Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada - 2024
Contents:
- Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (CIF) - 2024
- Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada
- Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada
Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (CIF) - 2024
In January 2024, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $10,114 per ton, surging by 1.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 2.1% against the previous month. The import price peaked in January 2024.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from Taiwan (Chinese) ($10,491 per ton) and Colombia ($10,218 per ton), while the price for Brazil ($9,656 per ton) and the United States ($9,684 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Colombia (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $3,468 per ton, falling by -16.9% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 34%. As a result, the export price reached the peak level of $7,147 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($10,081 per ton), while the average price for exports to Bermuda ($2,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+7.0%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada
Imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s into Canada skyrocketed to 2.1K tons in 2022, jumping by 16% against 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s skyrocketed to $19M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 5.0 | 6.2 | 9.4 | 13.8 | 40.3% |
| Honduras | 4.7 | 3.8 | 3.7 | 2.0 | -24.8% |
| Costa Rica | 3.9 | 4.8 | 0.7 | 1.0 | -36.5% |
| United States | 0.5 | 0.2 | 0.2 | 0.6 | 6.3% |
| Indonesia | 0.4 | 0.4 | 0.2 | 0.4 | 0.0% |
| Brazil | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Total | 14.7 | 15.7 | 14.9 | 18.6 | 8.2% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Canada in 2022:
- Colombia (1587.3 tons)
- Honduras (232.1 tons)
- Costa Rica (119.2 tons)
- United States (63.1 tons)
- Indonesia (49.0 tons)
- Brazil (40.0 tons)
Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada
For the fourth year in a row, Canada recorded growth in overseas shipments of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s, which increased by 1.6% to 1.1 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 153%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s fell notably to $3.9K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 184% against the previous year.
| Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 2.6 | 2.9 | 2.9 | 47.7% |
| Dominican Republic | 0.1 | 0.1 | 1.6 | 0.9 | 108.0% |
| Bermuda | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.0 | 2.8 | 4.6 | 3.9 | 57.4% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Canada in 2022:
- United States (1019.0 kg)
- Dominican Republic (86.0 kg)
- Bermuda (19.0 kg)
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