Canada - Nuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Canada - Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Nuts Price in Canada - 2023

Contents:

  1. Nuts Price in Canada (CIF) - 2022
  2. Nuts Price in Canada (FOB) - 2022
  3. Nuts Imports in Canada
  4. Nuts Exports in Canada

Nuts Price in Canada (CIF) - 2022

The average nuts import price stood at $7,461 per ton in 2022, shrinking by -14.8% against the previous year. In general, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 17% against the previous year. The import price peaked at $12,830 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($12,786 per ton), while the price for China ($2,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Nuts Price in Canada (FOB) - 2022

In 2022, the average nuts export price amounted to $11,812 per ton, with an increase of 20% against the previous year. Over the period under review, the export price showed a buoyant increase. The growth pace was the most rapid in 2018 an increase of 80%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain 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 ($15,149 per ton), while the average price for exports to Anguilla ($2,368 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 Anguilla (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports in Canada

In 2022, overseas purchases of nuts decreased by -61.7% to 7.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 9%.

In value terms, nuts imports dropped rapidly to $59M in 2022. Over the period under review, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 5.9%. As a result, imports attained the peak of $180M, and then reduced dramatically in the following year.

Import of Nuts in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11412312733.5-33.5%
Iran3.87.55.26.117.1%
Italy2.22.42.34.526.9%
Turkey1.00.72.33.348.9%
South Africa10.05.32.32.7-35.4%
Vietnam0.50.20.32.161.3%
China11.113.211.51.6-47.6%
Mexico9.26.815.4N/A29.4%
Others12.210.012.94.8-26.7%
Total16317018058.6-28.9%

Top Suppliers of Nuts to Canada in 2022:

  1. United States (4596.3 tons)
  2. Italy (780.0 tons)
  3. China (643.2 tons)
  4. Iran (506.1 tons)
  5. Vietnam (392.8 tons)
  6. Turkey (260.1 tons)
  7. South Africa (212.1 tons)
  8. Mexico (3.0 tons)

Nuts Exports in Canada

In 2022, shipments abroad of nuts decreased by -96.1% to 62 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then fell markedly in the following year.

In value terms, nuts exports shrank markedly to $733K in 2022. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $16M, and then declined dramatically in the following year.

Export of Nuts in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.18.015.10.7-51.4%
BarbadosN/AN/AN/AN/A0%
South Korea0.60.30.3N/A-29.3%
GermanyN/A0.2N/AN/A0%
FranceN/AN/AN/AN/A0%
PhilippinesN/AN/AN/AN/A0%
AnguillaN/AN/AN/AN/A0%
Others0.50.40.2N/A-36.8%
Total7.28.915.60.7-54.0%

Top Export Markets for Nuts from Canada in 2022:

  1. Germany (undefined tons)
  2. South Korea (undefined tons)
  3. United States (46.0 tons)
  4. Philippines (3.9 tons)
  5. Anguilla (3.9 tons)
  6. Barbados (3.0 tons)
  7. France (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nuts 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 221 - Almonds
  • FCL 223 - Pistachios
  • FCL 222 - Walnuts
  • FCL 220 - Chestnuts
  • FCL 217 - Cashew nuts
  • FCL 225 - Hazelnuts (Filberts)
  • FCL 216 - Brazil nuts
  • FCL 234 - Nuts nes
  • FCL 224 - Kolanuts
  • FCL 226 - Areca nuts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Nuts - Canada