Report Update Nov 1, 2024

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

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Puerto Rico: Preserved Salmon Market 2024

Preserved Salmon Market Size in Puerto Rico

In 2021, after four years of decline, there was significant growth in the Puerto Rican preserved salmon market, when its value increased by 10% to $X. Overall, consumption, however, showed a perceptible reduction. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Preserved Salmon Production in Puerto Rico

In value terms, preserved salmon production stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 26% against the previous year. Puerto Rico production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Preserved Salmon Exports

Exports from Puerto Rico

In 2021, preserved salmon exports from Puerto Rico stood at less than X kg, approximately mirroring the previous year's figure. In general, exports saw a relatively flat trend pattern.

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

Exports by Country

In 2021, the United States (X tons), Thailand (X tons) and Poland (X tons) was the major exporter of salmon (prepared or preserved) in the world, committing 57% of total export. Germany (X tons) took the next position in the ranking, followed by Vietnam (X tons), Canada (X tons) and Denmark (X tons). All these countries together held approx. 23% share of total exports. China (X tons), France (X tons), Chile (X tons), Belgium (X tons), the Netherlands (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +16.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 52% of total exports. These countries were followed by Germany, Vietnam, Canada, Denmark, France, China, Chile, the Netherlands, Belgium and the UK, which together accounted for a further 38%.

The Netherlands, with a CAGR of +20.4%, recorded the highest growth rate of 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the other leaders experienced more modest paces of growth.

Preserved Salmon Imports

Imports into Puerto Rico

In 2021, the amount of salmon (prepared or preserved) imported into Puerto Rico stood at less than X kg, approximately reflecting 2020. Overall, imports showed a relatively flat trend pattern.

In value terms, preserved salmon imports stood at less than $X in 2021. In general, imports recorded a relatively flat trend pattern.

Imports by Country

The purchases of the five major importers of salmon (prepared or preserved), namely Germany, the United States, Canada, Japan and the UK, represented more than two-thirds of total import. It was distantly followed by Australia (X tons), making up a 5.1% share of total imports. The following importers - France (X tons), Belgium (X tons), Italy (X tons), the Netherlands (X tons), Sweden (X tons), Slovakia (X tons) and Ireland (X tons) - together made up 14% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +46.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported salmon (prepared or preserved) into Puerto Rico, comprising 27% of global imports. The second position in the ranking was held by the United States ($X), with a 12% share of global imports. It was followed by Canada, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +30.3%. In the other countries, the average annual rates were as follows: the United States (+7.9% per year) and Canada (-0.4% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. In general, the import price saw 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 Sweden ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Norway remains the largest preserved salmon consuming country worldwide, comprising approx. 60% of total volume. Moreover, preserved salmon consumption in Norway exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was occupied by the United States, with a 4% share.

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

The country with the largest volume of preserved salmon production was Norway, comprising approx. 61% of total volume. Moreover, preserved salmon production in Norway exceeded the figures recorded by the second-largest producer, China, eightfold. The United States ranked third in terms of total production with a 4.3% share.

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

In value terms, Germany constitutes the largest market for imported salmon prepared or preserved) into Puerto Rico, comprising 27% of global imports. The second position in the ranking was occupied by the United States, with a 13% share of global imports. It was followed by Canada, with an 11% share.

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

In value terms, the largest preserved salmon supplying countries from Puerto Rico were the United States, Poland and Thailand, with a combined 52% share of total exports. Vietnam, Germany, Canada, Denmark and China lagged somewhat behind, together accounting for a further 30%.

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

The preserved salmon export price in Puerto Rico stood at $less than 0.1 per ton in 2021, flattening at the previous year.

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

In 2021, the preserved salmon import price in Puerto Rico amounted to $less than 0.1 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the preserved salmon 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 10202510 - Prepared or preserved salmon, 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:

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