Price for Herbs; Thyme, Bay Leaves in Canada - 2022
Contents:
- Price for Herbs; Thyme, Bay Leaves in Canada (CIF) - 2022
- Price for Herbs; Thyme, Bay Leaves in Canada (FOB) - 2022
- Imports of Herbs; Thyme, Bay Leaves in Canada
- Exports of Herbs; Thyme, Bay Leaves in Canada
Price for Herbs; Thyme, Bay Leaves in Canada (CIF) - 2022
The average herbs; thyme, bay leaves import price stood at $4,456 per ton in 2022, picking up by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2013 when the average import price increased by 15%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Morocco.
From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +4.7% per year.
Price for Herbs; Thyme, Bay Leaves in Canada (FOB) - 2022
The average herbs; thyme, bay leaves export price stood at $13,960 per ton in 2022, surging by 9.7% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 25% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Barbados ($14,365 per ton), while the average price for exports to Antigua and Barbuda stood at $10,235 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Antigua and Barbuda (+26.4%).
Imports of Herbs; Thyme, Bay Leaves in Canada
In 2022, approx. 13 tons of herbs were imported into Canada; shrinking by -11.7% compared with the previous year's figure. Overall, imports showed a deep downturn. The smallest decline of -11.7% was in 2020.
In value terms, herbs; thyme, bay leaves imports reduced to $56K in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -7.3% was in 2021.
| Import of Herbs; Thyme, Bay Leaves in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 70.4 | 65.3 | 60.6 | 56.2 | -7.2% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 70.5 | 65.4 | 60.7 | 56.3 | -7.2% |
Top Suppliers of Herbs; Thyme, Bay Leaves to Canada in 2022:
- Morocco (12.6 tons)
Exports of Herbs; Thyme, Bay Leaves in Canada
In 2022, the amount of herbs exported from Canada fell to 173 kg, waning by -13.5% against 2021 figures. Over the period under review, exports recorded a abrupt decrease. The smallest decline of -13.4% was in 2021.
In value terms, herbs; thyme, bay leaves exports reduced to $2.4K in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -5.1% was in 2021.
| Export of Herbs; Thyme, Bay Leaves in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | 2.7 | 2.5 | 2.4 | 2.2 | -6.6% |
| Antigua and Barbuda | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 2.7 | 2.5 | 2.4 | -5.0% |
Top Export Markets for Herbs; Thyme, Bay Leaves from Canada in 2022:
- Barbados (156.0 kg)
- Antigua and Barbuda (17.0 kg)
1105
This report provides an in-depth analysis of the ginger market in Canada.
103
This report provides an in-depth analysis of the market for spices except pepper or ginger in Canada.
482
This report provides an in-depth analysis of the market for dog and cat food in Canada.
801
This report provides an in-depth analysis of the apricot market in Canada.
1120
This report provides an in-depth analysis of the virgin olive oil market in Canada.
551
This report provides an in-depth analysis of the paint and varnish market in Canada.
267
This report provides an in-depth analysis of the olive oil market in Canada.
563
This report provides an in-depth analysis of the encased lead pencil market in Canada.
264
This report provides an in-depth analysis of the assembled clock movements market in Canada.
358
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Canada.
531
In February 2023, the ginger price stood at $2,470 per ton (CIF, Canada), remaining stable against the previous month.
931
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1031
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
787
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7512
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8595
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1383
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7890
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11883
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1625
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
