Report Update Apr 1, 2024

Puerto Rico - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Puerto Rico

The Puerto Rican frozen catfish fillets market totaled $X in 2019, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern.

Frozen Catfish Fillets Exports

Exports by Country

Vietnam prevails in frozen catfish fillets exports structure, finishing at X tons, which was near X% of total exports in 2020. Malaysia (X tons) followed a long way behind the leaders.

Exports from Vietnam decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Malaysia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Vietnam and Malaysia increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest frozen catfish fillets supplier from Puerto Rico, comprising X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports.

In Vietnam, frozen catfish fillets exports decreased by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

The frozen catfish fillets export price in Puerto Rico stood at $X per ton in 2020, stabilizing at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while Malaysia amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Frozen Catfish Fillets Imports

Imports by Country

In 2020, China (X tons) represented the largest importer of frozen catfish fillets, generating X% of total imports. The U.S. (X tons) took the second position in the ranking, distantly followed by Thailand (X tons) and Mexico (X tons). All these countries together took approx. X% share of total imports. Brazil (X tons), the Philippines (X tons), the Netherlands (X tons), the UK (X tons), Singapore (X tons) and Russia (X tons) held a minor share of total imports.

China was also the fastest-growing in terms of the frozen catfish fillets imports, with a CAGR of +X% from 2007 to 2020. At the same time, Thailand (+X%), the Philippines (+X%), Brazil (+X%), Mexico (+X%) and the UK (+X%) displayed positive paces of growth. By contrast, the U.S. (-X%), Singapore (-X%), the Netherlands (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China, Thailand, Brazil, Mexico and the Philippines increased by +X%, +X%, +X%, +X% and +X% percentage points, while Russia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen catfish fillets importing markets into Puerto Rico were China ($X), the U.S. ($X) and Thailand ($X), with a combined X% share of total imports.

Among the main importing countries, China saw the highest growth rate of 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 2020, the frozen catfish fillets import price in Puerto Rico amounted to $X per ton, standing approx. at the previous year. In general, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the UK ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish fillets in the world?

China constituted the country with the largest volume of frozen catfish fillets consumption, comprising approx. 25% of total volume. Moreover, frozen catfish fillets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 7.9% share.

What are the largest producers of frozen catfish fillets in the world?

The country with the largest volume of frozen catfish fillets production was Vietnam, comprising approx. 31% of total volume. Moreover, frozen catfish fillets production in Vietnam exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by China, with a 11% share.

What are the leading suppliers of frozen catfish fillets to Puerto Rico?

In value terms, China, the U.S. and Thailand appeared to be the countries with the highest levels of imports in 2020, with a combined 53% share of total imports.

What are the leading importers of frozen catfish fillets from Puerto Rico?

In value terms, Vietnam remains the largest frozen catfish fillets supplier from Puerto Rico, comprising 94% of global exports. The second position in the ranking was occupied by Malaysia, with a 0.7% share of global exports.

What is the average export price for frozen catfish fillets in Puerto Rico?

In 2020, the frozen catfish fillets export price in Puerto Rico amounted to $0 per ton, standing approx. at the previous year.

What is the average import price for frozen catfish fillets in Puerto Rico?

In 2020, the frozen catfish fillets import price in Puerto Rico amounted to $0 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the frozen catfish fillets market 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 2025.

Product coverage:

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