Price for Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador - 2022
Contents:
- Price for Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador (FOB) - 2022
- Exports of Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador
Price for Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador (FOB) - 2022
The average export price for fish stood at $2,681 per ton in 2022, falling by -4.2% against the previous year. Overall, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $3,958 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.7% per year.
Exports of Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador
For the fourth year in a row, Ecuador recorded growth in overseas shipments of fish, which increased by 15% to 299 tons in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 15%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of fish expanded rapidly to $802K in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fish; Swordfish (Xiphias Gladius), Fillets, Frozen in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 594 | 657 | 726 | 802 | 10.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 594 | 657 | 726 | 802 | 10.5% |
Top Export Markets for Fish; Swordfish (Xiphias Gladius), Fillets, Frozen from Ecuador in 2022:
- United States (299.3 tons)
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