Price for Grapes; Fresh or Dried in Canada - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Canada (CIF) - 2023
  2. Price for Grapes; Fresh or Dried in Canada (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Canada
  4. Exports of Grapes; Fresh or Dried in Canada

Price for Grapes; Fresh or Dried in Canada (CIF) - 2023

In September 2023, the average grapes; fresh or dried import price amounted to $2,803 per ton, surging by 4.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in May 2023 an increase of 22% against the previous month. As a result, import price reached the peak level of $3,581 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,854 per ton), while the price for Turkey ($1,552 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Canada (FOB) - 2022

In 2022, the average grapes; fresh or dried export price amounted to $1,657 per ton, increasing by 63% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grapes; fresh or dried export price increased by +123.7% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,677 per ton), while the average price for exports to Cuba ($341 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 (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grapes; Fresh or Dried in Canada

In 2022, the amount of grapes; fresh or drieds imported into Canada was estimated at 211K tons, flattening at the year before. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 1%. As a result, imports attained the peak of 212K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, grapes; fresh or dried imports expanded to $559M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Grapes; Fresh or Dried in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2122192282312.9%
Peru49.458.678.010227.3%
Chile89.880.672.773.9-6.3%
South Africa60.562.565.765.62.7%
Mexico50.354.851.150.30.0%
Turkey18.216.613.815.8-4.6%
Others18.819.424.421.13.9%
Total4995125345593.9%

Top Suppliers of Grapes; Fresh or Dried to Canada in 2022:

  1. United States (87.5K tons)
  2. Peru (30.9K tons)
  3. Chile (29.5K tons)
  4. South Africa (27.1K tons)
  5. Mexico (20.2K tons)
  6. Turkey (8.7K tons)

Exports of Grapes; Fresh or Dried in Canada

Grapes; fresh or dried exports from Canada fell significantly to 1.6K tons in 2022, reducing by -44.5% against 2021. Over the period under review, exports saw a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 104%.

In value terms, grapes; fresh or dried exports declined to $2.7M in 2022. Overall, exports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year.

Export of Grapes; Fresh or Dried in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,2641,2472,0802,3060.6%
Cuba643298752178-34.8%
Netherlands36.3N/AN/A61.819.4%
Trinidad and TobagoN/AN/A60.037.9-36.8%
France25.120.310.428.64.4%
Saint Pierre and Miquelon4.918.025.520.561.1%
Hong Kong SAR44.918.427.7N/A-21.5%
China1790.2N/AN/A-99.9%
Others11932.627.969.5-16.4%
Total3,3161,6352,9842,702-6.6%

Top Export Markets for Grapes; Fresh or Dried from Canada in 2022:

  1. United States (861.1 tons)
  2. Cuba (520.8 tons)
  3. France (78.6 tons)
  4. Saint Pierre and Miquelon (55.0 tons)
  5. Netherlands (41.9 tons)
  6. Trinidad and Tobago (25.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Grapes; fresh or dried - Canada