Northern America: Frozen Eels Market 2022

Frozen Eels Market Size in Northern America

In 2020, the North American frozen eels market increased by X% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption showed a significant increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Frozen Eels Production in Northern America

In value terms, frozen eels production dropped to $X in 2020 estimated in export prices. Over the period under review, production showed a pronounced curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2014 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X tons) constituted the country with the largest volume of frozen eels production, comprising approx. X% of total volume.

In the U.S., frozen eels production remained relatively stable over the period from 2007-2020.

Frozen Eels Exports

Exports in Northern America

In 2020, overseas shipments of frozen eels decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, frozen eels exports fell dramatically to $X in 2020. Over the period under review, exports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. represented the largest exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Canada (X tons), mixing up an X% share of total exports.

The U.S. was also the fastest-growing in terms of the frozen eels exports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest frozen eels supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at -X%.

Export Prices by Country

The frozen eels export price in Northern America stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the export price saw a pronounced downturn. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per ton), while the U.S. amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Frozen Eels Imports

Imports in Northern America

Frozen eels imports expanded to X tons in 2020, surging by X% against the year before. Total imports indicated a slight increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen eels imports dropped to $X in 2020. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

The purchases of the two major importers of frozen eels, namely the U.S. and Canada, represented more than two-thirds of total import.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the U.S..

In value terms, the U.S. ($X) constitutes the largest market for imported frozen eels in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., frozen eels imports increased at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

In 2020, the frozen eels import price in Northern America amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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