Mandarins Price in Canada - 2023
Contents:
- Mandarins Price in Canada (CIF) - 2023
- Mandarins Price in Canada (FOB) - 2022
- Mandarins Imports in Canada
- Mandarins Exports in Canada
Mandarins Price in Canada (CIF) - 2023
In June 2023, the average mandarins import price amounted to $1,246 per ton, declining by -22.1% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 13% against the previous month. Over the period under review, average import prices reached the peak figure at $2,083 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($2,223 per ton), while the price for Peru ($999 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 (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Mandarins Price in Canada (FOB) - 2022
The average mandarins export price stood at $662 per ton in 2021, reducing by -52.8% against the previous year. Overall, the export price saw a sharp decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 5.1% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,920 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2017 to 2021, the rate of growth in terms of prices for Poland amounted to +4.7% per year.
Mandarins Imports in Canada
After three years of growth, supplies from abroad of fruit, edible decreased by -9.4% to 65K tons in 2022. The total import volume increased at an average annual rate of +4.3% 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 with an increase of 19%.
In value terms, mandarins imports shrank to $108M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $115M, and then fell in the following year.
| Import of Mandarins in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.0 | 23.7 | 38.9 | 32.8 | 6.7% |
| South Africa | 8.7 | 9.9 | 11.8 | 18.9 | 29.5% |
| China | 13.8 | 16.9 | 15.7 | 13.2 | -1.5% |
| Peru | 15.5 | 17.7 | 12.2 | 12.6 | -6.7% |
| Morocco | 3.3 | 5.0 | 10.4 | 8.8 | 38.7% |
| Australia | 5.1 | 6.7 | 6.2 | 5.2 | 0.6% |
| Chile | 5.0 | 5.4 | 4.8 | 4.2 | -5.6% |
| Argentina | 2.9 | 3.7 | 4.4 | 3.7 | 8.5% |
| Israel | 4.2 | 4.2 | 3.4 | 3.3 | -7.7% |
| Spain | 3.0 | 2.2 | 2.2 | 2.0 | -12.6% |
| Others | 3.0 | 3.4 | 4.5 | 3.4 | 4.3% |
| Total | 91.3 | 98.7 | 115 | 108 | 5.8% |
Top Suppliers of Mandarins to Canada in 2022:
- United States (15.7K tons)
- South Africa (15.6K tons)
- Peru (8.9K tons)
- China (7.9K tons)
- Morocco (4.5K tons)
- Argentina (2.7K tons)
- Australia (2.5K tons)
- Chile (2.5K tons)
- Israel (1.6K tons)
- Spain (1.0K tons)
Mandarins Exports in Canada
For the third year in a row, Canada recorded growth in shipments abroad of fruit, edible, which increased by 744% to 22 tons in 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mandarins exports soared to $14K in 2021. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 596% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.
| Export of Mandarins in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Poland | N/A | N/A | 14.4 | 0% | |
| India | 0.5 | N/A | N/A | 0% | |
| United States | N/A | 3.0 | N/A | 0% | |
| Others | N/A | 0.6 | N/A | 0% | |
| Total | 0.5 | 3.6 | 14.4 | 436.7% | |
Top Export Markets for Mandarins from Canada in 2022:
- Poland (21.7 tons)
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