Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada - 2024

Contents:

1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada (CIF) - 2022
2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada (FOB) - 2022
3. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada
4. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada (CIF) - 2022

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $29,814 per ton in 2022, increasing by 98% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The import price peaked at $39,021 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Senegal ($52,980 per ton), while the price for Portugal ($4,015 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $3,720 per ton in 2022, falling by -45.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 274% against the previous year. The export price peaked at $12,663 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +517.4% per year.

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada

In 2022, after three years of growth, there was significant decline in purchases abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses, when their volume decreased by -30.6% to 33 tons. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports attained the peak of 47 tons, and then dropped dramatically in the following year.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $972K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Canada in 2022:

1. Vietnam (12.5 tons)
2. Senegal (9.8 tons)
3. Norway (4.3 tons)
4. China (2.9 tons)
5. Portugal (1.5 tons)
6. Iceland (1.1 tons)
7. Guyana (0.2 tons)

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Canada

For the third consecutive year, Canada recorded decline in overseas shipments of fish; edible offal, other than shark fins, fish heads, tails and mawses, which decreased by -83.1% to 800 kg in 2022. Over the period under review, exports continue to indicate a sharp decrease. The smallest decline of -39.3% was in 2020.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses dropped remarkably to $3K in 2022. In general, exports faced a precipitous slump. The smallest decline of -42.7% was in 2020.

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Canada in 2022:

1. China (800.0 kg)

Source: IndexBox Market Intelligence Platform