
Canada - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
Frozen Fruit Price in Canada Drops Slightly to $2,812 per Ton
Canada Frozen Fruit Export Price in August 2022
In August 2022, the frozen fruit price amounted to $2,812 per ton (FOB, Canada), with a decrease of -8.2% against the previous month. In general, the export price showed a slight downturn. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 7.2% against the previous month. As a result, the export price attained the peak level of $3,294 per ton. From April 2022 to August 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Japan ($3,890 per ton), while the average price for exports to China ($1,319 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Canada Frozen Fruit Exports
In August 2022, overseas shipments of frozen fruits decreased by -13.5% to 12K tons, falling for the third consecutive month after five months of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when exports increased by 26% month-to-month. The exports peaked at 19K tons in May 2022; however, from June 2022 to August 2022, the exports failed to regain momentum.
In value terms, frozen fruit exports contracted notably to $35M (IndexBox estimates) in August 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2022 when exports increased by 23% m-o-m. The exports peaked at 55K tons in May 2022; however, from June 2022 to August 2022, the exports stood at a somewhat lower figure.
Canada Frozen Fruit Exports by Country
The United States (9.9K tons) was the main destination for frozen fruit exports from Canada, accounting for a 79% share of total exports. Moreover, frozen fruit exports to the United States exceeded the volume sent to the second major destination, Germany (407 tons), more than tenfold. Poland (378 tons) ranked third in terms of total exports with a 3% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume to the United States totaled +5.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-11.0% per month) and Poland (+3.9% per month).
In value terms, the United States ($28M) remains the key foreign market for frozen fruit exports from Canada, comprising 80% of total exports. The second position in the ranking was held by Japan ($1.4M), with a 4.1% share of total exports. It was followed by Germany, with a 3.3% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value to the United States amounted to +4.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-15.5% per month) and Germany (-12.5% per month).
This report provides an in-depth analysis of the frozen fruit market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
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