Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador
  4. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $2,682 per ton, growing by 4.2% against the previous year. In general, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 5.2% against the previous year. Over the period under review, the average export prices reached the maximum at $3,459 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Spain ($3,303 per ton), while the average price for exports to Colombia ($1,195 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 the Netherlands (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $739 per ton, growing by 34% against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 91% against the previous year. Over the period under review, average import prices hit record highs at $1,578 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($3,325 per ton), while the price for Peru ($392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-10.7%), while the prices for the other major suppliers experienced a decline.

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador

After two years of decline, shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 21% to 2.2K tons in 2022. In general, exports, however, continue to indicate a abrupt curtailment.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $5.8M in 2022. Over the period under review, exports, however, faced a deep slump.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil5,1591,9341,2372,625-20.2%
United States2,4082,5731,579695-33.9%
Russia54067040.0469-4.6%
Belgium26536836545820.0%
Netherlands18028524628716.8%
Colombia1491521521908.4%
Spain461130199175-27.6%
Others956910824933-0.8%
Total10,1187,0214,6425,832-16.8%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Ecuador in 2022:

  1. Brazil (853.7 tons)
  2. United States (239.5 tons)
  3. Belgium (232.9 tons)
  4. Russia (198.8 tons)
  5. Colombia (159.3 tons)
  6. Netherlands (92.2 tons)
  7. Spain (53.0 tons)

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador

In 2022, approx. 53 tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into Ecuador; which is down by -41.5% compared with 2021. Over the period under review, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 113%.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s contracted dramatically to $39K in 2022. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 74%.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil31.6N/AN/A21.8-11.6%
Peru75.516.140.014.6-42.2%
Chile8.26.610.03.0-28.5%
OthersN/A6.0N/AN/A0%
Total11528.750.039.4-30.0%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Ecuador in 2022:

  1. Peru (37.4 tons)
  2. Brazil (15.0 tons)
  3. Chile (0.9 tons)

Source: IndexBox Market Intelligence Platform

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