
U.S. - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights
U.S. Sees Marginal Rise in Imports of Salmon Worth $16M in June 2023
U.S. Smoked Salmon Imports
In June 2023, smoked salmon imports into the United States reached 646 tons, standing approximately at the month before. In general, imports, however, saw a slight downturn. The pace of growth was the most pronounced in October 2022 when imports increased by 40% month-to-month.
In value terms, smoked salmon imports expanded to $16M (IndexBox estimates) in June 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 with an increase of 41% month-to-month.
COUNTRY | Import Value of Smoked Salmon in U.S. (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
Netherlands | 3.7 | 3.7 | 2.1 | 5.1 | 6.3 | 9.3 | 9.7 | 9.2 | 5.9 | 7.8 | 10.9 | 5.7 | 6.4 |
Poland | 0.8 | 1.0 | 2.1 | 1.3 | 3.7 | 5.3 | 5.3 | 3.8 | 3.5 | 3.9 | 3.3 | 2.0 | 2.8 |
Denmark | 0.8 | 0.2 | 1.1 | 1.4 | 1.3 | 2.5 | 2.8 | 2.8 | 3.8 | 1.5 | 1.3 | 1.3 | 2.1 |
Chile | 5.1 | 1.8 | 3.2 | 3.8 | 5.5 | 5.0 | 3.6 | 5.4 | 1.6 | 2.5 | 1.7 | 2.6 | 1.4 |
Germany | 1.4 | 1.2 | 0.9 | < 0.1 | 2.4 | 1.8 | 2.6 | 2.3 | 1.1 | 2.2 | 1.3 | 1.4 | 1.1 |
Norway | 0.4 | 0.2 | 0.4 | 0.3 | 0.5 | 1.2 | 0.7 | 1.3 | 0.4 | 0.8 | 0.2 | 1.3 | 0.6 |
Greece | 3.9 | 1.7 | 2.3 | 4.6 | 3.3 | 1.5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Others | 0.7 | 0.7 | 0.9 | 1.0 | 1.5 | 1.3 | 0.7 | 1.5 | 0.3 | 1.0 | 1.1 | 0.8 | 1.3 |
Total | 16.9 | 10.7 | 13.0 | 17.5 | 24.6 | 27.9 | 25.3 | 26.3 | 16.5 | 19.8 | 20.0 | 15.1 | 15.6 |
Imports by Country
In June 2023, the Netherlands (260 tons) constituted the largest smoked salmon supplier to the United States, accounting for a 40% share of total imports. Moreover, smoked salmon imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (115 tons), twofold. Denmark (75 tons) ranked third in terms of total imports with a 12% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume from the Netherlands amounted to +2.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+10.2% per month) and Denmark (+8.1% per month).
In value terms, the Netherlands ($6.4M) constituted the largest supplier of smoked salmon to the United States, comprising 41% of total imports. The second position in the ranking was taken by Poland ($2.8M), with an 18% share of total imports. It was followed by Denmark, with a 13% share.
From June 2022 to June 2023, the average monthly growth rate of value from the Netherlands stood at +4.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+10.7% per month) and Denmark (+8.1% per month).
Import Prices by Country
In June 2023, the smoked salmon price stood at $24,180 per ton (CIF, US), growing by 2.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 11% month-to-month. The import price peaked at $24,967 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($28,577 per ton) and Denmark ($27,463 per ton), while the price for the UK ($19,165 per ton) and Norway ($20,626 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the smoked salmon market in the U.S.. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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