The market is dominated by foreign suppliers, as imports account for 75.5% of total market size in 2022. Households drive market demand, with household spending representing 84.7% of total demand in 2022. Canada has the 10th largest market size for fish and fish products across the top 20 developed countries, with demand reaching USD5.1 billion in 2022. FP Resources LLC is the largest company in Canada, generating 23.3% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 77.5% of total production value in 2022. The total number of companies increases in 2022, to 813 units. The costs of the industry decrease by 16.9% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 3.2% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 74.2% of total production output. With production value of USD3.8 billion, Canada accounts for 28.0% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Fish and Fish Products in Canada: ISIC 1512. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fish and Fish Products in Canada: ISIC 1512 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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