Report Update Jan 1, 2025

Northern America - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Frozen Cuttlefishes Market 2025

Frozen Cuttlefishes Market Size in Northern America

In 2021, after two years of decline, there was significant growth in the North American frozen cuttlefishes market, when its value increased by 22% to $X. Overall, consumption, however, showed a noticeable reduction. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Frozen Cuttlefishes Production in Northern America

In value terms, frozen cuttlefishes production contracted rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a significant decline. The growth pace was the most rapid in 2014 with an increase of 58% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Frozen Cuttlefishes Exports

Exports in Northern America

In 2021, overseas shipments of frozen cuttlefishes were finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. In general, exports, however, continue to indicate a dramatic decrease. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, frozen cuttlefishes exports surged to $X in 2021. Overall, exports, however, faced a dramatic contraction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the United States (X tons) was the major exporter of frozen cuttlefishes, achieving 86% of total exports. It was distantly followed by Canada (X tons), committing a 14% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to frozen cuttlefishes exports from the United States stood at -33.4%. At the same time, Canada (+13.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +13.8% from 2012-2021. Canada (+14 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -13.6% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest frozen cuttlefishes supplier in Northern America, comprising 88% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports.

In the United States, frozen cuttlefishes exports shrank by an average annual rate of -27.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 3.2% against the previous year. Over the period under review, the export price enjoyed resilient growth. The growth pace was the most rapid in 2016 when the export price increased by 56%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.5%).

Frozen Cuttlefishes Imports

Imports in Northern America

After four years of decline, overseas purchases of frozen cuttlefishes increased by 39% to X tons in 2021. In general, imports, however, saw a drastic downturn. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen cuttlefishes imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt curtailment. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

The United States dominates imports structure, finishing at X tons, which was near 96% of total imports in 2021. Canada (X tons) took a little share of total imports.

The United States was also the fastest-growing in terms of the frozen cuttlefishes imports, with a CAGR of -16.4% from 2012 to 2021. Canada (-32.2%) illustrated a downward trend over the same period. The United States (+12 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -13.1% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported frozen cuttlefishes in Northern America, comprising 94% of total imports. The second position in the ranking was taken by Canada ($X), with a 4.4% share of total imports.

In the United States, frozen cuttlefishes imports shrank by an average annual rate of -15.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, reducing by -5.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 an increase of 21% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+8.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuttlefishes in Northern America?

The countries with the highest volumes of frozen cuttlefishes consumption in 2020 were Canada and the United States.

What are the largest producers of frozen cuttlefishes in Northern America?

The United States remains the largest frozen cuttlefishes producing country in Northern America, accounting for 100% of total volume.

What are the leading suppliers of frozen cuttlefishes in Northern America?

In value terms, the United States remains the largest frozen cuttlefishes supplier in Northern America, comprising 76% of total exports. The second position in the ranking was occupied by Canada, with a 24% share of total exports.

What are the leading importers of frozen cuttlefishes in Northern America?

In value terms, Canada and the United States constituted the countries with the highest levels of imports in 2020.

What is the average export price for frozen cuttlefishes in Northern America?

In 2020, the frozen cuttlefishes export price in Northern America amounted to $3,262 per ton, rising by 12% against the previous year.

What is the average import price for frozen cuttlefishes in Northern America?

In 2020, the frozen cuttlefishes import price in Northern America amounted to $5,969 per ton, surging by 8.6% against the previous year.

This report provides an in-depth analysis of the frozen cuttlefishes market in Northern America. 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:

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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
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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
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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
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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