Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada - 2023
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (CIF) - 2022
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (FOB) - 2022
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $2,428 per ton, surging by 8.7% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 46%. As a result, import price attained the peak level of $5,325 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -1.7% per year.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $2,435 per ton, rising by 66% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s increased by +110.5% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($2,924 per ton), while the average price for exports to the United States totaled $2,424 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada
In 2022, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s into Canada surged to 2.8K tons, growing by 130% compared with 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 432%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s surged to $6.9M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 357%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.4 | 0.3 | 2.5 | 6.7 | 155.9% |
| Others | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| Total | 0.8 | 0.6 | 2.7 | 6.9 | 105.1% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Canada in 2022:
- Norway (2.8K tons)
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada
For the third year in a row, Canada recorded decline in shipments abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, which decreased by -98.1% to 4.1 tons in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -6.9% was in 2020.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s contracted markedly to $10K in 2022. Over the period under review, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 0.1% against the previous year. As a result, the exports reached the peak of $606K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 64.0 | 3.7 | 136 | 9.7 | -46.7% |
| Norway | N/A | N/A | N/A | 0.3 | 0% |
| Japan | 211 | 173 | 48.0 | N/A | -52.3% |
| Germany | 168 | N/A | N/A | N/A | 0% |
| Poland | 41.7 | 390 | 104 | N/A | 57.9% |
| Ghana | 121 | N/A | N/A | N/A | 0% |
| Others | N/A | 38.6 | 23.9 | N/A | -38.1% |
| Total | 605 | 606 | 312 | 10.0 | -74.5% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Canada in 2022:
- United States (4.0 tons)
- Norway (0.1 tons)
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