Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (FOB) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (CIF) - 2023
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (FOB) - 2023
The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $11,250 per ton in October 2023, rising by 2.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 12% month-to-month. As a result, the export price attained the peak level of $12,262 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +0.2% per month.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (CIF) - 2023
In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $14,760 per ton, which is down by -4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 13% m-o-m. As a result, import price attained the peak level of $16,461 per ton. From August 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($18,543 per ton), while the price for Sri Lanka ($8,020 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada
In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s exported from Canada was estimated at 4.2K tons, surging by 6% compared with 2021 figures. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $45M in 2022. The total export value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.5 | 32.6 | 38.9 | 44.7 | 8.0% |
| Others | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Total | 35.7 | 32.6 | 39.0 | 44.8 | 7.9% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Canada in 2022:
- United States (4.1K tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada
Imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Canada dropped to 368 tons in 2022, reducing by -11.8% against the previous year. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 23%.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s rose sharply to $5.5M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 2,255 | 1,114 | 2,096 | 2,732 | 6.6% |
| United States | 1,634 | 833 | 1,504 | 1,121 | -11.8% |
| Greece | 107 | 45.6 | 123 | 322 | 44.4% |
| Philippines | 14.2 | 1.4 | 102 | 241 | 157.0% |
| Vietnam | 126 | 0.6 | N/A | 230 | 22.2% |
| Japan | 553 | 136 | 102 | 163 | -33.4% |
| Turkey | 14.2 | 156 | 184 | 160 | 124.2% |
| Peru | 84.4 | 103 | 283 | 138 | 17.8% |
| Sri Lanka | 3.2 | 1.4 | 3.4 | 82.7 | 195.7% |
| Ecuador | 448 | 336 | 158 | 26.6 | -61.0% |
| Others | 313 | 739 | 498 | 293 | -2.2% |
| Total | 5,552 | 3,466 | 5,053 | 5,510 | -0.3% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Canada in 2022:
- Iceland (166.2 tons)
- United States (91.4 tons)
- Vietnam (18.0 tons)
- Greece (17.5 tons)
- Peru (13.4 tons)
- Philippines (10.7 tons)
- Turkey (10.2 tons)
- Sri Lanka (9.8 tons)
- Japan (9.2 tons)
- Ecuador (2.5 tons)
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