Report Update Nov 1, 2024

Puerto Rico - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in Puerto Rico

The Puerto Rican fish meals and pellet market totaled less than $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern.

Exports of Flours, Meals And Pellets Of Fish

Exports from Puerto Rico

In 2021, approx. less than X kg of flours, meals and pellets of fish were exported from Puerto Rico; flattening at the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, fish meals and pellet exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The shipments of the four major exporters of flours, meals and pellets of fish, namely China, Costa Rica, Myanmar and Indonesia, represented more than half of total export. It was distantly followed by Pakistan (X tons) and the United States (X tons), together comprising a 10% share of total exports. Latvia (X tons), Peru (X tons), Denmark (X tons), South Africa (X tons), Canada (X tons), Vietnam (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +39.5%), while the other leaders experienced more modest paces of growth.

In value terms, Costa Rica ($X), China ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2021, with a combined 58% share of total exports. Peru, Canada, Denmark, Vietnam, the United States, Myanmar, the Netherlands, Latvia, Pakistan and South Africa lagged somewhat behind, together accounting for a further 27%.

Vietnam, with a CAGR of +27.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+13.3%), while the other leaders experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Fish

Imports into Puerto Rico

In 2021, imports of flours, meals and pellets of fish into Puerto Rico was estimated at less than X kg, remaining stable against 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, fish meals and pellet imports stood at less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

Japan represented the main importing country with an import of about X tons, which finished at 27% of total imports. It was distantly followed by the UK (X tons), Nigeria (X tons), Sweden (X tons), Denmark (X tons) and Democratic People's Republic of Korea (X tons), together comprising a 37% share of total imports. Malaysia (X tons), Germany (X tons), Canada (X tons), China (X tons), Russia (X tons), the Netherlands (X tons) and the United States (X tons) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of -2.5% from 2012 to 2021. At the same time, Democratic People's Republic of Korea (+64.9%), Nigeria (+34.4%), the UK (+25.3%), Malaysia (+21.7%), Germany (+16.5%), Russia (+10.5%), Denmark (+8.7%), the United States (+2.3%) and China (+2.3%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +64.9% from 2012-2021. By contrast, Sweden (-4.2%), the Netherlands (-4.9%) and Canada (-9.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the UK, Nigeria, Democratic People's Republic of Korea, Malaysia, Germany and Denmark increased by +9.5, +7.1, +5.3, +3.1, +2.6 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported flours, meals and pellets of fish into Puerto Rico, comprising 41% of global imports. The second position in the ranking was taken by China ($X), with an 8.7% share of global imports. It was followed by the UK, with a 5.4% share.

In Japan, fish meals and pellet imports contracted by an average annual rate of -3.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (+17.4% per year) and the UK (+24.8% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flours, meals and pellets of fish in the world?

The country with the largest volume of fish meals and pellet consumption was China, accounting for 17% of total volume. Moreover, fish meals and pellet consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the largest producers of flours, meals and pellets of fish in the world?

China remains the largest fish meals and pellet producing country worldwide, accounting for 20% of total volume. Moreover, fish meals and pellet production in China exceeded the figures recorded by the second-largest producer, Pakistan, threefold. The United States ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of flours, meals and pellets of fish to Puerto Rico?

In value terms, Japan constitutes the largest market for imported flours, meals and pellets of fish into Puerto Rico, comprising 37% of global imports. The second position in the ranking was occupied by the UK, with a 10% share of global imports. It was followed by Sweden, with a 7.4% share.

What are the leading importers of flours, meals and pellets of fish from Puerto Rico?

In value terms, the largest fish meals and pellet supplying countries from Puerto Rico were China, Indonesia and Vietnam, with a combined 55% share of total exports.

What is the average export price for flours, meals and pellets of fish in Puerto Rico?

The fish meals and pellet export price in Puerto Rico stood at $less than 0.1 per ton in 2020, remaining relatively unchanged against the previous year.

What is the average import price for flours, meals and pellets of fish in Puerto Rico?

In 2020, the fish meals and pellet import price in Puerto Rico amounted to $less than 0.1 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for fish meals and pellet in Puerto Rico. 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:

Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023