Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (CIF) - 2023

In December 2023, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $5,437 per ton, reducing by -7.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $6,560 per ton. From November 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($22,003 per ton), while the price for Indonesia ($4,597 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (FOB) - 2023

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $10,615 per ton in December 2023, growing by 34% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 148% month-to-month. The export price peaked at $20,275 per ton in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Japan ($12,812 per ton), while the average price for exports to Saudi Arabia ($7,853 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States

In 2022, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s into the United States rose sharply to 18K tons, increasing by 12% compared with the previous year. In general, imports showed a relatively flat trend pattern.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s surged to $106M in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China72.875.951.961.2-5.6%
Thailand8.810.511.813.114.2%
Argentina10.63.75.86.7-14.2%
Netherlands3.22.34.35.318.3%
Indonesia0.10.82.13.8236.2%
Canada3.13.04.03.65.1%
Vietnam2.10.91.33.113.9%
PortugalN/AN/A0.11.61500.0%
Spain0.50.81.11.544.2%
Norway1.10.90.51.48.4%
Others2.20.81.54.123.1%
Total10599.884.61060.3%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to the United States in 2022:

  1. China (11.0K tons)
  2. Thailand (1.8K tons)
  3. Argentina (1.1K tons)
  4. Netherlands (0.8K tons)
  5. Indonesia (0.7K tons)
  6. Canada (0.6K tons)
  7. Vietnam (0.5K tons)
  8. Norway (0.4K tons)
  9. Portugal (0.3K tons)
  10. Spain (0.3K tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States

Exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s from the United States contracted sharply to 904 tons in 2022, shrinking by -19.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 1.1K tons, and then dropped markedly in the following year.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s fell to $7.2M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 46%. As a result, the exports reached the peak of $8.1M, and then fell in the following year.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4.64.67.46.411.6%
Mexico0.10.10.10.226.0%
China1.10.10.10.1-55.0%
Colombia0.10.40.30.10.0%
United Kingdom0.5N/AN/AN/A0%
Others0.50.40.20.4-7.2%
Total6.95.58.17.21.4%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from the United States in 2022:

  1. Canada (791.2 tons)
  2. Colombia (27.7 tons)
  3. Mexico (20.7 tons)
  4. China (19.8 tons)

Source: IndexBox Market Intelligence Platform

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