Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil - 2024

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (CIF) - 2024
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil
  4. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (CIF) - 2024

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $11,700 per ton in February 2024, growing by 14% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 60% m-o-m. Over the period under review, average import prices reached the maximum at $17,228 per ton in April 2023; however, from May 2023 to February 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was China ($11,938 per ton), while the price for Portugal stood at $9,169 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Portugal (+1.7%).

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $16,412 per ton, with an increase of 57% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($20,200 per ton), while the average price for exports to Argentina ($12,260 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1,595.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil

After two years of decline, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by 9.3% to 332 tons in 2022. In general, imports, however, recorded a abrupt slump.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped to $3.3M in 2022. Over the period under review, imports, however, saw a abrupt decrease.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3.63.11.22.6-10.3%
China1.50.60.20.7-22.4%
Iceland0.40.30.1N/A-50.0%
Others0.20.91.8N/A200.0%
Total5.75.03.43.3-16.7%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Brazil in 2022:

  1. Portugal (256.7 tons)
  2. China (75.6 tons)

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil

In 2022, approx. 243 kg of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from Brazil; picking up by 68% on 2021. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 2,702% against the previous year. As a result, the exports reached the peak of 6.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $4K in 2022. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,771%. As a result, the exports attained the peak of $46K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Liberia0.1N/AN/A0.9108.0%
ArgentinaN/A27.2N/A0.6-85.1%
Singapore0.20.1N/A0.426.0%
MaltaN/AN/AN/A0.40%
Panama0.4N/AN/A0.3-9.1%
Marshall IslandsN/AN/AN/A0.30%
NorwayN/AN/AN/A0.30%
Netherlands0.70.5N/A0.2-34.1%
Cayman IslandsN/AN/AN/A0.10%
MalaysiaN/A17.4N/AN/A0%
Others1.11.11.50.3-35.2%
Total2.546.21.54.017.0%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Brazil in 2022:

  1. Argentina (50.0 kg)
  2. Liberia (46.0 kg)
  3. Singapore (27.0 kg)
  4. Malta (22.0 kg)
  5. Panama (20.0 kg)
  6. Marshall Islands (20.0 kg)
  7. Norway (20.0 kg)
  8. Netherlands (10.0 kg)
  9. Cayman Islands (10.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish fillets; frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus) - Brazil