Canada - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCitrus Fruit Price in Canada - 2023
Contents:
- Citrus Fruit Price in Canada (CIF) - 2022
- Citrus Fruit Price in Canada (FOB) - 2022
- Citrus Fruit Imports in Canada
- Citrus Fruit Exports in Canada
Citrus Fruit Price in Canada (CIF) - 2022
In 2022, the average citrus fruit import price amounted to $1,413 per ton, surging by 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. As a result, import price reached the peak level of $1,413 per ton; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($1,588 per ton) and Morocco ($1,578 per ton), while the price for Argentina ($1,072 per ton) and Spain ($1,207 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Citrus Fruit Price in Canada (FOB) - 2022
The average citrus fruit export price stood at $1,196 per ton in 2022, growing by 12% against the previous year. Overall, the export price, however, saw a perceptible curtailment. Over the period under review, the average export prices reached the maximum at $1,679 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,441 per ton), while the average price for exports to Thailand ($768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+10.8%), while the prices for the other major destinations experienced a decline.
Citrus Fruit Imports in Canada
In 2022, overseas purchases of citrus fruits decreased by -3.9% to 479K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 7.2%. As a result, imports reached the peak of 508K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, citrus fruit imports totaled $677M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.8%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Citrus Fruit in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 186 | 206 | 219 | 198 | 2.1% |
| Morocco | 93.6 | 98.6 | 112 | 128 | 11.0% |
| South Africa | 70.9 | 92.6 | 108 | 122 | 19.8% |
| Spain | 70.5 | 56.9 | 57.9 | 66.2 | -2.1% |
| Mexico | 39.6 | 39.0 | 44.7 | 50.4 | 8.4% |
| China | 18.8 | 22.8 | 22.0 | 22.5 | 6.2% |
| Argentina | 17.0 | 14.2 | 17.1 | 16.2 | -1.6% |
| Others | 70.8 | 80.2 | 76.5 | 74.7 | 1.8% |
| Total | 567 | 611 | 656 | 677 | 6.1% |
Top Suppliers of Citrus Fruit to Canada in 2022:
- United States (132.9K tons)
- South Africa (99.8K tons)
- Morocco (80.8K tons)
- Spain (54.8K tons)
- Mexico (31.8K tons)
- China (15.1K tons)
- Argentina (15.1K tons)
Citrus Fruit Exports in Canada
For the fourth consecutive year, Canada recorded growth in shipments abroad of citrus fruits, which increased by 2.3% to 299 tons in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 121%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, citrus fruit exports expanded remarkably to $358K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Citrus Fruit in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.4 | 0.2 | 59.7 | 139 | 13.8% |
| United States | N/A | 3.6 | 70.4 | 104 | 437.5% |
| France | 58.9 | 89.0 | 68.0 | 59.1 | 0.1% |
| Saint Pierre and Miquelon | 13.3 | 35.3 | 35.2 | 40.7 | 45.2% |
| Thailand | N/A | N/A | N/A | 7.3 | 0% |
| United Kingdom | 0.2 | N/A | 1.0 | 5.4 | 200.0% |
| Cuba | N/A | N/A | 73.7 | N/A | 0% |
| Others | N/A | 5.9 | 5.0 | 2.4 | -36.2% |
| Total | 167 | 134 | 313 | 358 | 28.9% |
Top Export Markets for Citrus Fruit from Canada in 2022:
- China (96.7 tons)
- United States (83.5 tons)
- France (54.3 tons)
- Saint Pierre and Miquelon (47.7 tons)
- Thailand (9.5 tons)
- United Kingdom (4.5 tons)
This report provides an in-depth analysis of the citrus 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.
Product coverage:
- FCL 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 512 - Citrus fruit nes
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
-
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
1142
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