Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada (CIF) - 2022

The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $8,998 per ton in 2022, dropping by -1.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 80%. The import price peaked at $10,046 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($12,986 per ton), while the price for Vietnam totaled $8,875 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada

For the fourth year in a row, Canada recorded growth in overseas purchases of fish fillets; frozen, swordfish (xiphias gladius)s, which increased by 261% to 40 tons in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 300% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s skyrocketed to $356K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 404%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam4.731.576.5340316.7%
Spain0.30.90.214.0260.0%
Ecuador0.73.12.81.939.5%
Germany1.56.86.7N/A111.3%
Others2.98.414.21.0-29.9%
Total10.150.7100356227.9%

Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Canada in 2022:

  1. Vietnam (38.3 tons)
  2. Spain (1.1 tons)
  3. Ecuador (0.2 tons)

Source: IndexBox Market Intelligence Platform

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