Canada - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMolluscs Price in Canada - 2023
Contents:
- Molluscs Price in Canada (CIF) - 2022
- Molluscs Price in Canada (FOB) - 2023
- Molluscs Imports in Canada
- Molluscs Exports in Canada
Molluscs Price in Canada (CIF) - 2022
The average molluscs import price stood at $8,672 per ton in 2022, surging by 1.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. As a result, import price reached the peak level of $10,589 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($31,137 per ton), while the price for Argentina ($5,630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Molluscs Price in Canada (FOB) - 2023
The average molluscs export price stood at $13,633 per ton in September 2023, shrinking by -13% against the previous month. In general, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in November 2022 an increase of 38% against the previous month. Over the period under review, the average export prices reached the peak figure at $21,172 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($24,266 per ton), while the average price for exports to Japan ($4,277 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Imports in Canada
In 2022, approx. 22K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were imported into Canada; rising by 24% against 2021. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, molluscs imports surged to $187M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molluscs in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.3 | 38.3 | 50.0 | 76.8 | 10.9% |
| Thailand | 13.6 | 9.8 | 10.4 | 24.8 | 22.2% |
| United States | 33.2 | 29.2 | 28.3 | 20.4 | -15.0% |
| Morocco | 5.9 | 3.7 | 5.8 | 9.5 | 17.2% |
| Taiwan (Chinese) | 7.4 | 3.8 | 6.4 | 8.4 | 4.3% |
| New Zealand | 8.3 | 8.0 | 5.6 | 7.6 | -2.9% |
| Peru | 2.9 | 8.8 | 16.5 | 6.7 | 32.2% |
| India | 3.7 | 2.9 | 4.3 | 6.1 | 18.1% |
| Spain | 2.2 | 1.1 | 3.4 | 5.5 | 35.7% |
| Vietnam | 1.4 | 1.9 | 2.4 | 4.8 | 50.8% |
| Others | 19.0 | 16.3 | 15.6 | 16.7 | -4.2% |
| Total | 154 | 124 | 149 | 187 | 6.7% |
Top Suppliers of Molluscs to Canada in 2022:
- China (10.3K tons)
- Thailand (2.5K tons)
- United States (1.6K tons)
- Taiwan (Chinese) (1.2K tons)
- New Zealand (1.2K tons)
- India (0.9K tons)
- Vietnam (0.8K tons)
- Morocco (0.7K tons)
- Peru (0.5K tons)
- Spain (0.5K tons)
Molluscs Exports in Canada
In 2022, approx. 9.1K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were exported from Canada; reducing by -9.9% on the year before. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of 10K tons, and then declined in the following year.
In value terms, molluscs exports expanded markedly to $118M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Molluscs in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.1 | 37.3 | 38.9 | 34.4 | 0.3% |
| France | 27.9 | 25.8 | 25.7 | 33.5 | 6.3% |
| Netherlands | 6.4 | 5.1 | 11.9 | 9.9 | 15.7% |
| Belgium | 3.1 | 6.9 | 2.1 | 8.2 | 38.3% |
| China | 5.5 | 3.4 | 7.1 | 5.3 | -1.2% |
| Japan | 3.3 | 2.1 | 6.6 | 4.0 | 6.6% |
| Hong Kong SAR | 6.4 | 3.2 | 3.6 | 3.7 | -16.7% |
| Spain | 2.0 | 1.1 | 1.6 | 3.4 | 19.3% |
| United Kingdom | 4.7 | 2.2 | 2.8 | 3.1 | -13.0% |
| South Korea | 0.8 | 1.6 | 2.1 | 1.9 | 33.4% |
| Norway | 2.4 | 0.6 | 1.5 | 1.7 | -10.9% |
| Iceland | N/A | 0.2 | 0.3 | 0.8 | 100.0% |
| Others | 6.9 | 5.4 | 3.8 | 8.1 | 5.5% |
| Total | 104 | 94.9 | 108 | 118 | 4.3% |
Top Export Markets for Molluscs from Canada in 2022:
- United States (1901.7 tons)
- France (1462.9 tons)
- Japan (1435.4 tons)
- South Korea (949.5 tons)
- China (691.9 tons)
- Netherlands (465.2 tons)
- Belgium (368.5 tons)
- Spain (335.6 tons)
- Hong Kong SAR (262.6 tons)
- Iceland (204.4 tons)
- United Kingdom (182.9 tons)
- Norway (173.9 tons)
This report provides an in-depth analysis of the molluscs 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 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
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
-
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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