U.S.: Market for Fresh Or Chilled Salmonoids Meat 2025

Market Size for Fresh Or Chilled Salmonoids Meat in the U.S.

In 2022, the U.S. market for fresh or chilled salmonoids meat increased by 135% to $X, rising for the fifth year in a row after two years of decline. In general, consumption, however, recorded a abrupt downturn. Fresh or chilled salmonoids meat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Meat

Exports from the U.S.

In 2022, the amount of fresh or chilled salmonoids meat exported from the United States soared to X tons, picking up by 142% against 2021. Over the period under review, exports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2019 with an increase of 481%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids meat exports surged to $X in 2022. In general, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2019 when exports increased by 469% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Palau (X tons) and Mexico (X tons) were the main destinations of fresh or chilled salmonoids meat exports from the United States, together accounting for 93% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palau (with a CAGR of +95.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fresh or chilled salmonoids meat exported from the United States were Canada ($X), Palau ($X) and Mexico ($X), with a combined 92% share of total exports.

Among the main countries of destination, Palau, with a CAGR of +77.2%, saw the highest growth rate of 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 export price for fresh or chilled salmonoids meat stood at $X per ton in 2022, dropping by -2.9% against the previous year. Over the period under review, the export price showed a mild reduction. The pace of growth was the most pronounced in 2020 an increase of 27%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Grenada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Fresh Or Chilled Salmonoids Meat

Imports into the U.S.

In 2022, supplies from abroad of fresh or chilled salmonoids meat increased by 124% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports, however, faced a abrupt descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids meat imports surged to $X in 2022. In general, imports, however, recorded a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Norway (X tons) constituted the largest fresh or chilled salmonoids meat supplier to the United States, accounting for a 57% share of total imports. Moreover, fresh or chilled salmonoids meat imports from Norway exceeded the figures recorded by the second-largest supplier, Iceland (X tons), twofold. Chile (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Norway amounted to +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (+0.6% per year) and Chile (-29.0% per year).

In value terms, Norway ($X), Iceland ($X) and Chile ($X) appeared to be the largest fresh or chilled salmonoids meat suppliers to the United States, together comprising 95% of total imports.

Norway, with a CAGR of +14.2%, recorded the highest rates of growth with regard to 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 import price for fresh or chilled salmonoids meat stood at $X per ton in 2022, surging by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2017 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Faroe Islands (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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