Price for Fish Meal; Fit for Human Consumption in Uruguay - 2022

Contents:

  1. Price for Fish Meal; Fit for Human Consumption in Uruguay (CIF) - 2022
  2. Imports of Fish Meal; Fit for Human Consumption in Uruguay

Price for Fish Meal; Fit for Human Consumption in Uruguay (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $29,656 per ton, approximately mirroring the previous year. Over the period under review, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $29,661 per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +5.6% per year.

Imports of Fish Meal; Fit for Human Consumption in Uruguay

In 2022, the amount of fish meal; fit for human consumptia imported into Uruguay amounted to 90 kg, therefore, remained relatively stable against 2021. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -10% was in 2020.

In value terms, imports of fish meal; fit for human consumptia stood at $2.7K in 2022. In general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of $5.3K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Meal; Fit for Human Consumption in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.75.3N/A2.7-16.9%
OthersN/AN/AN/AN/A0%
Total4.75.3N/A2.7-16.9%

Top Suppliers of Fish Meal; Fit for Human Consumption to Uruguay in 2022:

  1. Argentina (90.0 kg)

Source: IndexBox Market Intelligence Platform

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