Canada - Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotato Price in Canada Peaks at $1,107 per Ton
Canada Potato Export Price in September 2022
In September 2022, the potato price stood at $1,107 per ton (FOB, Canada), growing by 31% against the previous month. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in July 2022 an increase of 38% m-o-m. Over the period under review, the average export prices attained the maximum in September 2022.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the United States ($1,118 per ton), while the average price for exports to Trinidad and Tobago amounted to $531 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%).
Canada Potato Exports
In September 2022, overseas shipments of potatoes increased by 0.2% to 36K tons, rising for the second consecutive month after three months of decline. In general, exports, however, showed a perceptible contraction. The pace of growth was the most pronounced in March 2022 with an increase of 35% against the previous month. The exports peaked at 73K tons in April 2022; however, from May 2022 to September 2022, the exports failed to regain momentum.
In value terms, potato exports surged to $39M (IndexBox estimates) in September 2022. The total export value increased at an average monthly rate of +2.9% over the period from January 2022 to September 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at 40K tons in April 2022; however, from May 2022 to September 2022, the exports remained at a lower figure.
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Canada Potato Exports by Country
the United States (35K tons) was the main destination for potato exports from Canada, accounting for a 98% share of total exports. It was followed by Trinidad and Tobago (701 tons), with a 2% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to the United States stood at -3.6%.
In value terms, the United States ($39M) remains the key foreign market for potato exports from Canada, comprising 99% of total exports. The second position in the ranking was held by Trinidad and Tobago ($372K), with a 0.9% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States totaled +3.2%.
Factors Affecting Potato Market
The potato is a tuberous crop that is grown in many parts of the world, including Canada. The potato price in Canada can be affected by various factors, such as weather conditions, production costs, and global demand.
Weather conditions can impact the potato crop in a number of ways. For example, if there is a drought, the yields will be lower and the prices will increase. Alternatively, if there is too much rain, the potatoes may rot and again, the prices will go up.
Production costs can also affect the price of potatoes in Canada. If farmers are facing higher costs for inputs such as seeds, water, and fertilizer, they will likely pass these costs on to consumers in the form of higher prices.
Finally, global demand for potatoes can also influence the price in Canada. If demand is high from other countries due to a good harvest or some other factor, this may lead to an increase in prices in Canada. On the other hand, if global supplies are tight due to bad weather elsewhere or some other issue, this could lead to higher prices for Canadian potatoes.
This report provides an in-depth analysis of the potato 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.
Product coverage:
- FCL 116 - Potatoes
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
