Report Update Nov 1, 2024

Puerto Rico - Mackerel (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Puerto Rico

After four years of decline, the Puerto Rican preserved mackerel market increased by 3% to $X in 2021. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Preserved Mackerel Production in Puerto Rico

In value terms, preserved mackerel production reached $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 64%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Preserved Mackerel Exports

Exports from Puerto Rico

Preserved mackerel exports from Puerto Rico was estimated at less than X kg in 2021, remaining stable against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, preserved mackerel exports totaled less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

China represented the major exporting country with an export of about X tons, which reached 48% of total exports. Thailand (X tons) ranks second in terms of the total exports with a 9.1% share, followed by Vietnam (6.9%) and Morocco (5.9%). Portugal (X tons), Denmark (X tons), Latvia (X tons), Poland (X tons), the Netherlands (X tons) and Ecuador (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to preserved mackerel exports from China stood at +6.4%. At the same time, Ecuador (+31.9%), the Netherlands (+27.2%), Poland (+22.6%), Vietnam (+9.9%) and Latvia (+8.4%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in the world, with a CAGR of +31.9% from 2012-2021. Portugal and Morocco experienced a relatively flat trend pattern. By contrast, Denmark (-3.6%) and Thailand (-6.1%) illustrated a downward trend over the same period. While the share of China (+17 p.p.), Vietnam (+3.6 p.p.) and Poland (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Denmark (-2.3 p.p.) and Thailand (-9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest preserved mackerel supplier from Puerto Rico, comprising 32% of global exports. The second position in the ranking was taken by Thailand ($X), with an 8.7% share of global exports. It was followed by Vietnam, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +4.7%. In the other countries, the average annual rates were as follows: Thailand (-3.1% per year) and Vietnam (+11.7% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining stable against the previous year. In general, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+9.0%), while the other leaders experienced more modest paces of growth.

Preserved Mackerel Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of mackerel (prepared or preserved) were imported into Puerto Rico; approximately reflecting 2020. Overall, imports recorded a relatively flat trend pattern.

In value terms, preserved mackerel imports stood at less than $X in 2021. In general, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, Japan (X tons), followed by Ghana (X tons), the United States (X tons), Jamaica (X tons) and Thailand (X tons) were the key importers of mackerel (prepared or preserved), together generating 38% of total imports. Italy (X tons), Sri Lanka (X tons), Haiti (X tons), France (X tons), Yemen (X tons), the UK (X tons), the Netherlands (X tons) and Spain (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Haiti (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported mackerel (prepared or preserved) into Puerto Rico, comprising 20% of global imports. The second position in the ranking was held by Italy ($X), with a 6.8% share of global imports. It was followed by the United States, with a 6.5% share.

In Japan, preserved mackerel imports expanded at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Italy (-2.0% per year) and the United States (+1.6% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. In general, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mackerel (prepared or preserved) in the world?

The countries with the highest volumes of preserved mackerel consumption in 2021 were China, the United States and India, with a combined 29% share of global consumption. Japan, Indonesia, Bangladesh, Russia, Nigeria, Germany, Pakistan, Brazil, Norway and Egypt lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of mackerel (prepared or preserved) in the world?

The country with the largest volume of preserved mackerel production was China, comprising approx. 19% of total volume. Moreover, preserved mackerel production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the leading suppliers of mackerel (prepared or preserved) to Puerto Rico?

In value terms, Japan constitutes the largest market for imported mackerel prepared or preserved) into Puerto Rico, comprising 20% of global imports. The second position in the ranking was occupied by Italy, with a 6.9% share of global imports. It was followed by Sri Lanka, with a 6.7% share.

What are the leading importers of mackerel (prepared or preserved) from Puerto Rico?

In value terms, China remains the largest preserved mackerel supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was occupied by Vietnam, with a 12% share of global exports. It was followed by Thailand, with a 9.6% share.

What is the average export price for mackerel (prepared or preserved) in Puerto Rico?

In 2021, the preserved mackerel export price in Puerto Rico amounted to $less than 0.1 per ton, flattening at the previous year.

What is the average import price for mackerel (prepared or preserved) in Puerto Rico?

In 2021, the preserved mackerel import price in Puerto Rico amounted to $less than 0.1 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the preserved mackerel market 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)

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:

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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
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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. 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