Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada - 2023

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (CIF) - 2023
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (FOB) - 2022
  3. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada
  4. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (CIF) - 2023

In October 2023, the average import price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $905 per ton, increasing by 18% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 61% m-o-m. Over the period under review, average import prices attained the maximum at $1,300 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Mexico ($1,289 per ton), while the price for Thailand ($737 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 Cote d'Ivoire (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (FOB) - 2022

In 2022, the average export price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $4,042 per ton, picking up by 13% against the previous year. In general, the export price, however, faced a dramatic downturn. Over the period under review, the average export prices reached the peak figure at $25,697 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2018 to 2022, the rate of growth in terms of prices for the United States amounted to -35.9% per year.

Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada

In 2022, the amount of nuts, edible; coconuts, in the inner shell (endocarp)s imported into Canada declined to 1.9K tons, with a decrease of -11.8% on the previous year. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s shrank to $1.8M in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam789391421505-13.8%
Cote d'Ivoire28223939345717.5%
Costa Rica1.62.0170281460.0%
Thailand262543548161-15.0%
Dominican Republic39899.9284156-26.8%
India35.828.124.785.533.7%
United States26613119.762.0-38.5%
Sri Lanka82.012448.338.1-22.5%
Mexico34122910325.3-58.0%
Others69.874.568.643.3-14.7%
Total2,5271,8612,0791,815-10.4%

Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Canada in 2022:

  1. Cote d'Ivoire (640.6 tons)
  2. Costa Rica (441.7 tons)
  3. Vietnam (321.2 tons)
  4. Dominican Republic (170.9 tons)
  5. Thailand (77.4 tons)
  6. Sri Lanka (56.0 tons)
  7. India (49.9 tons)
  8. United States (44.5 tons)
  9. Mexico (25.3 tons)

Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada

In 2022, shipments abroad of nuts, edible; coconuts, in the inner shell (endocarp)s was finally on the rise to reach 14 tons after two years of decline. Overall, exports, however, faced a sharp setback.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s surged to $55K in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15235.225.955.0-28.7%
Guyana0.3N/AN/AN/A0%
OthersN/A0.4N/AN/A0%
Total15235.625.955.0-28.7%

Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Canada in 2022:

  1. United States (13.6 tons)

Source: IndexBox Market Intelligence Platform

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