U.S.: Market for Dried Or Smoked Fish 2025

Market Size for Dried Or Smoked Fish in the U.S.

The U.S. dried or smoked fish market totaled $X in 2021, growing by 2% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.4% against 2019 indices. Dried or smoked fish consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Dried Or Smoked Fish in the U.S.

In value terms, dried or smoked fish production expanded slightly to $X in 2021. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 28%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Dried Or Smoked Fish

Exports from the U.S.

In 2021, the amount of dried or smoked fish exported from the United States shrank modestly to X tons, almost unchanged from 2020 figures. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 11%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dried or smoked fish exports fell to $X in 2021. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 21% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Japan (X tons) and Estonia (X tons) were the main destinations of dried or smoked fish exports from the United States, with a combined 62% share of total exports. Bahamas, South Korea, Germany, the Dominican Republic, Latvia, Mexico, Taiwan (Chinese), Switzerland, China and Aruba lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +53.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Canada ($X) and Bahamas ($X) were the largest markets for dried or smoked fish exported from the United States worldwide, together comprising 49% of total exports. These countries were followed by Estonia, the Dominican Republic, Taiwan (Chinese), Germany, Switzerland, Latvia, South Korea, Mexico, Aruba and China, which together accounted for a further 31%.

In terms of the main countries of destination, Latvia, with a CAGR of +63.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried or smoked fish export price stood at $X per ton in 2021, shrinking by -9% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into the U.S.

In 2021, approx. X tons of dried or smoked fish were imported into the United States; shrinking by -2% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 16% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, dried or smoked fish imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 9.1%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Canada (X tons) and the Netherlands (X tons) were the main suppliers of dried or smoked fish imports to the United States, with a combined 59% share of total imports. South Korea, Chile, Norway, Poland, Germany, the Philippines, Vietnam and Indonesia lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +107.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Canada ($X) and China ($X) were the largest dried or smoked fish suppliers to the United States, together comprising 49% of total imports. Chile, Norway, Poland, Germany, South Korea, Vietnam, the Philippines and Indonesia lagged somewhat behind, together accounting for a further 34%.

Germany, with a CAGR of +119.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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