Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (CIF) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (FOB) - 2023
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (CIF) - 2023
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $8,685 per ton in December 2023, declining by -5.5% against the previous month. Overall, the import price showed a slight decline. The most prominent rate of growth was recorded in January 2023 an increase of 2.2% against the previous month. As a result, import price reached the peak level of $10,409 per ton. From February 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Latvia ($14,569 per ton), while the price for Indonesia ($7,443 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (FOB) - 2023
The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $4,522 per ton in December 2023, increasing by 38% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 42% month-to-month. As a result, the export price attained the peak level of $6,018 per ton. From June 2023 to December 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Canada ($6,106 per ton), while the average price for exports to Japan ($3,283 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+13.0%), 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 the United States
Imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into the United States totaled 62K tons in 2022, with an increase of 15% on the previous year. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $581M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 291 | 244 | 232 | 359 | 7.3% |
| Iceland | 48.9 | 53.0 | 66.6 | 81.4 | 18.5% |
| Indonesia | 4.2 | 8.6 | 11.7 | 40.8 | 113.4% |
| Vietnam | 23.8 | 16.7 | 11.0 | 26.5 | 3.6% |
| Latvia | N/A | 0.2 | 0.2 | 12.8 | 700.0% |
| Canada | 8.1 | 6.9 | 12.4 | 12.3 | 14.9% |
| Norway | 20.2 | 21.6 | 23.7 | 11.0 | -18.3% |
| Russia | 25.0 | 19.5 | 32.5 | 10.5 | -25.1% |
| Others | 3.4 | 2.5 | 4.3 | 27.2 | 100.0% |
| Total | 424 | 373 | 394 | 581 | 11.1% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to the United States in 2022:
- China (40.7K tons)
- Iceland (6.9K tons)
- Indonesia (5.5K tons)
- Vietnam (2.7K tons)
- Latvia (1.1K tons)
- Russia (1.1K tons)
- Canada (1.0K tons)
- Norway (1.0K tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States
In 2022, approx. 4.5K tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from the United States; increasing by 19% against 2021. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell slightly to $17M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $17M, and then fell slightly in the following year.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.1 | 6.1 | 11.6 | 8.8 | 7.4% |
| China | 3.7 | 3.4 | 0.5 | 2.2 | -15.9% |
| Portugal | 1.2 | 0.7 | 0.8 | 1.7 | 12.3% |
| Taiwan (Chinese) | 0.4 | 1.4 | 1.8 | 1.5 | 55.4% |
| Spain | 0.3 | 0.7 | 1.2 | 0.7 | 32.6% |
| Japan | N/A | 0.5 | 0.6 | 0.6 | 9.5% |
| Mexico | 0.7 | 0.6 | 0.4 | 0.5 | -10.6% |
| Others | 2.2 | 1.0 | 0.7 | 0.7 | -31.7% |
| Total | 15.6 | 14.3 | 17.4 | 16.7 | 2.3% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from the United States in 2022:
- Canada (1727.6 tons)
- China (891.6 tons)
- Portugal (697.3 tons)
- Taiwan (Chinese) (447.9 tons)
- Spain (250.0 tons)
- Japan (180.9 tons)
- Mexico (139.2 tons)
504
This report provides an in-depth analysis of the frozen fish fillet market in the USA.
189
This report provides an in-depth analysis of the market for fish fillets and other fish meat in the U.S..
226
This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat in the U.S..
368
This report provides an in-depth analysis of the frozen catfish fillets market in the U.S..
396
This report provides an in-depth analysis of the frozen fish meat market in the USA.
610
This report provides an in-depth analysis of the fresh fish fillet market in the U.S..
681
Global Frozen Fish Fillet Market Report 2018. This report provides an in-depth analysis of the global frozen fish fillet market.
253
This report provides an in-depth analysis of the global market for fish fillets and other fish meat.
253
This report provides an in-depth analysis of the global market for fresh or chilled salmonoids meat.
372
This report provides an in-depth analysis of the global frozen catfish fillets market.
1298
In October 2022, the fresh fish fillet price amounted to $11.7 per kg (CIF, US), falling by -6.4% against the previous month.
64
Explore the top import markets for fish fillets and other fish meat in the world. Find out which countries lead in seafood imports and drive the global market.
339
Explore the top import markets for fresh fish fillet and their key statistics. Learn about the countries with the highest import values for fresh fish fillet, such as the United States, France, and Sweden. Find market insights and opportunities on the IndexBox platform.
1335
In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
1038
In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
342
In value terms, frozen fish fillet imports fell to $344M in April 2023.
419
In November 2022, the frozen fish meat price amounted to $3,374 per ton (FOB, US), stabilizing at the previous month.
725
American frozen fish meat exports dropped from $602M in 2019 to $518M in 2020 amid the declining demand from Japan and South Korea. In physical terms, exports shrank by -9.5% y-o-y to 198K tons. South Korea, Japan and France constitute the leading importers, accounting for 65% of American frozen fish meat exports. The average export price for frozen fish meat from the U.S. decreased by -4.8% y-o-y to $2,623 per ton in 2020.
1298
In October 2022, the fresh fish fillet price amounted to $11.7 per kg (CIF, US), falling by -6.4% against the previous month.
137
Explore the top import markets for frozen fish meat and discover key statistics on countries leading the global trade. Find out which nations have the highest import values and demand for frozen fish meat.
