Northern America: Frozen Fish Meat Market 2020

Frozen Fish Meat Market Size in Northern America

The revenue of the frozen fish meat market in Northern America amounted to $X in 2017, dropping by -X% against the previous year. The frozen fish meat consumption continues to indicate a drastic contraction. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. In that year, the frozen fish meat market reached their peak level of $X, and then declined slightly in the following year.

Frozen Fish Meat Production in Northern America

The frozen fish meat production totaled X tons in 2017, approximately mirroring the previous year. The frozen fish meat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Over the period under review, the frozen fish meat production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Frozen Fish Meat Exports in Northern America

In 2017, the amount of frozen fish meat without bones (excluding fillets) exported in Northern America amounted to X tons, jumping by X% against the previous year. The total exports indicated a measured expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the frozen fish meat exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, frozen fish meat exports totaled $X in 2017. The total exports indicated a tangible expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen fish meat exports increased by +X% against 2012 indices. Over the period under review, the frozen fish meat exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Frozen Fish Meat Exports by Country in Northern America

The exports of the one major exporters of frozen fish meat without bones (excluding fillets), namely the U.S., represented more than two-thirds of total export.

The U.S. was also the fastest growing in terms of the frozen fish meat without bones (excluding fillets) exports, with a CAGR of +X% from 2007 to 2017. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest frozen fish meat supplier in Northern America.

In the U.S., frozen fish meat exports increased at an average annual rate of +X% over the period from 2007-2017.

Frozen Fish Meat Export Prices by Country in Northern America

In 2017, the frozen fish meat export price in Northern America amounted to $X per ton, coming down by -X% against the previous year. The frozen fish meat export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when the export prices increased by X% year-to-year. In that year, the export prices for frozen fish meat without bones (excluding fillets) reached their peak level of $X per ton, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

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

Frozen Fish Meat Imports in Northern America

The imports totaled X tons in 2017, going up by X% against the previous year. The frozen fish meat imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the frozen fish meat imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, frozen fish meat imports totaled $X in 2017. The frozen fish meat imports continue to indicate a strong expansion. The level of imports peaked in 2017, and are likely to see steady growth in the immediate term.

Frozen Fish Meat Imports by Country in Northern America

The U.S. represented the major importer of frozen fish meat without bones (excluding fillets) in Northern America, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), creating X% share of total imports.

The U.S. was also the fastest growing in terms of the frozen fish meat without bones (excluding fillets) imports, 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 imports, while the U.S. saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, the U.S. ($X) constitutes the largest market for imported frozen fish meat without bones (excluding fillets) in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

In the U.S., frozen fish meat imports expanded at an average annual rate of +X% over the period from 2007-2017.

Frozen Fish Meat Import Prices by Country in Northern America

The frozen fish meat import price in Northern America stood at $X per ton in 2017, reducing by -X% against the previous year. The frozen fish meat import price continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% year-to-year. In that year, the import prices for frozen fish meat without bones (excluding fillets) reached their peak level of $X per ton. From 2013 to 2017, growth of the import prices for frozen fish meat without bones (excluding fillets) stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import 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 import prices was attained by Canada (-X% per year).

Source: IndexBox Platform