Canada - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Bean Price in Canada - 2023
Contents:
- Green Bean Price in Canada (CIF) - 2023
- Green Bean Price in Canada (FOB) - 2022
- Green Bean Imports in Canada
- Green Bean Exports in Canada
Green Bean Price in Canada (CIF) - 2023
The average green bean import price stood at $2,687 per ton in June 2023, declining by -14.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 73% month-to-month. Over the period under review, average import prices attained the maximum at $3,592 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Guatemala ($4,223 per ton), while the price for the Dominican Republic ($1,020 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 Mexico (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Bean Price in Canada (FOB) - 2022
The average green bean export price stood at $1,439 per ton in 2022, rising by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,571 per ton), while the average price for exports to Morocco ($590 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 the United States (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Green Bean Imports in Canada
In 2022, overseas purchases of green beans decreased by -9.6% to 27K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by less than 0.1% against the previous year. As a result, imports attained the peak of 32K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, green bean imports reached $75M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.6% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Green Bean in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 21.8 | 26.1 | 30.8 | 32.5 | 14.2% |
| United States | 30.9 | 30.2 | 27.8 | 25.9 | -5.7% |
| Guatemala | 14.2 | 14.7 | 13.7 | 14.0 | -0.5% |
| Dominican Republic | 1.4 | 0.6 | 0.4 | 0.5 | -29.1% |
| Others | 2.0 | 2.0 | 1.9 | 2.3 | 4.8% |
| Total | 70.3 | 73.5 | 74.6 | 75.2 | 2.3% |
Top Suppliers of Green Bean to Canada in 2022:
- Mexico (11.5K tons)
- United States (10.8K tons)
- Guatemala (3.6K tons)
- Dominican Republic (0.5K tons)
Green Bean Exports in Canada
In 2022, overseas shipments of green beans decreased by -8.8% to 2.8K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 4.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, green bean exports amounted to $4M in 2022. In general, exports saw a abrupt decrease.
| Export of Green Bean in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 2.5 | 2.7 | 3.2 | 10.1% |
| Turkey | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| Dominican Republic | N/A | N/A | N/A | 0.2 | 0% |
| Morocco | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 1.9 | 1.4 | N/A | N/A | -26.3% |
| India | 0.5 | N/A | N/A | N/A | 0% |
| Egypt | N/A | 0.4 | 0.3 | N/A | -25.0% |
| Others | 0.2 | 0.3 | 0.6 | N/A | 73.2% |
| Total | 5.0 | 4.8 | 3.7 | 4.0 | -7.2% |
Top Export Markets for Green Bean from Canada in 2022:
- United States (2035.2 tons)
- Turkey (220.2 tons)
- Dominican Republic (174.6 tons)
- Belgium (160.2 tons)
- Morocco (135.2 tons)
- Egypt (24.7 tons)
This report provides an in-depth analysis of the green bean 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 414 - Beans, green
- FCL 423 - String Beans
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
978
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