Peru: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Peru

The Peruvian market for fresh or chilled salmonoids fillets shrank to $X in 2022, dropping by -2.1% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.2% against 2020 indices. Fresh or chilled salmonoids fillets consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Peru

In value terms, fresh or chilled salmonoids fillets production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.6% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Peru

In 2022, overseas shipments of fresh or chilled salmonoids fillets increased by 396% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, faced a abrupt descent. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports surged to $X in 2022. Overall, exports, however, continue to indicate a deep setback. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tons) was the main destination for fresh or chilled salmonoids fillets exports from Peru, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Dominican Republic stood at +3.7%.

In value terms, the Dominican Republic ($X) also remains the key foreign market for fresh or chilled salmonoids fillets exports from Peru.

From 2012 to 2022, the average annual growth rate of value to the Dominican Republic totaled +12.1%.

Export Prices by Country

In 2022, the average export price for fresh or chilled salmonoids fillets amounted to $X per ton, with a decrease of -8.9% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled salmonoids fillets export price increased by +15.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +17.2% per year.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Peru

After seven years of growth, overseas purchases of fresh or chilled salmonoids fillets decreased by -0.5% to X tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 496% against the previous year. Imports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, fresh or chilled salmonoids fillets imports rose slightly to $X in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 453% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main fresh or chilled salmonoids fillets supplier to Peru, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ecuador totaled +22.6%.

In value terms, Ecuador ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Peru.

From 2012 to 2022, the average annual growth rate of value from Ecuador stood at +21.9%.

Import Prices by Country

The average import price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, picking up by 2.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -0.6% per year.

Source: IndexBox Platform

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