Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada (CIF) - 2022
  2. Imports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada

Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, swordfish (xiphias gladius)s amounted to $17,702 per ton, remaining constant against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; fresh or chilled, swordfish (xiphias gladius)s increased by +59.8% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($19,761 per ton) and the Philippines ($19,188 per ton), while the price for Brazil ($16,264 per ton) and Ecuador ($16,544 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Seychelles (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada

In 2022, approx. 6.9 tons of fish fillets; fresh or chilled, swordfish (xiphias gladius)s were imported into Canada; with an increase of 21% compared with the year before. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, swordfish (xiphias gladius)s skyrocketed to $123K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador4.05.410.650.2132.4%
United States6.416.249.427.362.2%
Philippines5.68.220.416.242.5%
BrazilN/AN/A1.68.5431.3%
Sri Lanka18.938.610.98.3-24.0%
SeychellesN/AN/A2.57.0180.0%
Indonesia1.00.21.42.230.1%
Vietnam26.0N/AN/AN/A0%
India7.61.90.1N/A-88.5%
Others1.14.63.83.039.7%
Total70.775.110112320.3%

Top Suppliers of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) to Canada in 2022:

  1. Ecuador (3037.0 kg)
  2. United States (1382.0 kg)
  3. Philippines (845.0 kg)
  4. Brazil (522.0 kg)
  5. Sri Lanka (446.0 kg)
  6. Seychelles (400.0 kg)
  7. Indonesia (130.0 kg)

Source: IndexBox Market Intelligence Platform

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