MERCOSUR: Freshwater Fish Market 2024

Freshwater Fish Market Size in MERCOSUR

The MERCOSUR freshwater fish market rose to $X in 2023, increasing by X% against the previous year. The total consumption indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. Over the period under review, the market attained the maximum level in 2023 and is likely to see steady growth in the near future.

Freshwater Fish Production in MERCOSUR

In value terms, freshwater fish production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Freshwater Fish Exports

Exports in MERCOSUR

In 2023, shipments abroad of freshwater fish was finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, freshwater fish exports dropped slightly to $X in 2023. Overall, exports showed modest growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Ecuador dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Peru (X tons), creating a X% share of total exports. Chile (X tons) and Brazil (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to freshwater fish exports from Ecuador stood at X%. At the same time, Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Peru and Ecuador saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Ecuador ($X) remains the largest freshwater fish supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Ecuador amounted to X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, falling by X% against the previous year. Export price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, freshwater fish export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced a decline in the export price figures.

Freshwater Fish Imports

Imports in MERCOSUR

In 2023, freshwater fish imports in MERCOSUR dropped to X tons, falling by X% compared with 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, freshwater fish imports rose significantly to $X in 2023. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Colombia (X tons), Peru (X tons), Chile (X tons), Argentina (X tons) and Ecuador (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Venezuela (X tons), achieving a X% share of total imports. Guyana (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constitutes the largest market for imported freshwater fish in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Colombia, freshwater fish imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Colombia ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform