Canada - Fish Fillets (Dried, Salted Or In Brine, But Not Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Fish Fillet Price in Canada - 2023
Contents:
- Preserved Fish Fillet Price in Canada (FOB) - 2023
- Preserved Fish Fillet Price in Canada (CIF) - 2023
- Preserved Fish Fillet Exports in Canada
- Preserved Fish Fillet Imports in Canada
Preserved Fish Fillet Price in Canada (FOB) - 2023
The average preserved fish fillet export price stood at $10,429 per ton in June 2023, remaining constant against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 18% against the previous month. As a result, the export price reached the peak level of $12,049 per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was the United States ($11,079 per ton), while the average price for exports to Bermuda totaled $7,601 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%).
Preserved Fish Fillet Price in Canada (CIF) - 2023
In June 2023, the average preserved fish fillet import price amounted to $8,256 per ton, surging by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in August 2022 an increase of 38% against the previous month. The import price peaked at $10,220 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($8,774 per ton), while the price for Faroe Islands amounted to $5,700 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%).
Preserved Fish Fillet Exports in Canada
Preserved fish fillet exports from Canada shrank to 2.4K tons in 2022, approximately mirroring 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.9%.
In value terms, preserved fish fillet exports totaled $20M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 5.7% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Preserved Fish Fillet in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.2 | 15.9 | 16.3 | 16.2 | 2.1% |
Spain | 1.6 | 0.9 | 1.9 | 1.9 | 5.9% |
Denmark | 0.8 | 0.8 | 0.3 | 0.6 | -9.1% |
Antigua and Barbuda | N/A | 0.4 | 0.3 | 0.3 | -13.4% |
Grenada | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Trinidad and Tobago | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Others | 1.5 | 0.4 | 0.5 | 0.4 | -35.6% |
Total | 19.4 | 18.6 | 19.7 | 19.7 | 0.5% |
Top Export Markets for Preserved Fish Fillet from Canada in 2022:
- United States (1571.2 tons)
- Spain (453.7 tons)
- Denmark (130.1 tons)
- Antigua and Barbuda (62.0 tons)
- Trinidad and Tobago (36.9 tons)
- Grenada (36.2 tons)
Preserved Fish Fillet Imports in Canada
Preserved fish fillet imports into Canada skyrocketed to 3.1K tons in 2022, picking up by 18% against 2021. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 3.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved fish fillet imports surged to $20M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 31%. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Preserved Fish Fillet in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.0 | 22.5 | 13.2 | 17.2 | 0.4% |
Norway | 1.0 | 1.2 | 1.2 | 1.2 | 6.3% |
United States | 0.3 | 0.1 | 0.6 | 0.6 | 26.0% |
Portugal | 0.1 | 0.6 | 0.6 | 0.5 | 71.0% |
Faroe Islands | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
Others | 0.8 | 0.5 | 0.7 | 0.4 | -20.6% |
Total | 19.2 | 25.2 | 16.5 | 20.3 | 1.9% |
Top Suppliers of Preserved Fish Fillet to Canada in 2022:
- China (2491.3 tons)
- United States (182.0 tons)
- Norway (156.5 tons)
- Portugal (98.1 tons)
- Faroe Islands (77.0 tons)
This report provides an in-depth analysis of the preserved fish fillet market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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