Clementines Price in Canada - 2023
Contents:
- Clementines Price in Canada (CIF) - 2023
- Clementines Price in Canada (FOB) - 2022
- Clementines Imports in Canada
- Clementines Exports in Canada
Clementines Price in Canada (CIF) - 2023
The average clementines import price stood at $1,382 per ton in June 2023, falling by -8.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 14% against the previous month. The import price peaked at $2,358 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($2,447 per ton), while the price for Peru ($1,185 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Morocco (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Canada (FOB) - 2022
In 2022, the average clementines export price amounted to $1,352 per ton, which is down by -7.1% against the previous year. Overall, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 4.9% against the previous year. The export price peaked at $1,796 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saint Pierre and Miquelon ($1,380 per ton), while the average price for exports to France amounted to $1,346 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Pierre and Miquelon (+0.5%).
Clementines Imports in Canada
In 2022, purchases abroad of fruit, edible decreased by -6.1% to 83K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a mild descent. The growth pace was the most rapid in 2020 with an increase of 8.4%. As a result, imports reached the peak of 93K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, clementines imports shrank to $141M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 11%.
| Import of Clementines in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 61.9 | 70.6 | 74.9 | 86.0 | 11.6% |
| South Africa | 7.5 | 11.7 | 13.5 | 17.3 | 32.1% |
| Spain | 21.3 | 21.4 | 18.5 | 14.9 | -11.2% |
| United States | 8.1 | 9.1 | 12.3 | 11.1 | 11.1% |
| Israel | 4.3 | 4.7 | 5.1 | 6.0 | 11.7% |
| Argentina | 2.9 | 1.0 | 0.9 | 1.8 | -14.7% |
| Uruguay | 1.7 | 1.8 | 1.4 | 1.1 | -13.5% |
| Others | 16.0 | 17.3 | 16.3 | 3.0 | -42.8% |
| Total | 124 | 138 | 143 | 141 | 4.4% |
Top Suppliers of Clementines to Canada in 2022:
- Morocco (50.4K tons)
- South Africa (11.5K tons)
- Spain (8.9K tons)
- United States (4.8K tons)
- Israel (3.3K tons)
- Argentina (1.5K tons)
- Uruguay (0.8K tons)
Clementines Exports in Canada
In 2022, shipments abroad of fruit, edible decreased by -7% to 20 tons, falling for the second year in a row after two years of growth. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, clementines exports reduced to $27K in 2022. Overall, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, the exports reached the peak of $38K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Clementines in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.0 | 35.5 | 26.3 | 22.4 | 0.6% |
| Saint Pierre and Miquelon | 1.9 | 2.4 | 4.8 | 4.5 | 33.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.0 | 37.9 | 31.1 | 26.9 | 3.9% |
Top Export Markets for Clementines from Canada in 2022:
- France (16.6 tons)
- Saint Pierre and Miquelon (3.3 tons)
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