U.S. Seafood Product Market 2019 | Trident Seafoods Corporation, Gorton's Inc., Bee Bumble Foods, Icicle Seafoods

IndexBox has just published a new report, the U.S. Seafood Product Market. Analysis And Forecast to 2025

https://www.indexbox.io/store/us-seafood-product-market-analysis-and-forecast-to-2020/

Here is a summary of the report's key findings.

Seafood Product Market Size in the USA

The revenue of the seafood product market in the U.S. amounted to $X in 2018, rising by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. The seafood product consumption peaked in 2018, and is likely to see steady growth in the near future.

Seafood Product Production in the USA

In value terms, seafood product production amounted to $X in 2018. The total output value increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014, when the output figure increased by X% against the previous year. The seafood product production peaked in 2018, and is likely to see steady growth in the immediate term.

Seafood Product Exports

Exports from the USA

In 2018, the amount of seafood product exported from the U.S. stood at X tonnes, going up by X% against the previous year. Overall, seafood product exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2018, when exports increased by X% against the previous year. Over the period under review, the seafood product exports attained its maximum volume of X tonnes in 2014; however, from 2015 to 2018, it failed to regain its momentum.

In value terms, seafood product exports stood at $X in 2018. Overall, seafood product exports continue to indicate a drastic shrinkage. Over the period under review, the seafood product exports attained its peak figure level of $X in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Exports by Country

The UK (X tonnes), Australia (X tonnes) and the Netherlands (X tonnes) were the main destinations of seafood product exports from the U.S., together accounting for X% of total exports. These countries were followed by New Zealand, Japan and China, which together accounted for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced a decline.

In value terms, the UK ($X), Australia ($X) and the Netherlands ($X) constituted the largest markets for seafood product exported from the U.S. worldwide, with a combined X% share of total exports. Japan, New Zealand and China lagged somewhat behind, together comprising a further X%.

Japan (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last five years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average seafood product export price amounted to $X per kg, picking up by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018, when it surged by X% year-to-year. In that year, the average export prices for seafood product attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Japan ($X per kg), while average price for exports to China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to New Zealand (+X% per year), the export prices for the other major destinations experienced more modest paces of growth

ompanies mentioned:

Trident Seafoods Corporation,

Gorton's Inc.,

Bee Bumble Foods,

Icicle Seafoods,

Tampa Maid Foods,

Blount Fine Foods,

Omega Protein Corporation,

Peter Pan Seafoods,

Orca Bay Seafoods,

Tampa Bay Fisheries,

Sea Watch International,

Trans-Ocean Products,

Consolidated Catfish Companies,

High Liner Foods (usa),

The Harris Soup Company,

Kanaway Seafoods,

Fisherman's Pride Processors,

Copper River Seafoods,

State Fish Co.,

America's Catch,

North Coast Sea-Foods,

Heartland Catfish Company,

North Pacific Seafoods,

Ocean Beauty Seafoods,

California Shellfish Company,

Thai Union International

Source: https://www.indexbox.io/store/us-seafood-product-market-analysis-and-forecast-to-2020/

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This release was published on openPR.