Canada - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in Canada - 2023
Contents:
- Peach and Nectarine Price in Canada (CIF) - 2023
- Peach and Nectarine Price in Canada (FOB) - 2022
- Peach and Nectarine Imports in Canada
- Peach and Nectarine Exports in Canada
Peach and Nectarine Price in Canada (CIF) - 2023
The average peach and nectarine import price stood at $3,283 per ton in September 2023, increasing by 3.9% against the previous month. Over the period under review, import price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, peach and nectarine import price increased by +10.3% against July 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 109% against the previous month. The import price peaked at $4,021 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +2.2% per month.
Peach and Nectarine Price in Canada (FOB) - 2022
The average peach and nectarine export price stood at $857 per ton in 2022, standing approx. at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $1,015 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,774 per ton), while the average price for exports to the United States totaled $819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.6%).
Peach and Nectarine Imports in Canada
After three years of growth, purchases abroad of peaches and nectarines decreased by -13.6% to 36K tons in 2022. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 4.3%.
In value terms, peach and nectarine imports expanded slightly to $87M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Peach and Nectarine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.4 | 69.4 | 68.8 | 72.3 | 7.4% |
| Chile | 11.7 | 11.0 | 10.7 | 11.4 | -0.9% |
| Australia | 2.4 | 3.6 | 2.6 | 2.2 | -2.9% |
| South Africa | 0.2 | 0.3 | 0.9 | 1.3 | 86.6% |
| Others | 1.6 | 0.6 | 0.4 | 0.3 | -42.8% |
| Total | 74.3 | 84.9 | 83.5 | 87.5 | 5.6% |
Top Suppliers of Peach and Nectarine to Canada in 2022:
- United States (29.8K tons)
- Chile (4.7K tons)
- Australia (0.6K tons)
- South Africa (0.6K tons)
Peach and Nectarine Exports in Canada
In 2022, the amount of peaches and nectarines exported from Canada reduced remarkably to 36 tons, waning by -72% compared with 2021. In general, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 262% against the previous year. As a result, the exports attained the peak of 127 tons, and then dropped rapidly in the following year.
In value terms, peach and nectarine exports contracted markedly to $31K in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 257%. As a result, the exports attained the peak of $108K, and then fell notably in the following year.
| Export of Peach and Nectarine in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.4 | 24.8 | 102 | 28.0 | 3.3% |
| France | 5.8 | 5.5 | 6.8 | 2.5 | -24.5% |
| Others | 10.5 | N/A | N/A | N/A | 0% |
| Total | 41.7 | 30.4 | 108 | 30.5 | -9.9% |
Top Export Markets for Peach and Nectarine from Canada in 2022:
- United States (34.2 tons)
- France (1.4 tons)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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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Global demand for peaches and nectarines is on the rise, with market consumption expected to increase over the next seven years. The market volume is projected to reach 31M tons by 2030, with a market value of $49.9B. China leads in consumption and production of peaches and nectarines, while Spain is the key exporter.
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