Canada - Olives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOlive Price in Canada - 2023
Contents:
- Olive Price in Canada (CIF) - 2023
- Olive Price in Canada (FOB) - 2022
- Olive Imports in Canada
- Olive Exports in Canada
Olive Price in Canada (CIF) - 2023
The average olive import price stood at $3,677 per ton in October 2023, reducing by -11.8% against the previous month. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 98% m-o-m. As a result, import price reached the peak level of $4,169 per ton, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($4,117 per ton), while the price for Algeria ($1,209 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Olive Price in Canada (FOB) - 2022
The average olive export price stood at $1,687 per ton in 2022, shrinking by -69.5% against the previous year. In general, the export price, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2017 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum at $5,531 per ton in 2021, and then fell sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +6.4% per year.
Olive Imports in Canada
In 2022, the amount of olives imported into Canada reached 178 tons, leveling off at 2021 figures. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 4.4% against the previous year. As a result, imports reached the peak of 230 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, olive imports reached $476K in 2022. In general, imports, however, recorded a deep contraction.
| Import of Olive in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 257 | 345 | 268 | 363 | 12.2% |
| Italy | 39.9 | 7.4 | 22.3 | 52.8 | 9.8% |
| Algeria | 38.0 | 9.8 | 12.5 | 26.8 | -11.0% |
| Turkey | 4.2 | 7.5 | 11.1 | 9.9 | 33.1% |
| Spain | 17.6 | 21.0 | 24.3 | N/A | 17.5% |
| Morocco | 27.9 | 30.6 | 28.0 | N/A | 0.2% |
| Portugal | 13.5 | 8.1 | 12.7 | N/A | -3.0% |
| Pakistan | 26.6 | N/A | N/A | N/A | 0% |
| Others | 165 | 99.2 | 57.0 | 23.1 | -48.1% |
| Total | 589 | 528 | 436 | 476 | -6.9% |
Top Suppliers of Olive to Canada in 2022:
- United States (128.1 tons)
- Algeria (20.9 tons)
- Italy (19.1 tons)
- Turkey (3.2 tons)
Olive Exports in Canada
After two years of decline, shipments abroad of olives increased by 10,819% to 20 tons in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, olive exports skyrocketed to $33K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Olive in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 33.0 | 0% |
| Others | 0.9 | 0.9 | 1.0 | N/A | 5.4% |
| Total | 0.9 | 0.9 | 1.0 | 33.0 | 232.2% |
Top Export Markets for Olive from Canada in 2022:
- Greece (19.5 tons)
This report provides an in-depth analysis of the olive 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 260 - Olives
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
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