Canada - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Canada - 2023
Contents:
- Frozen Fruit Price in Canada (FOB) - 2023
- Frozen Fruit Price in Canada (CIF) - 2023
- Frozen Fruit Exports in Canada
- Frozen Fruit Imports in Canada
Frozen Fruit Price in Canada (FOB) - 2023
The average frozen fruit export price stood at $2,551 per ton in June 2023, growing by 5.2% against the previous month. In general, the export price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in November 2022 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,298 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Japan ($3,965 per ton), while the average price for exports to Poland ($1,883 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fruit Price in Canada (CIF) - 2023
The average frozen fruit import price stood at $2,364 per ton in June 2023, dropping by -2.7% against the previous month. In general, the import price saw a mild descent. The growth pace was the most rapid in May 2023 an increase of 21% month-to-month. Over the period under review, average import prices reached the peak figure at $2,775 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($4,389 per ton), while the price for Colombia ($1,140 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 Guatemala (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fruit Exports in Canada
In 2022, the amount of frozen fruits exported from Canada rose sharply to 176K tons, with an increase of 5.7% against 2021 figures. In general, exports, however, continue to indicate a perceptible downturn.
In value terms, frozen fruit exports soared to $535M in 2022. The total export value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Fruit in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 207 | 244 | 265 | 13.1% | |
| Japan | 30.1 | 33.1 | 44.2 | 21.2% | |
| Germany | 35.7 | 36.0 | 32.0 | -5.3% | |
| China | 14.0 | 19.9 | 18.4 | 14.6% | |
| Belgium | 9.5 | 10.5 | 12.1 | 12.9% | |
| Netherlands | 15.2 | 17.6 | 10.5 | -16.9% | |
| France | 10.4 | 11.3 | 10.1 | -1.5% | |
| Poland | 15.3 | 14.5 | 8.6 | -25.0% | |
| Others | 43.9 | 47.7 | 50.4 | 7.1% | |
| Total | 382 | 434 | 452 | 8.8% | |
Top Export Markets for Frozen Fruit from Canada in 2022:
- United States (107.7K tons)
- Japan (12.2K tons)
- Germany (10.8K tons)
- China (8.4K tons)
- Netherlands (4.2K tons)
- Poland (3.8K tons)
- Belgium (3.7K tons)
- France (3.0K tons)
Frozen Fruit Imports in Canada
Frozen fruit imports into Canada amounted to 156K tons in 2022, almost unchanged from the previous year. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, frozen fruit imports reached $391M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Fruit in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 87.8 | 94.2 | 96.9 | 5.1% | |
| Chile | 47.5 | 50.4 | 42.8 | -5.1% | |
| Mexico | 34.2 | 36.4 | 41.7 | 10.4% | |
| Peru | 20.4 | 35.5 | 37.5 | 35.6% | |
| Serbia | 9.6 | 18.6 | 31.7 | 81.7% | |
| Costa Rica | 10.3 | 12.6 | 16.2 | 25.4% | |
| Turkey | 8.9 | 8.9 | 13.6 | 23.6% | |
| Greece | 2.4 | 6.7 | 9.8 | 102.1% | |
| Guatemala | 5.7 | 6.0 | 8.5 | 22.1% | |
| Morocco | N/A | 4.4 | 8.2 | 86.4% | |
| China | 6.6 | 5.7 | 8.1 | 10.8% | |
| Poland | 2.1 | 2.9 | 5.9 | 67.6% | |
| Others | 19.6 | 6.4 | 26.0 | 15.2% | |
| Total | 255 | 289 | 347 | 16.7% | |
Top Suppliers of Frozen Fruit to Canada in 2022:
- United States (42.1K tons)
- Peru (18.3K tons)
- Mexico (17.9K tons)
- Chile (15.5K tons)
- Costa Rica (11.0K tons)
- Serbia (8.0K tons)
- Turkey (6.2K tons)
- Guatemala (5.9K tons)
- Greece (5.1K tons)
- Morocco (4.3K tons)
- China (4.0K tons)
- Poland (3.9K tons)
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.
Product coverage:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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
-
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
1010
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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.
614
In September 2022, the frozen fruits and vegetables price amounted to $1,983 per ton (FOB, Canada), surging by 43% against the previous month.
301
In February 2023, the wheat starch price stood at $1,500 per ton (FOB, Canada), rising by 32% against the previous month.
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In February 2023, the price of peanut butter rose to $2,883 per ton (CIF, Canada), registering an increase of 5.2% month-over-month.
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In September 2023, the import of Vacuum Cleaners reached its peak at 576K units, but subsequently decreased. The value of imports for vacuum cleaners with motors reduced to $42M.
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Global frozen fruit trade expanded to $7.1B in 2021.
742
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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