Price for Vegetable Saps and Extracts; Opium in Canada - 2023

Contents:

1. Price for Vegetable Saps and Extracts; Opium in Canada (FOB) - 2022
2. Price for Vegetable Saps and Extracts; Opium in Canada (CIF) - 2022
3. Exports of Vegetable Saps and Extracts; Opium in Canada
4. Imports of Vegetable Saps and Extracts; Opium in Canada

Price for Vegetable Saps and Extracts; Opium in Canada (FOB) - 2022

The average export price for vegetable saps and extracts; opia stood at $3,097 per ton in 2022, with an increase of 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65%. Over the period under review, the average export prices reached the maximum at $6,231 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,529 per ton), while the average price for exports to France amounted to $2,737 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+5.0%), while the prices for the other major destinations experienced a decline.

Price for Vegetable Saps and Extracts; Opium in Canada (CIF) - 2022

In 2022, the average import price for vegetable saps and extracts; opia amounted to $5,330 per ton, rising by 4% against the previous year. Overall, the import price, however, showed a perceptible decrease. Over the period under review, average import prices attained the peak figure at $6,885 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.5% per year.

Exports of Vegetable Saps and Extracts; Opium in Canada

In 2022, shipments abroad of vegetable saps and extracts; opia decreased by -63% to 33 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,255%.

In value terms, vegetable saps and extracts; opium exports shrank markedly to $102K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,380%.

Top Export Markets for Vegetable Saps and Extracts; Opium from Canada in 2022:

1. France (18.0 tons)
2. Indonesia (15.0 tons)

Imports of Vegetable Saps and Extracts; Opium in Canada

In 2022, the amount of vegetable saps and extracts; opia imported into Canada skyrocketed to 48 kg, growing by 500% against the previous year's figure. Overall, imports, however, faced a precipitous decline.

In value terms, vegetable saps and extracts; opium imports surged to $256 in 2022. Over the period under review, imports, however, showed a dramatic contraction.

Top Suppliers of Vegetable Saps and Extracts; Opium to Canada in 2022:

1. United States (48.0 kg)

Source: IndexBox Market Intelligence Platform