Report Update Nov 1, 2024

U.S. - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Frozen Eels Market 2022

Frozen Eels Market Size in the U.S.

In 2020, the U.S. 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, however, showed a strong expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Frozen Eels Production in the U.S.

In value terms, frozen eels production dropped to $X in 2020. In general, production saw a slight descent. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. Frozen eels production peaked at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Frozen Eels Exports

Exports from the U.S.

In 2020, after four years of growth, there was significant decline in shipments abroad of frozen eels, when their volume decreased by -X% to X tons. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2019, and then fell significantly in the following year.

In value terms, frozen eels exports declined remarkably to $X in 2020. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then dropped remarkably in the following year.

Exports by Country

South Korea (X tons) was the main destination for frozen eels exports from the U.S., accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to South Korea totaled -X%.

In value terms, South Korea ($X) also remains the key foreign market for frozen eels exports from the U.S..

From 2007 to 2020, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2020, the average frozen eels export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average 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.

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

From 2007 to 2020, the rate of growth in terms of prices for South Korea amounted to +X% per year.

Frozen Eels Imports

Imports into the U.S.

In 2020, the amount of frozen eels imported into the U.S. expanded significantly to X tons, growing by X% on the year before. Over the period under review, imports showed a tangible increase. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the near future.

In value terms, frozen eels imports shrank to $X in 2020. Overall, imports recorded a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest frozen eels supplier to the U.S., accounting for a X% share of total imports. Moreover, frozen eels imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Canada (-X% per year).

In value terms, China ($X) constituted the largest supplier of frozen eels to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports. It was followed by Madagascar, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Madagascar (X% per year).

Import Prices by Country

In 2020, the average frozen eels import price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was South Korea ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in the world?

The countries with the highest volumes of frozen eels consumption in 2020 were China, India and the U.S., together accounting for 61% of global consumption. Denmark, Indonesia, New Zealand, Qatar, Hong Kong SAR, Vietnam, Bangladesh, Taiwan Chinese), Canada and Germany lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of frozen eels in the world?

Indonesia remains the largest frozen eels producing country worldwide, accounting for 42% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, India, twofold. Malaysia ranked third in terms of total production with a 8.7% share.

What are the leading suppliers of frozen eels to the U.S.?

In value terms, China constituted the largest supplier of frozen eels to the U.S., comprising 61% of total imports. The second position in the ranking was occupied by Vietnam, with a 18% share of total imports. It was followed by Madagascar, with a 8.9% share.

What are the leading importers of frozen eels from the U.S.?

In value terms, South Korea remains the key foreign market for frozen eels exports from the U.S..

What is the average export price for frozen eels in the U.S.?

In 2020, the average frozen eels export price amounted to $2,452 per ton, which is down by -29.4% against the previous year.

What is the average import price for frozen eels in the U.S.?

The average frozen eels import price stood at $7,381 per ton in 2020, declining by -23.2% against the previous year.

This report provides an in-depth analysis of the frozen eels market in the U.S.. 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 2025.

Product coverage:

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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