Latin America and the Caribbean: Frozen Fish Fillet Market 2020

Frozen Fish Fillet Market Size in Latin America and the Caribbean

The revenue of the frozen fish fillet market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen fish fillet consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. Over the period under review, the frozen fish fillet market attained its maximum level in 2017, and is likely to continue its growth in the near future.

Frozen Fish Fillet Production in Latin America and the Caribbean

The frozen fish fillet production totaled X tons in 2017, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. The volume of frozen fish fillet production peaked in 2017, and is likely to continue its growth in the immediate term.

Frozen Fish Fillet Exports in Latin America and the Caribbean

In 2017, approx. X tons of frozen fish fillets were exported in Latin America and the Caribbean; remaining stable against the previous year. The frozen fish fillet exports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, frozen fish fillet exports totaled $X in 2017. The frozen fish fillet exports continue to indicate a mild descent. Over the period under review, the frozen fish fillet exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Exports by Country in Latin America and the Caribbean

In 2017, Chile (X tons) was the largest exporter for frozen fish fillets, mixed up X% of total exports. Argentina (X tons) ranks second in terms of the global exports with a X% share, followed by Peru (X%) and Ecuador (X%). Mexico (X tons) held the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Peru (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Chile ($X) remains the largest frozen fish fillet supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global exports. It was followed by Peru, with a X% share.

In Chile, frozen fish fillet exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Argentina (-X% per year) and Peru (+X% per year).

Frozen Fish Fillet Export Prices by Country in Latin America and the Caribbean

In 2017, the frozen fish fillet export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. In that year, the export prices for frozen fish fillets attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Chile ($X per kg), while Argentina ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Fish Fillet Imports in Latin America and the Caribbean

In 2017, the amount of frozen fish fillets imported in Latin America and the Caribbean stood at X tons, jumping by X% against the previous year. The frozen fish fillet imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2013, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, frozen fish fillet imports amounted to $X in 2017. The frozen fish fillet imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Imports by Country in Latin America and the Caribbean

Mexico (X tons) and Brazil (X tons) prevails in frozen fish fillet imports structure, together committing X% of total imports. It was distantly followed by Colombia (X tons), constituting X% share of total imports. Costa Rica (X tons), Peru (X tons), the Dominican Republic (X tons) and Chile (X tons) occupied the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fish fillet markets worldwide were Mexico ($X), Brazil ($X) and Colombia ($X), with a combined X% share of total imports.

Among the main importing countries , Mexico (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Fish Fillet Import Prices by Country in Latin America and the Caribbean

The frozen fish fillet import price in Latin America and the Caribbean stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the import prices for frozen fish fillets attained their peak level of $X per ton. From 2015 to 2017, growth of the import prices for frozen fish fillets failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Chile ($X per ton) and Brazil ($X per ton), while Costa Rica ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform