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U.S. - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S.: Market for Cod, Salted or in Brine 2024
Market Size for Cod, Salted or in Brine in the U.S.
In 2023, the U.S. market for cod, salted or in brine increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2023: its value 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, consumption increased by X% against 2021 indices. Cod, salted or in brine consumption peaked in 2023 and is likely to continue growth in years to come.
Production of Cod, Salted or in Brine in the U.S.
In value terms, cod, salted or in brine production expanded significantly to $X in 2023. Over the period under review, production, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the maximum level in 2023 and is likely to see steady growth in the immediate term.
Exports of Cod, Salted or in Brine
Exports from the U.S.
In 2023, cod, salted or in brine exports from the United States reduced to X tons, shrinking by X% on the previous year. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, cod, salted or in brine exports reached $X in 2023. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
Cayman Islands (X tons) was the main destination for cod, salted or in brine exports from the United States, accounting for a X% share of total exports. Moreover, cod, salted or in brine exports to Cayman Islands exceeded the volume sent to the second major destination, Saint Maarten (Dutch part) (X tons), more than tenfold. Antigua and Barbuda (X kg) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Cayman Islands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Maarten (Dutch part) (X% per year) and Antigua and Barbuda (X% per year).
In value terms, Cayman Islands ($X) remains the key foreign market for cod, salted or in brine exports from the United States, comprising X% of total exports. The second position in the ranking was held by Saint Maarten (Dutch part) ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Cayman Islands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Maarten (Dutch part) (X% per year) and Ecuador (X% per year).
Export Prices by Country
The average export price for cod, salted or in brine stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cod, Salted or in Brine
Imports into the U.S.
In 2023, after two years of growth, there was significant decline in supplies from abroad of cod, salted or in brine, when their volume decreased by X% to X tons. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then shrank dramatically in the following year.
In value terms, cod, salted or in brine imports reduced sharply to $X in 2023. Over the period under review, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then declined markedly in the following year.
Imports by Country
In 2023, Canada (X tons) was the main cod, salted or in brine supplier to the United States, with a X% share of total imports. Moreover, cod, salted or in brine imports from Canada exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume from Canada amounted to X%.
In value terms, Canada ($X) constituted the largest supplier of cod, salted or in brine to the United States, comprising X% of total imports. The second position in the ranking was taken by Portugal ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Canada amounted to X%.
Import Prices by Country
In 2023, the average import price for cod, salted or in brine amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Portugal stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for cod, salted or in brine in the U.S.. 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:
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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