Report Update May 1, 2024

Puerto Rico - Dried or Salted Fish - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in Puerto Rico

In 2021, after three years of decline, there was significant growth in the Puerto Rican dried or salted fish market, when its value increased by 8.1% to $X. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Dried Or Salted Fish in Puerto Rico

In value terms, dried or salted fish production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 77% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Dried Or Salted Fish

Exports from Puerto Rico

Dried or salted fish exports from Puerto Rico stood at less than X kg in 2021, remaining stable against the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, dried or salted fish exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, Norway (X tons), followed by Vietnam (X tons), Sweden (X tons), the Netherlands (X tons), Iceland (X tons), China (X tons) and Tanzania (X tons) represented the key exporters of dried or salted fish, together constituting 60% of total exports. Thailand (X tons), India (X tons), Spain (X tons), Portugal (X tons), Canada (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +22.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, with a combined 47% share of total exports.

Among the main exporting countries, the Netherlands, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. Overall, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Tanzania ($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 (+5.7%), while the other leaders experienced more modest paces of growth.

Imports of Dried Or Salted Fish

Imports into Puerto Rico

In 2021, the amount of dried or salted fish imported into Puerto Rico was estimated at less than X kg, remaining relatively unchanged against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, dried or salted fish imports stood at less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, Portugal (X tons), followed by Sweden (X tons), China (X tons), Malaysia (X tons), the Netherlands (X tons) and Spain (X tons) represented the major importers of dried or salted fish, together mixing up 49% of total imports. The Dominican Republic (X tons), Italy (X tons), Germany (X tons), the United States (X tons), Rwanda (X tons), Ukraine (X tons) and South Korea (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +37.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Sweden ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, with a combined 41% share of total imports. These countries were followed by Italy, Spain, Germany, South Korea, the United States, the Dominican Republic, China, Malaysia, Ukraine and Rwanda, which together accounted for a further 35%.

China, with a CAGR of +32.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Rwanda (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried or salted fish in the world?

The countries with the highest volumes of consumption in 2021 were Indonesia, China and the Philippines, with a combined 38% share of global consumption. India, the United States, Portugal, Japan, Russia, Germany, Pakistan and Angola lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of dried or salted fish in the world?

The countries with the highest volumes of production in 2021 were Indonesia, China and the Philippines, with a combined 38% share of global production. These countries were followed by India, the United States, Japan, Norway, Vietnam, Pakistan, Germany, Russia, Portugal and Angola, which together accounted for a further 27%.

What are the leading suppliers of dried or salted fish to Puerto Rico?

In value terms, the largest dried or salted fish importing markets into Puerto Rico were Portugal, Sweden and the Netherlands, with a combined 41% share of total imports. Italy, Spain, Germany, South Korea, the United States, the Dominican Republic, China, Malaysia, Ukraine and Rwanda lagged somewhat behind, together comprising a further 35%.

What are the leading importers of dried or salted fish from Puerto Rico?

In value terms, the largest dried or salted fish supplying countries from Puerto Rico were Norway, Sweden and the Netherlands, with a combined 47% share of total exports.

What is the average export price for dried or salted fish in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for dried or salted fish in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the market for dried or salted fish in Puerto Rico. 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
Prodcom 10202300 -

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

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