Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile
  4. Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (FOB) - 2022

The average export price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $39,729 per ton in 2022, growing by 31% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, toothfish (dissostichus spp.)s increased by +39.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($40,764 per ton), while the average price for exports to the United Arab Emirates ($28,626 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, toothfish (dissostichus spp.)s amounted to $37,250 per ton, standing approx. at the previous year. Overall, the import price showed significant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for China amounted to +7.1% per year.

Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile

In 2022, approx. 779 tons of fish fillets; frozen, toothfish (dissostichus spp.)s were exported from Chile; rising by 63% compared with the previous year's figure. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 81%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s soared to $31M in 2022. Over the period under review, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.24.511.328.623.5%
United Arab Emirates1.00.20.10.9-3.5%
Mexico0.60.40.50.810.1%
Belgium0.70.40.30.2-34.1%
Canada0.40.40.4N/A0.0%
Others2.01.61.90.5-37.0%
Total19.97.514.531.015.9%

Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from Chile in 2022:

  1. United States (701.3 tons)
  2. United Arab Emirates (30.7 tons)
  3. Mexico (24.8 tons)
  4. Belgium (4.8 tons)

Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile

After two years of decline, purchases abroad of fish fillets; frozen, toothfish (dissostichus spp.)s decreased by 0% to 4 kg in 2022. Over the period under review, imports showed a significant decline. The smallest decline of 99.9% was in 2020.

In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s amounted to $149 in 2022. Overall, imports showed a significant contraction. The smallest decline of 99.9% was in 2020.

Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.10%
China5.2N/AN/AN/A0%
Vietnam0.4N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total5.7N/AN/A0.1-74.0%

Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to Chile in 2022:

  1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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