Uruguay: Market for Frozen, Dried And Smoked Fish 2025

Market Size for Frozen, Dried And Smoked Fish in Uruguay

The Uruguayan market for frozen, dried and smoked fish shrank sharply to $X in 2022, falling by X% against the previous year. Overall, consumption showed a noticeable descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Frozen, Dried And Smoked Fish in Uruguay

In value terms, frozen, dried and smoked fish production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports from Uruguay

In 2022, shipments abroad of frozen, dried and smoked fish was finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a noticeable contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, frozen, dried and smoked fish exports expanded notably to $X in 2022. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cameroon (X tons), Nigeria (X tons) and Colombia (X tons) were the main destinations of frozen, dried and smoked fish exports from Uruguay, together comprising X% of total exports. Brazil, China, Russia, Gabon, Cote d'Ivoire, Congo, Bangladesh, Guinea, Israel and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen, dried and smoked fish exported from Uruguay were Cameroon ($X), Nigeria ($X) and Brazil ($X), together comprising X% of total exports. Colombia, Russia, Gabon, China, Congo, Cote d'Ivoire, Guinea, Israel, Bangladesh and Italy lagged somewhat behind, together accounting for a further X%.

Guinea, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Uruguay

In 2022, the amount of frozen, dried and smoked fish imported into Uruguay reduced sharply to X tons, with a decrease of X% compared with 2021 figures. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, frozen, dried and smoked fish imports fell notably to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Vietnam (X tons) and Brazil (X tons) were the main suppliers of frozen, dried and smoked fish imports to Uruguay, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Taiwan (Chinese) ($X) and Argentina ($X) were the largest frozen, dried and smoked fish suppliers to Uruguay, with a combined X% share of total imports. Ecuador, China, Brazil, Japan and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for frozen, dried and smoked fish amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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