The market is dominated by domestic suppliers, as imports account for 39.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 74.4% of total demand in 2022. Canada has the 11th largest market size for fishing across the top 20 developed countries, with demand reaching USD2.9 billion in 2022. Northern Harvest Sea Farms Ltd is the largest company in Canada, generating 12.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 33.3% of total production value in 2022. The total number of companies decreases in 2022, to 20,054 units. The costs of the industry increase by 13.1% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.0% of production value in 2022, the 13th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 54.1% of total production output. With production value of USD3.0 billion, Canada accounts for 29.0% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Fishing in Canada: ISIC 5. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fishing in Canada: ISIC 5 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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