Northern America: Frozen Fish Fillet Market 2020

Frozen Fish Fillet Market Size in Northern America

The revenue of the frozen fish fillet market in Northern America amounted to $X in 2017, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen fish fillet consumption continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the frozen fish fillet market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Exports in Northern America

In 2017, exports of frozen fish fillets in Northern America totaled X tons, coming up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, frozen fish fillet exports totaled $X in 2017. The frozen fish fillet exports continue to indicate a relatively flat trend pattern. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Frozen Fish Fillet Exports by Country in Northern America

The U.S. prevails in frozen fish fillet exports structure, resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Canada (X tons), making up X% share of total exports.

The U.S. was also the fastest growing in terms of the frozen fish fillets exports, with a CAGR of +X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. Canada (X%) significantly strengthened its position in terms of the global exports, while the U.S. saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, the U.S. ($X) remains the largest frozen fish fillet supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

In the U.S., frozen fish fillet exports remained relatively stable over the period from 2007-2017.

Frozen Fish Fillet Export Prices by Country in Northern America

In 2017, the frozen fish fillet export price in Northern America amounted to $X per ton, waning by -X% against the previous year. The frozen fish fillet export price continues to indicate a measured descent. The pace of growth was the most pronounced in 2016, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Frozen Fish Fillet Imports in Northern America

In 2017, the amount of frozen fish fillets imported in Northern America amounted to X tons, going up by X% against the previous year. The frozen fish fillet imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the frozen fish fillet imports reached its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, frozen fish fillet imports stood at $X in 2017. The frozen fish fillet imports continue to indicate a relatively flat trend pattern. Over the period under review, the frozen fish fillet imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Frozen Fish Fillet Imports by Country in Northern America

The U.S. dominates frozen fish fillet imports structure, resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), generating X% share of total imports.

The U.S. experienced a relatively flat trend pattern of frozen fish fillets imports. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer in Northern America, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Canada decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported frozen fish fillets in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in the U.S. was relatively modest.

Frozen Fish Fillet Import Prices by Country in Northern America

In 2017, the frozen fish fillet import price in Northern America amounted to $X per ton, going up by X% against the previous year. The frozen fish fillet import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. In that year, the import prices for frozen fish fillets reached their peak level of $X per ton. From 2015 to 2017, growth of the import prices for frozen fish fillets failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (-X% per year).

Source: IndexBox Platform