Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada - 2023

Contents:

  1. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (FOB) - 2022
  2. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (CIF) - 2022
  3. Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada
  4. Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (FOB) - 2022

The average export price for fish; live, bluefin tunas (thunnus thynnus)s stood at $2,976 per ton in 2022, waning by -40.3% against the previous year. In general, the export price recorded a pronounced slump. The growth pace was the most rapid in 2017 an increase of 223%. Over the period under review, the average export prices reached the maximum at $16,736 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($2,981 per ton) and Spain ($2,978 per ton), while the average price for exports to the United Arab Emirates ($2,957 per ton) and the UK ($2,961 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 Germany (-1.6%), while the prices for the other major destinations experienced a decline.

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (CIF) - 2022

In 2022, the average import price for fish; live, bluefin tunas (thunnus thynnus)s amounted to $26,517 per ton, increasing by 2.8% against the previous year. Overall, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.5% per year.

Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada

In 2022, exports of fish; live, bluefin tunas (thunnus thynnus)s from Canada soared to 355 tons, rising by 245% against 2021. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; live, bluefin tunas (thunnus thynnus)s surged to $1.1M in 2022. Over the period under review, exports, however, saw a significant contraction.

Export of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.2N/A428885454.2%
United Kingdom47.0N/AN/A93.225.6%
United Arab EmiratesN/AN/AN/A46.30%
GermanyN/AN/A5.031.1522.0%
Japan2,94327715.8N/A-92.7%
OthersN/AN/A63.3N/A0%
Total2,9952775131,056-29.4%

Top Export Markets for Fish; Live, Bluefin Tunas (Thunnus Thynnus) from Canada in 2022:

  1. Spain (297.3 tons)
  2. United Kingdom (31.5 tons)
  3. United Arab Emirates (15.7 tons)
  4. Germany (10.4 tons)

Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada

Imports of fish; live, bluefin tunas (thunnus thynnus)s into Canada declined markedly to 379 kg in 2022, waning by -89.8% against the previous year's figure. In general, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 327%.

In value terms, imports of fish; live, bluefin tunas (thunnus thynnus)s dropped markedly to $10K in 2022. Overall, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 350% against the previous year.

Import of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico16012.4N/A10.1-60.2%
Japan21.16.3N/AN/A-70.1%
Sri Lanka8.70.853.4N/A147.7%
United StatesN/AN/A24.6N/A0%
Maldives7.3N/A17.8N/A56.2%
Turkey5.7N/AN/AN/A0%
OthersN/A1.8N/AN/A0%
Total20221.395.710.1-63.2%

Top Suppliers of Fish; Live, Bluefin Tunas (Thunnus Thynnus) to Canada in 2022:

  1. Mexico (379.0 kg)

Source: IndexBox Market Intelligence Platform

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