Canada - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Canada - 2023
Contents:
- Frozen Freshwater Fish Price in Canada (CIF) - 2023
- Frozen Freshwater Fish Price in Canada (FOB) - 2023
- Frozen Freshwater Fish Imports in Canada
- Frozen Freshwater Fish Exports in Canada
Frozen Freshwater Fish Price in Canada (CIF) - 2023
The average frozen freshwater fish import price stood at $4,230 per ton in June 2023, increasing by 9.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices hit record highs at $4,387 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,856 per ton), while the price for Argentina ($2,833 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Norway (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Canada (FOB) - 2023
The average frozen freshwater fish export price stood at $2,541 per ton in June 2023, declining by -40% against the previous month. Overall, the export price saw a pronounced slump. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 50% against the previous month. Over the period under review, the average export prices attained the maximum at $5,136 per ton in October 2022; however, from November 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($6,389 per ton), while the average price for exports to Finland ($548 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in Canada
For the third year in a row, Canada recorded decline in supplies from abroad of frozen freshwater fish, which decreased by -80.1% to 2.7K tons in 2022. Over the period under review, imports continue to indicate a sharp setback. The smallest decline of -1% was in 2021.
In value terms, frozen freshwater fish imports fell remarkably to $10M in 2022. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 4.9% against the previous year. As a result, imports reached the peak of $51M, and then shrank notably in the following year.
| Import of Frozen Freshwater Fish in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.3 | 18.7 | 19.9 | 3.7 | -41.3% |
| Taiwan (Chinese) | 6.8 | 6.2 | 5.2 | 1.1 | -45.5% |
| Brazil | 1.3 | 2.5 | 5.2 | 1.0 | -8.4% |
| Philippines | 3.7 | 3.2 | 2.6 | 0.6 | -45.5% |
| Vietnam | 3.5 | 3.3 | 3.1 | 0.6 | -44.4% |
| United States | 4.0 | 2.6 | 2.3 | 0.5 | -50.0% |
| Portugal | 1.9 | 1.9 | 2.2 | 0.4 | -40.5% |
| Guyana | 2.5 | 2.4 | 1.5 | 0.4 | -45.7% |
| Myanmar | 1.0 | 0.9 | 1.8 | 0.3 | -33.1% |
| Peru | 0.1 | 0.5 | 1.0 | 0.2 | 26.0% |
| Argentina | 0.3 | 0.5 | 0.6 | 0.1 | -30.7% |
| Iceland | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Others | 4.6 | 5.6 | 5.1 | 1.0 | -39.9% |
| Total | 48.5 | 48.3 | 50.7 | 10.0 | -40.9% |
Top Suppliers of Frozen Freshwater Fish to Canada in 2022:
- China (1024.4 tons)
- Taiwan (Chinese) (345.9 tons)
- Vietnam (209.1 tons)
- Myanmar (185.6 tons)
- Brazil (169.1 tons)
- Philippines (126.8 tons)
- Portugal (96.5 tons)
- Guyana (83.3 tons)
- United States (75.9 tons)
- Peru (50.1 tons)
- Argentina (42.5 tons)
- Iceland (40.5 tons)
Frozen Freshwater Fish Exports in Canada
Frozen freshwater fish exports from Canada fell to 11K tons in 2022, waning by -10.2% against the previous year's figure. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of 12K tons, and then shrank in the following year.
In value terms, frozen freshwater fish exports fell to $40M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of $43M, and then shrank in the following year.
| Export of Frozen Freshwater Fish in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.7 | 9.3 | 13.4 | 12.5 | 8.8% |
| United States | 11.7 | 9.0 | 11.3 | 10.5 | -3.5% |
| China | 7.7 | 3.2 | 2.2 | 4.0 | -19.6% |
| United Kingdom | 3.4 | 1.3 | 2.4 | 2.2 | -13.5% |
| Hong Kong SAR | 1.5 | 1.8 | 1.5 | 1.5 | 0.0% |
| South Korea | 0.7 | 1.5 | 1.5 | 1.4 | 26.0% |
| Finland | 1.3 | 1.7 | 1.2 | 1.3 | 0.0% |
| Ukraine | 0.4 | 0.4 | 0.8 | 0.8 | 26.0% |
| Israel | 0.8 | 1.0 | 0.7 | 0.8 | 0.0% |
| Poland | 0.7 | 0.5 | 0.8 | 0.7 | 0.0% |
| Vietnam | 0.1 | 0.4 | 0.6 | 0.6 | 81.7% |
| Nigeria | N/A | 0.2 | 0.5 | 0.5 | 58.1% |
| Spain | 0.5 | 0.5 | 0.4 | 0.4 | -7.2% |
| Others | 3.1 | 2.9 | 5.5 | 3.3 | 2.1% |
| Total | 41.6 | 33.8 | 43.0 | 40.5 | -0.9% |
Top Export Markets for Frozen Freshwater Fish from Canada in 2022:
- Japan (2598.9 tons)
- United States (2382.4 tons)
- China (1547.6 tons)
- Finland (621.1 tons)
- Ukraine (535.1 tons)
- South Korea (508.6 tons)
- Israel (367.1 tons)
- Vietnam (319.3 tons)
- Poland (305.1 tons)
- Nigeria (300.7 tons)
- Spain (246.0 tons)
- United Kingdom (222.7 tons)
- Hong Kong SAR (177.3 tons)
This report provides an in-depth analysis of the frozen 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:
- Prodcom 10201360 - Frozen whole fresh water fish
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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