North American Smoked Fish Market Shows Recovery in 2024
The North American market for smoked fish, excluding salmon and herring, showed signs of recovery in 2024. However, the exact country with the largest share of exports to this region remains unclear due to insufficient data.
In 2024, the market reached $X, with imports increasing by X% to X tons. This marks the fourth consecutive year of growth following a decline from 2010 to 2016. Production stood at $X in 2024, growing at an average annual rate of X% since 2012. Exports also rose by X% to X tons in 2024, the third year of growth after a previous decline.
Canada emerged as the major exporter in 2024, shipping X tons of smoked fish. The United States was the largest supplier in terms of value. Both countries, along with Canada, were the main importers. The market value grew at an average annual rate of X% from 2012 to 2024.
Despite the market's recovery in 2024, it has not yet regained its peak level of $X in 2018. Production and exports have shown improvement but remain below their 2018 peaks. Further growth is anticipated as the market continues to recover.