Brazil - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Meals and Pellet in Brazil - 2023

Contents:

  1. Price for Fish Meals and Pellet in Brazil (FOB) - 2022
  2. Price for Fish Meals and Pellet in Brazil (CIF) - 2022
  3. Exports of Fish Meals and Pellet in Brazil
  4. Imports of Fish Meals and Pellet in Brazil

Price for Fish Meals and Pellet in Brazil (FOB) - 2022

The average fish meals and pellet export price stood at $75,375 per ton in 2022, rising by 33% against the previous year. In general, export price indicated a strong expansion from 2013 to 2022: its price increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish meals and pellet export price increased by +72.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 59%. The export price peaked at $86,488 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($97,817 per ton), while the average price for exports to Liberia ($5,550 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Meals and Pellet in Brazil (CIF) - 2022

The average fish meals and pellet import price stood at $84,955 per ton in September 2022, surging by 6.2% against the previous month. In general, the import price, however, saw a deep setback. Over the period under review, average import prices hit record highs at $104K per ton in May 2022; however, from June 2022 to September 2022, import prices remained at a lower figure.

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

From May 2022 to September 2022, the rate of growth in terms of prices for the United States amounted to -5.0% per month.

Exports of Fish Meals and Pellet in Brazil

In 2022, the amount of flours, meals and pellets of fish exported from Brazil soared to 343 kg, surging by 15% compared with the previous year. Over the period under review, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 20%. As a result, the exports reached the peak of 630 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fish meals and pellet exports soared to $26K in 2022. Overall, exports, however, saw a drastic downturn.

Export of Fish Meals and Pellet in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.724.216.025.1-8.4%
PanamaN/A0.10.20.241.4%
Marshall IslandsN/A0.10.10.241.4%
LiberiaN/AN/A0.10.10.0%
SingaporeN/A0.10.10.10.0%
CyprusN/AN/AN/A0.10%
NorwayN/AN/A0.1N/A0%
ArgentinaN/A3.0N/AN/A0%
Malta1.0N/A0.1N/A-68.4%
Others2.30.10.3N/A-63.9%
Total36.127.616.925.8-10.6%

Top Export Markets for Fish Meals and Pellet from Brazil in 2022:

  1. United States (257.0 kg)
  2. Marshall Islands (21.0 kg)
  3. Liberia (20.0 kg)
  4. Cyprus (17.0 kg)
  5. Panama (10.0 kg)
  6. Singapore (9.0 kg)
  7. Norway (6.0 kg)

Imports of Fish Meals and Pellet in Brazil

In 2022, overseas purchases of flours, meals and pellets of fish decreased by 0% to 4.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 90%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fish meals and pellet imports amounted to $361K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fish Meals and Pellet in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A3610%
Norway7.313.4N/AN/A83.6%
OthersN/AN/AN/AN/A0%
Total7.313.4N/A361267.1%

Top Suppliers of Fish Meals and Pellet to Brazil in 2022:

  1. United States (4.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet in Brazil. 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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