Earlier Report Observations
The U.S. market for extracts and juices of meat, fish and aquatic invertebrates showed considerable volatility from 2018 to 2023. After starting at 18.8 million dollars in 2018, the market size fell to 16.6 million dollars in 2019, a drop of over 10%. The most significant movement came in 2020, when the market surged by nearly 50% to reach 24.5 million dollars.
Following the 2020 peak, the market corrected slightly to 23.0 million dollars in 2021 and then stabilized in 2022 at a similar level. However, in 2023, the market experienced a sharp contraction, declining by over 25% to 17.0 million dollars, which was below the initial value from 2018.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in the United States
- 5.1.1. Annual dynamics of production in the United States in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in the United States in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in the United States
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production extracts and juices of meat, fish and aquatic invertebrates in the United States
In kind, 2017-2020, t
From 2017 to 2020, the United States ranked as the world's seventh-largest producer of extracts and juices of meat, fish, and aquatic invertebrates.
Top producers of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020
World map of production of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020
The United States saw its production of extracts and juices of meat, fish, and aquatic invertebrates rise for the third year in a row. In 2020, output reached 2 316 tonnes, holding steady compared to 2019. Over the 2017-2020 period, production grew by 29.5%, with an average annual growth rate of 9.0%.
Annual dynamics of production in the United States in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 27.7% | 1.3% | 0.1% | 9.0% |
In value, 2017-2020, K $ US
The United States experienced a third consecutive year of growth in the production value of extracts and juices of meat, fish, and aquatic invertebrates. In 2020, the output was valued at 11 707 thousand US dollars, showing little change from 2019. From 2017 to 2020, production value increased by 50.2%, corresponding to a compound annual growth rate of 14.5%.
Annual dynamics of production in the United States in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 43.9% | 4.1% | 0.3% | 14.5% |
Exports extracts and juices of meat, fish and aquatic invertebrates from the United States
Exports in kind, t
Exports of extracts and juices of meat, fish, and aquatic invertebrates from the United States fell for the third consecutive year. In 2020, the United States exported 2 900 tonnes, marking a significant decline of 11.5% from 2019. Over the 2017-2020 period, exports dropped by 27.7%, with an average annual decrease of 10.3%.
Annual dynamics of product's exports from the United States in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.9%) | (6.2%) | (11.5%) | (10.3%) |
Between 2017 and 2020, Canada was the primary destination for exports in volume, accounting for 75.5% of total flows, while the rest was spread among various smaller markets.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from the United States in kind, 2017-2020
Exports in value, K $ US
The value of exports of extracts and juices of meat, fish, and aquatic invertebrates from the United States declined for the third year in a row. In 2020, exports totaled 14 655 thousand US dollars, down 11.4% from 2019. From 2017 to 2020, export value decreased by 16.2%, equivalent to an annualized rate of 5.7%.
Annual dynamics of product's exports from the United States in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.9%) | (3.6%) | (11.4%) | (5.7%) |
From 2017 to 2020, Canada dominated exports in value terms, capturing 80.1% of total flows, with the remaining share distributed among a fragmented group of other markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from the United States in value, 2017-2020
Imports extracts and juices of meat, fish and aquatic invertebrates to the United States
Imports in kind, t
In 2020, imports of extracts and juices of meat, fish, and aquatic invertebrates into the United States amounted to 2 628 tonnes, up 19.7% from the previous year. Over the 2017-2020 period, imports increased by 11.8%, with an average annual growth rate of 3.8%. The lowest volume was recorded in 2019 at 2 195 tonnes, which also saw the largest decline of 15.9%.
Annual dynamics of product's imports to the United States in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.1% | (15.9%) | 19.7% | 3.8% |
Throughout 2017-2020, Hong Kong (61.0% of import volume), New Zealand (8.7%), and the Netherlands (7.0%) formed the key group of partners for imports in volume of extracts and juices of meat, fish, and aquatic invertebrates to the United States, together representing 76.7% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the United States in kind, 2017-2020
Imports in value, K $ US
In 2020, the United States imported 27 457 thousand US dollars worth of extracts and juices of meat, fish, and aquatic invertebrates, a 27.9% increase from 2019. Between 2017 and 2020, import value rose by 48.2%, equating to an annualized rate of 14.0%. The largest decline occurred in 2019 at 13.3%, while the biggest increase was in 2018 at 33.7%.
Annual dynamics of product's imports to the United States in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 33.7% | (13.3%) | 27.9% | 14.0% |
From 2017 to 2020, New Zealand (28.0% of import value), Hong Kong (22.7%), and Spain (10.9%) formed the main group of sources for imports in value terms of extracts and juices of meat, fish, and aquatic invertebrates to the United States, with a combined share of 61.6% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the United States in value, 2017-2020
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