Canada - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Fish Fillets and Other Fish Meat in Canada - 2023
Contents:
- Price for Fish Fillets and Other Fish Meat in Canada (CIF) - 2023
- Price for Fish Fillets and Other Fish Meat in Canada (FOB) - 2023
- Imports of Fish Fillets and Other Fish Meat in Canada
- Exports of Fish Fillets and Other Fish Meat in Canada
Price for Fish Fillets and Other Fish Meat in Canada (CIF) - 2023
The average import price for fish fillets and other fish meat stood at $9,002 per ton in October 2023, rising by 9.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $10,275 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($15,295 per ton), while the price for Vietnam ($3,837 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Norway (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets and Other Fish Meat in Canada (FOB) - 2023
In October 2023, the average export price for fish fillets and other fish meat amounted to $10,359 per ton, falling by -4.5% against the previous month. In general, the export price showed a mild reduction. The growth pace was the most rapid in April 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices hit record highs at $12,936 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United States ($12,941 per ton), while the average price for exports to Poland ($1,450 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets and Other Fish Meat in Canada
Imports of fish fillets and other fish meat into Canada amounted to 112K tons in 2022, growing by 3% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of fish fillets and other fish meat soared to $957M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets and Other Fish Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 212 | 177 | 172 | 232 | 3.1% |
| Chile | 117 | 146 | 167 | 198 | 19.2% |
| United States | 135 | 133 | 180 | 141 | 1.5% |
| Norway | 41.7 | 44.3 | 72.3 | 99.0 | 33.4% |
| Vietnam | 50.1 | 41.7 | 51.2 | 96.0 | 24.2% |
| Indonesia | 10.2 | 19.4 | 18.3 | 43.4 | 62.0% |
| Iceland | 23.7 | 13.7 | 26.9 | 28.2 | 6.0% |
| Others | 92.6 | 77.8 | 98.9 | 120 | 9.0% |
| Total | 682 | 653 | 787 | 957 | 12.0% |
Top Suppliers of Fish Fillets and Other Fish Meat to Canada in 2022:
- China (35.3K tons)
- Vietnam (17.0K tons)
- Chile (13.9K tons)
- United States (13.4K tons)
- Norway (11.5K tons)
- Indonesia (5.8K tons)
- Iceland (2.5K tons)
Exports of Fish Fillets and Other Fish Meat in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of fish fillets and other fish meat, when their volume decreased by -23.1% to 31K tons. Over the period under review, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 7.5%. As a result, the exports reached the peak of 40K tons, and then dropped markedly in the following year.
In value terms, exports of fish fillets and other fish meat declined modestly to $358M in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $371M, and then reduced modestly in the following year.
| Export of Fish Fillets and Other Fish Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 280 | 269 | 344 | 332 | 5.8% |
| France | 3.8 | 3.2 | 3.9 | 7.4 | 24.9% |
| China | 17.2 | 15.3 | 6.6 | 7.0 | -25.9% |
| United Kingdom | 5.0 | 5.7 | 6.2 | 5.0 | 0.0% |
| Lithuania | N/A | N/A | N/A | 1.5 | 0% |
| Japan | 5.0 | 10.8 | 0.5 | 1.0 | -41.5% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Germany | 1.8 | 2.2 | 1.2 | 0.6 | -30.7% |
| Others | 8.7 | 9.3 | 9.1 | 3.4 | -26.9% |
| Total | 321 | 316 | 371 | 358 | 3.7% |
Top Export Markets for Fish Fillets and Other Fish Meat from Canada in 2022:
- United States (24.5K tons)
- France (1.6K tons)
- China (1.2K tons)
- United Kingdom (1.0K tons)
- Lithuania (0.8K tons)
- Indonesia (0.5K tons)
- Germany (0.3K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
122
This report provides an in-depth analysis of the market for fish fillets and other fish meat in Canada.
261
This report provides an in-depth analysis of the frozen catfish fillets market in Canada.
196
This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat in Canada.
338
This report provides an in-depth analysis of the frozen fish meat market in Canada.
319
This report provides an in-depth analysis of the frozen fish fillet market in Canada.
437
This report provides an in-depth analysis of the fresh fish fillet market in Canada.
180
This report provides an in-depth analysis of the global market for fish fillets and other fish meat.
342
This report provides an in-depth analysis of the global frozen catfish fillets market.
232
This report provides an in-depth analysis of the global market for fresh or chilled salmonoids meat.
502
Global Frozen Fish Meat Market Report 2018. This report provides an in-depth analysis of the global frozen fish meat market.
262
Explore the top import markets for fresh fish fillet and their key statistics. Learn about the countries with the highest import values for fresh fish fillet, such as the United States, France, and Sweden. Find market insights and opportunities on the IndexBox platform.
1260
In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
961
In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
81
Explore the top import markets for frozen fish meat and discover key statistics on countries leading the global trade. Find out which nations have the highest import values and demand for frozen fish meat.
497
Explore the top import markets for frozen fish fillet and their key statistics. Find out the import values and opportunities in countries like the United States, Japan, Germany, and more.
262
Explore the top import markets for fresh fish fillet and their key statistics. Learn about the countries with the highest import values for fresh fish fillet, such as the United States, France, and Sweden. Find market insights and opportunities on the IndexBox platform.
1260
In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
961
In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
