Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada - 2023
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (CIF) - 2023
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (FOB) - 2023
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada
- Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (CIF) - 2023
The average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,487 per ton in December 2023, falling by -8.2% against the previous month. Over the period under review, import price indicated a slight increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -0.4% against September 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 66% month-to-month. The import price peaked at $9,694 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($22,376 per ton), while the price for Indonesia ($5,689 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (FOB) - 2023
The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,082 per ton in December 2023, with a decrease of -35.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 60% m-o-m. Over the period under review, the average export prices hit record highs at $11,460 per ton in October 2023; however, from November 2023 to December 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 ($6,545 per ton), while the average price for exports to Hong Kong SAR amounted to $3,927 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada
Imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s into Canada contracted to 4.9K tons in 2022, reducing by -5.2% compared with the year before. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 5.2K tons, and then reduced in the following year.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s expanded rapidly to $33M in 2022. Overall, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.
| Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.2 | 23.4 | 21.7 | 20.1 | -13.6% |
| United States | 3.5 | 3.1 | 4.2 | 3.9 | 3.7% |
| Indonesia | N/A | N/A | 0.4 | 3.0 | 650.0% |
| Vietnam | 0.1 | N/A | 0.7 | 2.7 | 200.0% |
| Mexico | N/A | N/A | 0.4 | 1.3 | 225.0% |
| Spain | 0.2 | N/A | 1.5 | 1.3 | 86.6% |
| Others | 0.7 | 0.5 | 1.2 | 0.5 | -10.6% |
| Total | 35.7 | 27.0 | 30.0 | 32.8 | -2.8% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Canada in 2022:
- China (3139.8 tons)
- Indonesia (672.5 tons)
- Vietnam (389.5 tons)
- United States (279.6 tons)
- Mexico (169.3 tons)
- Spain (158.0 tons)
Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada
In 2022, shipments abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -1.7% to 2.4K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 6.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s rose significantly to $12M in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 41%. As a result, the exports reached the peak of $28M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.2 | 12.0 | 5.8 | 6.2 | -15.3% |
| United States | 5.2 | 4.3 | 5.0 | 4.3 | -6.1% |
| Taiwan (Chinese) | 0.3 | 0.4 | N/A | 0.8 | 38.7% |
| Indonesia | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
| Hong Kong SAR | 0.4 | 0.7 | 0.1 | 0.2 | -20.6% |
| Japan | 3.1 | 10.4 | 0.2 | N/A | -74.6% |
| Spain | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 20.1 | 28.2 | 11.4 | 12.4 | -14.9% |
Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Canada in 2022:
- China (1139.8 tons)
- United States (604.9 tons)
- Indonesia (476.5 tons)
- Taiwan (Chinese) (113.3 tons)
- Hong Kong SAR (37.6 tons)
- Spain (22.5 tons)
- Japan (2.6 tons)
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