What is the price of halibut fish per kilogram/pound in Canada today?
The retail price range for Canada halibut fish is between US$ 12.45 and US$ 57.63 per kilogram or between US$ 5.65 and US$ 26.14 per pound(lb). Click here to see today's exact prices of halibut fish in Canada
The retail price range in Canadian Dollar for halibut fish is between CAD 16.81 and CAD 77.80 per kilogram or between CAD 7.62 and CAD 35.28 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada halibut fish is between US$ 8.72 and US$ 40.34 per kilogram or between US$ 3.95 and US$ 18.30 per pound(lb).
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Canada Halibut Fish Export Prices - Historical, Trends and Prediction
The export price per kilogram of Halibut Fish from Canada over the last five years has been 17 US $ in 2018, 17 US $ in 2019, 15 US $ in 2020, and 16 US $ in 2021. The highest price was recorded in 2022, at 19 US $ per kilogram. Based on the current trend, it is predicted that the export price of Halibut Fish from Canada will be around 11.45 US $ per kilogram in 2023 and 11.71 US $ per kilogram in 2024.
Canada Halibut Fish Import Prices - Historical, Trends and Prediction
The import price per kilogram of Halibut Fish into Canada has been relatively stable over the last five years. In 2017, the price was $9.84, followed by $9.82 in 2018, $9.21 in 2019, $9.38 in 2020, and $9.67 in 2021. The highest price was recorded in 2022, at $11.19. This is a significant increase of 13.3% from the previous year. Looking ahead, we can expect the import price of Halibut Fish to remain around the $10 mark in 2023, and to increase slightly to $10.50 in 2024.Export values for Canada halibut fish
The total values in export for halibut fish in Canada were US$ 126,127, US$ 128,543, US$ 138,168 and US$ 143,097 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, Sole Fish & Turbot Fish.
See prices of halibut fish in other countries across North America: Canada halibut fish, US halibut fish, Anguilla halibut fish, Antigua and Barbuda halibut fish, Bermuda halibut fish, Bonaire, Sint Eustatius and Saba halibut fish, St.Pierre and Miquelon halibut fish, United States Minor Outlying Islands halibut fish, Cayman Islands halibut fish & Greenland halibut fish.
Canada halibut fish - Production, Exports, Imports, Seasons and HS Codes
The quantity of halibut fish shipped by Canada in 2020 was 13,333 tonnes. In 2019 Canada shipped 15,545 tonnes of halibut fish. In 2019 alone, the interest in Canada halibut fish (fish category) has increased, with a change of 10.53 percent compared to the year 2018. Between 2017 and 2019, halibut fish's exports increased by 19.05% bringing Canada US$143.10m for the year 2019. Canada's halibut fish exports are classified as:
- Frozen lesser or Greenland halibut "Reinhardtius hippoglossoides", Atlantic halibut "Hippoglossus hippoglossus" and Pacific halibut "Hippoglossus stenolepis" (HS code 030331)
- Fresh or chilled lesser or Greenland halibut "Reinhardtius hippoglossoides, Atlantic halibut "Hippoglossus hippoglossus" and Pacific halibut "Hippoglossus stenolepis" (HS code 030221)
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Canada halibut fish export values
In 2019, Canada shipped halibut fish with a value of 143.10m USD, an improvement of 3.57% from 2018's total halibut fish export of 138.168m USD. The yearly increase in value of Canada halibut fish between 2017 to 2018 was 7.488%.
The yearly variation in the volume of Canada's halibut fish exports between 2017 and 2019 was 19.05 per cent compared to a variation of 10.53% in the period between 2018 and 2019.
Canada's portion of the world's total halibut fish's exports in 2019 was less than 1%. The country is ranked position 46 in world exports of halibut fish.
Export markets for Canada halibut fish ( in '000$ )
Import/Export Trends
Canada is a net importer of halibut fish. The annual growth of Canada halibut fish in value between 2015 to 2019 was -50%, per annum, while annual growth in quantity through the same period was %, per annum.
Canada brought in 2,015 tonnes of halibut fish in 2019.
Halibut in Canada: Quick Guide
Halibut (Hippoglossus hippoglossus) is a set of three flatfish from the genera Hippoglossus and Reinhardtius. They are related to right-eye flounders because of their one-sided eye placement. Based on sources, we have Atlantic and Pacific halibut.
The Atlantic species is quite huge and reaches between 2.5 and 4.7 meters long and weighs up to 705 pounds or 300 kg. Its Pacific counterpart is brownish green and also as huge. Both types thrive in the eastern and western sectors of the Northern Atlantic/Pacific.
Halibut fish is a popular catch for gourmets. It is lean and espouses sweet ivory-coloured flesh, which is firm and tender.
Halibut is safe, wild, and low in mercury
A product of the Canadian Atlantic East Coast and the Pacific West Coast, halibut is harvested wild. The selenium-rich ocean waters ensure that it is 100% sustainable, low in mercury and mild-tasting with firm texture. Selenium is good for all shellfish as it replaces or cancels out mercury, making wild fish safe to eat.
Commercial Halibut in Canada
There are three main types of commercialised Canada halibut that include Atlantic, Pacific and Greenland Halibut.
1. Atlantic Halibut
Current price: CAD 80.52 (US$58.41) per kilogram
Also known as "East Coast halibut" among Canadians, this fish has habitat in the Atlantic Northwest, from the coast of Virginia in the U.S., to the glaciers of the Arctic circle. Near and within Canada, the fish swims the Labrador, Newfoundland, Nova Scotia, Greenland and Gulf of St. Lawrence waters. Its most distinct feature is that the right and left eyes are both on the right side. The left side has virtually no sight organs.
2. Pacific Halibut
Current price: CAD 18.95-36.60 per pound or CAD 41.69- 80.52 (US$30.23-58.41) per kilogram
Among halibut species, the Pacific halibut has the most extensive habitat range. It is fished all the way from the he U.S.’ continental shelf through the Northern Pacific, Japan and Russia. It can attain a size above 200 kilograms. Because of its importance in commercial fisheries, around 435 fishing vessels get licence each year to do the harvesting in the province of British Columbia in Canada. Its firm texture, low bone density and good taste makes it popular.
3. Greenland Halibut
Current price: CAD17.4 (US$12.62) per kilogram
Smaller than its counterparts, the Greenland halibut measures up to to 1.2 meters long and has maximum weight of 25 kilograms. It swims deepest and moves fastest among all flatfish, perhaps due to its aptly-positioned left eye.
Canadians in the east of the country call Greenland halibut either "Greenland turbot” or “Newfoundland turbot,” as it thrives in the waters of the Gulf of St. Lawrence and Newfoundland channels.
Canada’s Pacific salmon and Atlantic salmon find markets within North America while the rest reach UK and European destinations. The good news is that both wild and farmed halibut are available year-round.