Northern America: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Northern America

The North American market for dried cod, whether or not salted rose markedly to $X in 2019, increasing by X% against the previous year. The total consumption indicated a temperate increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Production of Dried Cod, Whether Or Not Salted in Northern America

In value terms, production of dried cod, whether or not salted totaled $X in 2019 estimated in export prices. Overall, production saw a pronounced slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of production peaked at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

Production By Country in Northern America

Canada (X tons) remains the largest dried cod, whether or not salted producing country in Northern America, comprising approx. X% of total volume.

In Canada, production of dried cod, whether or not salted contracted by an average annual rate of -X% over the period from 2007-2019.

Exports of Dried Cod, Whether Or Not Salted

Exports in Northern America

In 2019, exports of dried cod, whether or not salted in Northern America shrank to X tons, falling by -X% compared with the previous year's figure. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The volume of export peaked at X tons in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, exports of dried cod, whether or not salted expanded to $X in 2019. Over the period under review, exports saw a pronounced decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Canada prevails in exports of dried cod, whether or not salted structure, reaching X tons, which was near X% of total exports in 2019. It was distantly followed by the U.S. (X tons), making up a X% share of total exports. Greenland (X tons) followed a long way behind the leaders.

Exports from Canada decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Greenland (+X%) displayed positive paces of growth. Moreover, Greenland emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2019. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Canada and Greenland increased by +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, Canada ($X) remains the largest dried cod, whether or not salted supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in Canada stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Greenland (+X% per year).

Export Prices by Country

The export price for dried cod, whether or not salted in Northern America stood at $X per ton in 2019, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, export prices attained the peak figure in 2019 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Canada ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Greenland, while the other leaders experienced mixed trends in the export price figures.

Imports of Dried Cod, Whether Or Not Salted

Imports in Northern America

Imports of dried cod, whether or not salted totaled X tons in 2019, approximately equating 2018 figures. Total imports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2019, the growth of imports failed to regain the momentum.

In value terms, imports of dried cod, whether or not salted totaled $X in 2019. Total imports indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Canada (X tons) was the major importer of dried cod, whether or not salted, generating X% of total imports. It was distantly followed by the U.S. (X tons), creating a X% share of total imports.

From 2007 to 2019, the biggest increases were in Canada.

In value terms, the U.S. ($X) constitutes the largest market for imported dried cod, whether or not salted in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value in the U.S. stood at +X%.

Import Prices by Country

The import price for dried cod, whether or not salted in Northern America stood at $X per ton in 2019, increasing by X% against the previous year. In general, the import price, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2008 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :