Uruguay: Battered Fish Fillet Market 2025

Battered Fish Fillet Market Size in Uruguay

The Uruguayan battered fish fillet market soared to $X in 2021, growing by 17% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Battered fish fillet consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Battered Fish Fillet Production in Uruguay

In value terms, battered fish fillet production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. Battered fish fillet production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Battered Fish Fillet Exports

Exports from Uruguay

For the seventh consecutive year, Uruguay recorded decline in overseas shipments of fish fillets in batter or breadcrumbs, which decreased by -14.2% to X tons in 2021. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 3,723% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, battered fish fillet exports contracted dramatically to $X in 2021. In general, exports saw a dramatic contraction. The growth pace was the most rapid in 2014 when exports increased by 3,556%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), France (X tons) and Brazil (X tons) were the main destinations of battered fish fillet exports from Uruguay, together accounting for 77% of total exports. Algeria and Italy lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of -19.5%), while the other leaders experienced a decline.

In value terms, France ($X), Spain ($X) and Italy ($X) appeared to be the largest markets for battered fish fillet exported from Uruguay worldwide, together comprising 85% of total exports. These countries were followed by Algeria and Brazil, which together accounted for a further 15%.

Algeria, with a CAGR of -21.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average battered fish fillet export price amounted to $X per ton, falling by -6.8% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+43.5%), while the prices for the other major destinations experienced a decline.

Battered Fish Fillet Imports

Imports into Uruguay

Battered fish fillet imports into Uruguay was estimated at X tons in 2021, growing by 2.4% compared with the year before. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 333% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, battered fish fillet imports contracted slightly to $X in 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 349%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Argentina (X tons) constituted the largest supplier of battered fish fillet to Uruguay, with a 84% share of total imports. Moreover, battered fish fillet imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Peru (X tons), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina amounted to +34.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.4% per year) and Peru (-6.3% per year).

In value terms, Argentina ($X) constituted the largest supplier of fish fillets in batter or breadcrumbs to Uruguay, comprising 85% of total imports. The second position in the ranking was taken by China ($X), with a 5% share of total imports. It was followed by the Netherlands, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Argentina amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and the Netherlands (+90.9% per year).

Import Prices by Country

In 2021, the average battered fish fillet import price amounted to $X per ton, which is down by -6.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 12%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Ecuador ($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 (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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