Uruguay - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Price in Uruguay - 2022
Contents:
- Frozen Fish Price in Uruguay (FOB) - 2022
- Frozen Fish Price in Uruguay (CIF) - 2022
- Frozen Fish Exports in Uruguay
- Frozen Fish Imports in Uruguay
Frozen Fish Price in Uruguay (FOB) - 2022
In 2022, the average frozen fish export price amounted to $1,689 per ton, dropping by -14.6% against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the maximum at $2,408 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($2,182 per ton), while the average price for exports to Bangladesh ($899 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 (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Price in Uruguay (CIF) - 2022
The average frozen fish import price stood at $2,148 per ton in 2022, with a decrease of -7.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $2,439 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($4,727 per ton), while the price for Vanuatu ($1,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Exports in Uruguay
In 2022, shipments abroad of frozen fish was finally on the rise to reach 55K tons after two years of decline. In general, exports, however, continue to indicate a mild decline.
In value terms, frozen fish exports rose remarkably to $93M in 2022. Overall, exports, however, recorded a noticeable decline.
| Export of Frozen Fish in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | 5.7 | 9.0 | 6.5 | 14.8 | 37.4% |
| Nigeria | 10.7 | 11.7 | 9.0 | 11.6 | 2.7% |
| Brazil | 15.0 | 13.1 | 13.4 | 9.8 | -13.2% |
| Colombia | 5.1 | 10.5 | 12.4 | 7.9 | 15.7% |
| Russia | 7.7 | 6.6 | 5.4 | 7.1 | -2.7% |
| Gabon | 8.0 | 6.6 | 5.5 | 6.1 | -8.6% |
| China | 20.1 | 4.3 | 2.8 | 6.0 | -33.2% |
| Congo | 3.7 | 3.1 | 2.7 | 5.0 | 10.6% |
| Cote d'Ivoire | 2.6 | 5.3 | 3.4 | 4.8 | 22.7% |
| United States | 8.2 | 7.4 | 8.9 | 4.7 | -16.9% |
| Guinea | N/A | 0.1 | 0.9 | 2.4 | 389.9% |
| Israel | 2.8 | 1.6 | 2.6 | 1.7 | -15.3% |
| Bangladesh | 3.3 | 2.1 | 1.4 | 1.7 | -19.8% |
| Others | 14.9 | 11.2 | 9.7 | 9.6 | -13.6% |
| Total | 108 | 92.5 | 84.6 | 92.9 | -4.9% |
Top Export Markets for Frozen Fish from Uruguay in 2022:
- Cameroon (10.8K tons)
- Nigeria (7.0K tons)
- Colombia (4.9K tons)
- Brazil (4.5K tons)
- China (3.6K tons)
- Russia (3.5K tons)
- Gabon (3.4K tons)
- Cote d'Ivoire (3.2K tons)
- Congo (3.0K tons)
- Bangladesh (1.8K tons)
- Guinea (1.5K tons)
- Israel (1.3K tons)
- United States (0.8K tons)
Frozen Fish Imports in Uruguay
In 2022, purchases abroad of frozen fish decreased by -51.7% to 4.4K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5% against the previous year. As a result, imports attained the peak of 9.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen fish imports declined significantly to $9.5M in 2022. Over the period under review, imports saw a sharp setback. The smallest decline of -2.2% was in 2021.
| Import of Frozen Fish in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.5 | 1.4 | 2.4 | 3.1 | -11.7% |
| Taiwan (Chinese) | 12.1 | 15.8 | 10.4 | 2.4 | -41.7% |
| Argentina | 1.3 | 0.9 | 1.0 | 1.1 | -5.4% |
| China | 2.0 | 0.5 | 3.7 | 0.9 | -23.4% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Japan | 0.8 | 1.1 | 0.8 | 0.4 | -20.6% |
| Vanuatu | N/A | N/A | N/A | 0.2 | 0% |
| South Korea | 0.2 | 0.1 | 0.3 | N/A | 22.5% |
| Others | 2.2 | 2.0 | 2.6 | 0.9 | -25.8% |
| Total | 23.2 | 21.9 | 21.4 | 9.5 | -25.7% |
Top Suppliers of Frozen Fish to Uruguay in 2022:
- Taiwan (Chinese) (1929.9 tons)
- Vietnam (1003.0 tons)
- Brazil (426.6 tons)
- Argentina (307.2 tons)
- Japan (275.2 tons)
- China (198.0 tons)
- Vanuatu (164.4 tons)
This report provides an in-depth analysis of the frozen fish market in Uruguay. 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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