Caribbean?

The country with the largest volume of frozen eels consumption was Ecuador, comprising approx. 81% of total volume. Moreover, frozen eels consumption in Ecuador exceeded the figures recorded by the second-largest consumer, Aruba, more than tenfold. Costa Rica ranked third in terms of total consumption with a 2.6% share.

What are the largest producers of frozen eels in Latin America and the Caribbean?

Peru constituted the country with the largest volume of frozen eels production, comprising approx. 95% of total volume. Moreover, frozen eels production in Peru exceeded the figures recorded by the second-largest producer, Ecuador, more than tenfold.

What are the leading suppliers of frozen eels in Latin America and the Caribbean?

In value terms, Peru remains the largest frozen eels supplier in Latin America and the Caribbean.

What are the leading importers of frozen eels in Latin America and the Caribbean?

In value terms, Aruba constitutes the largest market for imported frozen eels in Latin America and the Caribbean, comprising 33% of total imports. The second position in the ranking was occupied by Ecuador, with a 11% share of total imports. It was followed by Brazil, with a 11% share.

What is the average export price for frozen eels in Latin America and the Caribbean?

The frozen eels export price in Latin America and the Caribbean stood at $8,162 per ton in 2020, waning by -9.2% against the previous year.

What is the average import price for frozen eels in Latin America and the Caribbean?

In 2020, the frozen eels import price in Latin America and the Caribbean amounted to $26,452 per ton, which is down by -3.1% against the previous year.

This report provides an in-depth analysis of the frozen eels market in Latin America and the Caribbean. 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 2025.

Product coverage:

Country coverage:

Anguilla
Antigua and Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bolivia
Brazil
British Virgin Islands
Cayman Islands
Chile
Colombia
Costa Rica
Cuba
Curacao
Dominica
Dominican Republic
Ecuador
El Salvador
Falkland Islands (Malvinas)
French Guiana
Grenada
Guadeloupe
Guatemala
Guyana
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Saint Maarten (Dutch part)
Suriname
Trinidad and Tobago
Turks and Caicos Islands
United States Virgin Islands
Uruguay
Venezuela
Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Latin America and the Caribbean, split by region and country
Trade (exports and imports) in Latin America and the Caribbean
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.

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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024