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Trade Tracker: Mahimahi season approaches
Price swing favors fresh air-freighted product
November 01, 2013
Mahimahi imports totaled more than $100 million through the first seven months of this year. The peak import season for the fish is typically during the winter months, from December through March, although August of last year posted a spike in supply.
The majority of mahimahi imports originate in South and Central America. Roughly 40 percent of all mahimahi imports come from Ecuador, followed by 24 percent from Peru and 13 percent from Taiwan.
Approximately three-fourths of all mahi imports arrive as frozen fillets, imported by ocean cargo. The rest of the imports are fresh and shipped via air freight. Frozen mahi imports decreased by 16 percent compared to January through July of last year while fresh imports during the same time period increased by 50 percent.
A fresh vs. frozen price swing is currently favoring fresh product: Air-freighted fresh product for the first seven months of this year was $5.24 per kilogram (kg), whereas frozen product shipped via ocean cargo was $6.77 per kg. Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date U.S. trade data through our subscription tools. TradeIQ™ is a U.S. Customs import Bill of Lading database utilized to find information about competitors, suppliers, prospects, and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information. For more information visit www.zepol.com.