Canada - Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights

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Freshwater Fish Price in Canada - 2023

Contents:

  1. Freshwater Fish Price in Canada (FOB) - 2022
  2. Freshwater Fish Price in Canada (CIF) - 2023
  3. Freshwater Fish Exports in Canada
  4. Freshwater Fish Imports in Canada

Freshwater Fish Price in Canada (FOB) - 2022

In 2022, the average freshwater fish export price amounted to $125,942 per ton, which is down by -15.9% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2015 an increase of 74%. Over the period under review, the average export prices attained the maximum at $149,708 per ton in 2021, and then declined dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($526,151 per ton), while the average price for exports to the United States ($6,122 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 Hong Kong SAR (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Freshwater Fish Price in Canada (CIF) - 2023

In June 2023, the average freshwater fish import price amounted to $10,086 per ton, declining by -2.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 169% against the previous month. As a result, import price attained the peak level of $47,191 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($9,606 per ton), while the price for Bangladesh amounted to $9,257 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%).

Freshwater Fish Exports in Canada

After two years of decline, shipments abroad of freshwater fish increased by 39% to 508 tons in 2022. Overall, exports, however, recorded a dramatic decline.

In value terms, freshwater fish exports soared to $64M in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.

Export of Freshwater Fish in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR10336.451.559.3-16.8%
China6.1N/A0.12.3-27.8%
United States0.70.81.41.528.9%
Belgium5.93.80.60.6-53.3%
Vietnam5.02.9N/A0.2-65.8%
Others3.00.11.20.1-67.8%
Total12443.954.764.0-19.8%

Top Export Markets for Freshwater Fish from Canada in 2022:

  1. United States (246.2 tons)
  2. Hong Kong SAR (112.6 tons)
  3. China (94.3 tons)
  4. Belgium (39.5 tons)
  5. Vietnam (11.1 tons)

Freshwater Fish Imports in Canada

In 2022, approx. 2.6K tons of freshwater fish were imported into Canada; picking up by 6.7% compared with the previous year's figure. Over the period under review, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9% against the previous year.

In value terms, freshwater fish imports expanded markedly to $41M in 2022. In general, imports, however, continue to indicate a dramatic shrinkage.

Import of Freshwater Fish in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.412.813.723.417.6%
Haiti55.814.610.07.1-49.7%
Cuba9.23.19.26.4-11.4%
Dominican Republic14.08.43.12.5-43.7%
Others3.51.71.51.9-18.4%
Total96.940.737.541.2-24.8%

Top Suppliers of Freshwater Fish to Canada in 2022:

  1. United States (1869.1 tons)
  2. Cuba (299.3 tons)
  3. Haiti (270.3 tons)
  4. Dominican Republic (114.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the freshwater fish market 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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