Canada - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in Canada - 2023
Contents:
- Preserved Mackerel Price in Canada (CIF) - 2023
- Preserved Mackerel Price in Canada (FOB) - 2022
- Preserved Mackerel Imports in Canada
- Preserved Mackerel Exports in Canada
Preserved Mackerel Price in Canada (CIF) - 2023
In June 2023, the average preserved mackerel import price amounted to $4,475 per ton, waning by -3.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 86% against the previous month. As a result, import price reached the peak level of $7,479 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($23,166 per ton), while the price for Chile ($3,061 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 China (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Mackerel Price in Canada (FOB) - 2022
In 2022, the average preserved mackerel export price amounted to $1,679 per ton, with a decrease of -6.5% against the previous year. In general, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2015 an increase of 19% against the previous year. As a result, the export price attained the peak level of $2,305 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($2,066 per ton) and Antigua and Barbuda ($1,687 per ton), while the average price for exports to Grenada ($1,646 per ton) and Montserrat ($1,646 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.2%), while the prices for the other major destinations experienced a decline.
Preserved Mackerel Imports in Canada
In 2022, approx. 1.4K tons of mackerel (prepared or preserved) were imported into Canada; surging by 1.8% on the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved mackerel imports soared to $6.6M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Preserved Mackerel in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 506 | 983 | 1,473 | 2,092 | 60.5% |
| Japan | 953 | 857 | 776 | 1,005 | 1.8% |
| Chile | 865 | 1,367 | 971 | 987 | 4.5% |
| China | 604 | 845 | 558 | 764 | 8.1% |
| Portugal | 364 | 305 | 373 | 385 | 1.9% |
| Vietnam | 224 | 310 | 354 | 268 | 6.2% |
| Taiwan (Chinese) | 179 | 182 | 99.9 | 156 | -4.5% |
| Thailand | 109 | 81.9 | 86.4 | 115 | 1.8% |
| Others | 928 | 1,297 | 855 | 870 | -2.1% |
| Total | 4,733 | 6,228 | 5,547 | 6,642 | 12.0% |
Top Suppliers of Preserved Mackerel to Canada in 2022:
- Chile (383.9 tons)
- China (278.6 tons)
- Poland (218.9 tons)
- Vietnam (125.2 tons)
- Japan (123.7 tons)
- Portugal (45.0 tons)
- Taiwan (Chinese) (39.1 tons)
- Thailand (28.2 tons)
Preserved Mackerel Exports in Canada
After three years of growth, shipments abroad of mackerel (prepared or preserved) decreased by -13.9% to 86 tons in 2022. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of 100 tons, and then contracted in the following year.
In value terms, preserved mackerel exports shrank significantly to $144K in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $179K, and then dropped sharply in the following year.
| Export of Preserved Mackerel in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 14.5 | 40.0 | 175.9% |
| Antigua and Barbuda | 30.4 | 55.2 | 53.1 | 37.9 | 7.6% |
| Saint Vincent and the Grenadines | 18.7 | 13.6 | 17.5 | 24.4 | 9.3% |
| Trinidad and Tobago | 14.8 | 31.1 | 18.1 | 16.6 | 3.9% |
| Grenada | 16.9 | 17.9 | 13.4 | 12.5 | -9.6% |
| Montserrat | 4.8 | 6.6 | 5.5 | 5.0 | 1.4% |
| United States | N/A | N/A | 37.5 | 4.3 | -88.5% |
| China | 29.0 | N/A | N/A | N/A | 0% |
| Saint Lucia | 5.4 | 7.2 | 16.1 | N/A | 72.7% |
| Others | 2.1 | 5.4 | 3.2 | 3.2 | 15.1% |
| Total | 122 | 137 | 179 | 144 | 5.7% |
Top Export Markets for Preserved Mackerel from Canada in 2022:
- Hong Kong SAR (24.0 tons)
- Antigua and Barbuda (22.5 tons)
- Saint Vincent and the Grenadines (14.8 tons)
- Trinidad and Tobago (9.9 tons)
- Grenada (7.6 tons)
- Montserrat (3.0 tons)
- United States (2.1 tons)
This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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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