Report Update: Dec 1, 2023

U.S. - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights

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Smoked Salmon Price in the United States - 2023

Name: Smoked Salmon Price in the United States - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Smoked Salmon Price the United States, IndexBox, market research, global market, publisher

Smoked Salmon Price in the United States (CIF) - 2023

In June 2023, the average smoked salmon import price amounted to $24,180 per ton, rising by 2.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 11% against the previous month. The import price peaked at $24,967 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($28,577 per ton) and Denmark ($27,463 per ton), while the price for the UK ($19,165 per ton) and Norway ($20,626 per ton) were amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Smoked Salmon Price in the United States (FOB) - 2023

The average smoked salmon export price stood at $15,327 per ton in June 2023, reducing by -33.7% against the previous month. Overall, the export price saw a pronounced slump. The most prominent rate of growth was recorded in August 2022 an increase of 30% m-o-m. As a result, the export price attained the peak level of $31,066 per ton. From September 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Taiwan (Chinese) ($33,752 per ton), while the average price for exports to Colombia ($8,818 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Smoked Salmon Imports in the United States

In 2022, the amount of smoked pacific, atlantic and danube salmon imported into the United States rose significantly to 10K tons, picking up by 11% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +61.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, smoked salmon imports surged to $223M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +68.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Smoked Salmon in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	49.3	71.4	75.6	65.6	10.0%
Chile	24.4	35.6	37.7	46.8	24.2%
Greece	9.9	7.2	8.8	29.3	43.6%
Poland	9.1	11.8	20.5	28.7	46.6%
Denmark	1.2	2.2	6.4	17.0	142.0%
Germany	12.4	15.9	18.7	17.0	11.1%
Norway	14.4	3.4	4.6	7.4	-19.9%
United Kingdom	6.8	5.2	5.9	4.7	-11.6%
Others	4.6	4.8	6.9	6.6	12.8%
Total	132	158	185	223	19.1%

Top Suppliers of Smoked Salmon to the United States in 2022:

Netherlands (3.3K tons)
Chile (2.0K tons)
Greece (1.5K tons)
Poland (1.2K tons)
Denmark (0.7K tons)
Germany (0.7K tons)
Norway (0.4K tons)
United Kingdom (0.2K tons)

Smoked Salmon Exports in the United States

In 2022, the amount of smoked pacific, atlantic and danube salmon exported from the United States skyrocketed to 578 tons, jumping by 112% compared with the year before. In general, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, smoked salmon exports surged to $13M in 2022. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Smoked Salmon in the United States (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	1,118	477	764	4,236	55.9%
Dominican Republic	1,587	741	849	2,835	21.3%
Bahamas	889	671	861	1,449	17.7%
Taiwan (Chinese)	655	568	803	840	8.6%
Colombia	N/A	N/A	2.6	720	27592.3%
Jamaica	20.4	10.0	129	479	186.4%
Germany	166	108	70.7	348	28.0%
Canada	226	272	411	333	13.8%
Japan	250	351	407	316	8.1%
Guatemala	125	210	331	231	22.7%
Mexico	2.7	N/A	21.3	162	291.5%
Australia	585	N/A	N/A	20.3	-67.4%
Italy	361	75.5	14.9	N/A	-79.7%
Others	2,092	696	757	1,031	-21.0%
Total	8,075	4,179	5,422	13,001	17.2%

Top Export Markets for Smoked Salmon from the United States in 2022:

Dominican Republic (165.9 tons)
Switzerland (134.6 tons)
Bahamas (79.8 tons)
Jamaica (29.0 tons)
Colombia (27.2 tons)
Taiwan (Chinese) (25.7 tons)
Canada (18.1 tons)
Germany (15.0 tons)
Japan (13.6 tons)
Guatemala (10.5 tons)
Mexico (9.2 tons)
Australia (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the smoked salmon market in the U.S.. 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 10202420 -

• Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)

Country coverage:

• United States

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the U.S.

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022