Canada - Smoked Fish - 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 Smoked Fish Other than Salmon and Herring in Canada - 2023
Contents:
- Price for Smoked Fish Other than Salmon and Herring in Canada (CIF) - 2022
- Price for Smoked Fish Other than Salmon and Herring in Canada (FOB) - 2023
- Imports of Smoked Fish Other than Salmon and Herring in Canada
- Exports of Smoked Fish Other than Salmon and Herring in Canada
Price for Smoked Fish Other than Salmon and Herring in Canada (CIF) - 2022
The average import price for smoked fish other than salmon and herring stood at $14,082 per ton in 2022, with a decrease of -3.4% against the previous year. In general, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32%. The import price peaked at $18,078 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($20,157 per ton), while the price for China ($4,810 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Smoked Fish Other than Salmon and Herring in Canada (FOB) - 2023
The average export price for smoked fish other than salmon and herring stood at $11,818 per ton in October 2023, surging by 119% against the previous month. In general, the export price posted a perceptible expansion. The most prominent rate of growth was recorded in February 2023 an increase of 216% m-o-m. The export price peaked at $13,089 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +4.4% per month.
Imports of Smoked Fish Other than Salmon and Herring in Canada
Imports of smoked fish other than salmon and herring into Canada skyrocketed to 2.1K tons in 2022, rising by 29% against 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of smoked fish other than salmon and herring surged to $30M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Smoked Fish Other than Salmon and Herring in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 16.4 | 11.3 | 14.3 | 15.3 | -2.3% |
| Vietnam | 1.5 | 1.6 | 2.7 | 7.7 | 72.5% |
| Denmark | 0.8 | 0.5 | 1.8 | 2.8 | 51.8% |
| Lithuania | 1.7 | 3.4 | 3.4 | 2.2 | 9.0% |
| Philippines | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Ghana | 0.3 | 0.6 | 0.4 | 0.4 | 10.1% |
| China | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Others | 1.8 | 1.1 | 1.0 | 0.8 | -23.7% |
| Total | 23.0 | 19.2 | 24.2 | 30.1 | 9.4% |
Top Suppliers of Smoked Fish Other than Salmon and Herring to Canada in 2022:
- Norway (932.0 tons)
- Vietnam (646.2 tons)
- Denmark (154.8 tons)
- Lithuania (110.9 tons)
- China (88.9 tons)
- Philippines (62.3 tons)
- Ghana (56.1 tons)
Exports of Smoked Fish Other than Salmon and Herring in Canada
In 2022, approx. 194 tons of smoked fish other than salmon and herring were exported from Canada; jumping by 56% compared with the previous year's figure. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of smoked fish other than salmon and herring surged to $996K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Smoked Fish Other than Salmon and Herring in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 555 | 791 | 652 | 991 | 21.3% |
| Others | 11.3 | N/A | 75.3 | 5.1 | -23.3% |
| Total | 566 | 791 | 728 | 996 | 20.7% |
Top Export Markets for Smoked Fish Other than Salmon and Herring from Canada in 2022:
- United States (193.2 tons)
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring 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 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
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
398
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring in Canada.
348
This report provides an in-depth analysis of the market for dried or smoked fish in Canada.
187
This report provides an in-depth analysis of the market for cod, salted or in brine in Canada.
176
This report provides an in-depth analysis of the market for herring, salted or in brine in Canada.
147
This report provides an in-depth analysis of the market for dried cod, whether or not salted in Canada.
496
This report provides an in-depth analysis of the market for dried or salted fish in Canada.
791
This report provides an in-depth analysis of the smoked salmon market in Canada.
375
This report provides an in-depth analysis of the smoked herring market in Canada.
336
This report provides an in-depth analysis of the market for fish meals and pellet in Canada.
680
This report provides an in-depth analysis of the fish parts market in Canada.
303
Import of Smoked Salmon in June 2023 decreased to $1.2M in value.
134
From December 2022 to October 2023, the growth of Smoked Herring exports failed to regain momentum. In value terms, Smoked Herring exports reached $2.8M in October 2023.
237
In February 2023, the price of smoked herring was reported to be $3,052/ton (FOB, Canada), reflecting the price from the prior month.
358
In November 2022, the smoked herring price stood at $2,962 per ton (FOB, Canada), which is down by -24% against the previous month.
303
Import of Smoked Salmon in June 2023 decreased to $1.2M in value.
134
From December 2022 to October 2023, the growth of Smoked Herring exports failed to regain momentum. In value terms, Smoked Herring exports reached $2.8M in October 2023.
237
In February 2023, the price of smoked herring was reported to be $3,052/ton (FOB, Canada), reflecting the price from the prior month.
358
In November 2022, the smoked herring price stood at $2,962 per ton (FOB, Canada), which is down by -24% against the previous month.
