Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Canada - 2024

Contents:

1. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Canada (CIF) - 2022
2. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Canada (FOB) - 2022
3. Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Canada
4. Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Canada

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Canada (CIF) - 2022

In 2022, the average import price for fish; edible offal, fish heads, tails and mawses amounted to $33,949 per ton, reducing by -6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 75% against the previous year. As a result, import price attained the peak level of $56,798 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($61,943 per ton), while the price for Norway ($12,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Canada (FOB) - 2022

The average export price for fish; edible offal, fish heads, tails and mawses stood at $1,204 per ton in 2022, dropping by -61.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 70% against the previous year. The export price peaked at $9,202 per ton in 2018; however, from 2019 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +6.6% per year.

Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Canada

Imports of fish; edible offal, fish heads, tails and mawses into Canada declined to 156 tons in 2022, approximately equating 2021 figures. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 131% against the previous year.

In value terms, imports of fish; edible offal, fish heads, tails and mawses reduced to $5.3M in 2022. In general, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 147%. As a result, imports reached the peak of $5.7M, and then fell in the following year.

Top Suppliers of Fish; Edible Offal, Fish Heads, Tails and Maws to Canada in 2022:

1. China (64.7 tons)
2. Vietnam (19.0 tons)
3. Hong Kong SAR (18.4 tons)
4. Iceland (16.7 tons)
5. Uganda (16.4 tons)
6. Norway (16.2 tons)

Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Canada

Exports of fish; edible offal, fish heads, tails and mawses from Canada skyrocketed to 18 tons in 2022, jumping by 284% on the previous year. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, fish heads, tails and mawses surged to $21K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Fish; Edible Offal, Fish Heads, Tails and Maws from Canada in 2022:

1. United States (17.8 tons)

Source: IndexBox Market Intelligence Platform