What is the price of hake per kilogram/pound in Canada today?
The retail price range for Canada hake is between US$ 2.90 and US$ 8.71 per kilogram or between US$ 1.32 and US$ 3.95 per pound(lb). Click here to see today's exact prices of hake in Canada
The retail price range in Canadian Dollar for hake is between CAD 3.92 and CAD 11.76 per kilogram or between CAD 1.78 and CAD 5.33 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada hake is between US$ 2.03 and US$ 6.10 per kilogram or between US$ 0.92 and US$ 2.77 per pound(lb).
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Canada Hake Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hake from Canada has seen a steady increase over the last five years. In 2017, the price was 1.24 US$ per kg, and in 2021 it was 1.47 US$ per kg. This represents an increase of 18.5%. The highest price was in 2021, at 1.47 US$ per kg, and the lowest was in 2015, at 1.18 US$ per kg. Based on the current trend, it is predicted that the export price per kilogram of Hake from Canada will be 1.81 US$ per kg in 2023 and 2.05 US$ per kg in 2024.Canada Hake Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hake into Canada over the last five years has been relatively stable. In 2016, the price was $1.23, followed by $1.24 in 2017, $1.32 in 2018, $1.44 in 2019, and $1.30 in 2020. The price has seen a slight increase in 2021, with the price reaching $1.47. This trend is expected to continue in 2022, with the price reaching $1.67. Based on this trend, it is predicted that the import price per kilogram of Hake into Canada will be $1.81 in 2023 and $1.97 in 2024.Export values for Canada hake
The total values in export for hake in Canada were US$ 53,070, US$ 55,837, US$ 80,027 and US$ 77,900 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Canada: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of hake in other countries across North America: Canada hake, US hake, Anguilla hake, Antigua and Barbuda hake, Bermuda hake, Bonaire, Sint Eustatius and Saba hake, St.Pierre and Miquelon hake, United States Minor Outlying Islands hake, Cayman Islands hake & Greenland hake.
Canada hake - Production, Exports, Imports, Seasons and HS Codes
The volume of hake exported by Canada in 2020 was 56,218 tons. In 2019 Canada shipped 54,346 tonnes of hake. For 2019 alone, the market for Canada hake (fish category) has gone down, recording a change of -9.423 per cent compared to the year 2018. Between 2017 and 2019, hake's exports grew by 21.33% bringing the nation US$77.90m for the year 2019. Canada's hake exports are classified as:
- Frozen hake (Merluccius spp., Urophycis spp.) (HS code 030378)
- Frozen fillets of hake "Merluccius spp., Urophycis spp." (HS code 030474)
- Frozen hake "Merluccius spp., Urophycis spp." (HS code 030366)
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Canada hake export values
In 2019, Canada supplied hake costing 77.90m USD, a reduction of -2.66% from 2018's total hake export of 80.027m USD. The yearly change in value of Canada hake between 2017 to 2018 was 43.323 per cent.
The annual variation in the quantity of Canada's hake exports between 2017 and 2019 was 21.33% compared to a variation of -9.423% in the period between 2018 and 2019.
Canada's stake of the world's total hake's exports in 2019 was 2.9 pc. The country is ranked position 5 in world exports of hake.
Export markets for Canada hake ( in '000$ )
Import/Export Trends
Canada is a net exporter of hake. The annual growth of Canada hake in value between 2015 to 2019 was -9%, per year, while annual growth in quantity during the same period was -14%, per annum.
Canada purchased 880 tonnes of hake in 2019.