Canada - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Canada - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Herring, Salted or in Brine in Canada - 2023

Contents:

  1. Price for Herring, Salted or in Brine in Canada (FOB) - 2022
  2. Price for Herring, Salted or in Brine in Canada (CIF) - 2022
  3. Exports of Herring, Salted or in Brine in Canada
  4. Imports of Herring, Salted or in Brine in Canada

Price for Herring, Salted or in Brine in Canada (FOB) - 2022

The average export price for herring, salted or in brine stood at $1,086 per ton in 2022, declining by -3.9% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 13%. As a result, the export price attained the peak level of $2,125 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($1,063 per ton), while the average price for exports to the Dominican Republic amounted to $1,030 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (-2.8%).

Price for Herring, Salted or in Brine in Canada (CIF) - 2022

The average import price for herring, salted or in brine stood at $1,571 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2013 when the average import price increased by 5.7%. As a result, import price attained the peak level of $2,167 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iceland ($1,602 per ton), while the price for the United States ($1,269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.7%), while the prices for the other major suppliers experienced a decline.

Exports of Herring, Salted or in Brine in Canada

Herring, salted or in brine exports from Canada rose slightly to 2.2K tons in 2022, increasing by 4.4% compared with 2021. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 60%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, herring, salted or in brine exports reached $2.3M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Herring, Salted or in Brine in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti1,0361,8582,2332,05725.7%
Dominican Republic83.4N/AN/A20535.0%
United States61.177.410080.69.7%
Others4.469.75.23.4-8.2%
Total1,1852,0052,3392,34625.6%

Top Export Markets for Herring, Salted or in Brine from Canada in 2022:

  1. Haiti (1935.8 tons)
  2. Dominican Republic (199.1 tons)
  3. United States (21.6 tons)

Imports of Herring, Salted or in Brine in Canada

Herring, salted or in brine imports into Canada skyrocketed to 223 tons in 2022, picking up by 29% against 2021 figures. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of 315 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, herring, salted or in brine imports skyrocketed to $350K in 2022. In general, imports saw prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 72%. As a result, imports reached the peak of $500K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Herring, Salted or in Brine in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland275409191266-1.1%
NetherlandsN/AN/A33.455.265.3%
United States11.30.127.226.532.9%
GermanyN/A45.7N/AN/A0%
BhutanN/A27.3N/AN/A0%
BelarusN/A12.16.2N/A-48.8%
Others5.46.311.72.4-23.7%
Total2915002693506.3%

Top Suppliers of Herring, Salted or in Brine to Canada in 2022:

  1. Iceland (165.8 tons)
  2. Netherlands (34.5 tons)
  3. United States (20.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for herring, salted or in brine 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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