Canada - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Canada - 2023
Contents:
- Canned Vegetable Price in Canada (CIF) - 2023
- Canned Vegetable Price in Canada (FOB) - 2023
- Canned Vegetable Imports in Canada
- Canned Vegetable Exports in Canada
Canned Vegetable Price in Canada (CIF) - 2023
The average canned vegetable import price stood at $2,484 per ton in September 2023, declining by -2.2% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 18% against the previous month. The import price peaked at $2,542 per ton in June 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($5,009 per ton), while the price for Italy ($1,684 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Price in Canada (FOB) - 2023
In September 2023, the average canned vegetable export price amounted to $3,575 per ton, with a decrease of -3.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2023 an increase of 15% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,694 per ton in August 2023, and then declined slightly in the following month.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the United States ($3,687 per ton), while the average price for exports to Trinidad and Tobago amounted to $990 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%).
Canned Vegetable Imports in Canada
In 2022, approx. 225K tons of canned vegetables were imported into Canada; growing by 1.9% against 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 2.5%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, canned vegetable imports expanded sharply to $469M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Canned Vegetable in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 250 | 243 | 248 | 275 | 3.2% |
| Italy | 29.3 | 33.8 | 38.5 | 39.2 | 10.2% |
| Spain | 35.6 | 33.8 | 35.4 | 37.8 | 2.0% |
| Greece | 17.9 | 22.6 | 21.1 | 24.6 | 11.2% |
| Mexico | 9.5 | 11.9 | 10.4 | 15.1 | 16.7% |
| China | 9.1 | 9.8 | 8.9 | 13.2 | 13.2% |
| Peru | 6.7 | 5.9 | 6.1 | 8.2 | 7.0% |
| Thailand | 5.0 | 5.7 | 5.5 | 6.1 | 6.9% |
| Brazil | 0.1 | 0.4 | 1.8 | 4.4 | 253.0% |
| Others | 36.6 | 42.2 | 50.2 | 45.7 | 7.7% |
| Total | 400 | 409 | 426 | 469 | 5.4% |
Top Suppliers of Canned Vegetable to Canada in 2022:
- United States (129.8K tons)
- Italy (24.9K tons)
- Spain (22.9K tons)
- Greece (6.7K tons)
- China (6.5K tons)
- Mexico (4.0K tons)
- Brazil (3.8K tons)
- Thailand (3.8K tons)
- Peru (3.5K tons)
Canned Vegetable Exports in Canada
Canned vegetable exports from Canada expanded markedly to 92K tons in 2022, rising by 6.6% compared with 2021. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, canned vegetable exports amounted to $238M in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Canned Vegetable in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 164 | 184 | 203 | 229 | 11.8% |
| Trinidad and Tobago | 1.7 | 1.8 | 2.6 | 2.4 | 12.2% |
| Others | 8.7 | 9.0 | 8.9 | 6.5 | -9.3% |
| Total | 174 | 195 | 214 | 238 | 11.0% |
Top Export Markets for Canned Vegetable from Canada in 2022:
- United States (87.7K tons)
- Trinidad and Tobago (1.9K tons)
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
392
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During the review period, Vegetable Puree imports peaked at 979 tons in 2022 before significantly decreasing the following year. In terms of value, imports of Vegetable Puree dropped notably to $3.2M in 2023.
246
In February 2023, the potato chips price amounted to $4,928 per ton (FOB, Canada), picking up by 3.9% against the previous month.
330
In February 2023, the olives price stood at $2,084 per ton (CIF, Canada), falling by -13% against the previous month.
1337
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1583
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
88
During the review period, Vegetable Puree imports peaked at 979 tons in 2022 before significantly decreasing the following year. In terms of value, imports of Vegetable Puree dropped notably to $3.2M in 2023.
246
In February 2023, the potato chips price amounted to $4,928 per ton (FOB, Canada), picking up by 3.9% against the previous month.
330
In February 2023, the olives price stood at $2,084 per ton (CIF, Canada), falling by -13% against the previous month.
1337
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
