Price for Vegetables; Seed Potatoes, Fresh or Chilled in Canada - 2024
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Canada (FOB) - 2024
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Canada (CIF) - 2022
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Canada
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Canada
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Canada (FOB) - 2024
In September 2023, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $539 per ton, reducing by -19.4% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 25% against the previous month. Over the period under review, the average export prices reached the maximum at $668 per ton in August 2023, and then fell sharply in the following month.
Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Trinidad and Tobago ($621 per ton), while the average price for exports to Panama ($485 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Canada (CIF) - 2022
In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $299 per ton, picking up by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29%. As a result, import price attained the peak level of $351 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 -0.3% per year.
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Canada
In 2022, shipments abroad of vegetables; seed potatoes, fresh or chilleds decreased by -2% to 67K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports reached the peak of 86K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds reached $30M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $36M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.7 | 33.4 | 27.1 | 27.0 | 1.7% |
| Trinidad and Tobago | N/A | 0.2 | 0.6 | 1.2 | 144.9% |
| Dominican Republic | 0.3 | 0.2 | 0.4 | 0.7 | 32.6% |
| Others | 1.3 | 2.1 | 1.6 | 1.3 | 0.0% |
| Total | 27.3 | 35.9 | 29.6 | 30.1 | 3.3% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Canada in 2022:
- United States (60.0K tons)
- Trinidad and Tobago (3.7K tons)
- Dominican Republic (1.6K tons)
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Canada
In 2022, imports of vegetables; seed potatoes, fresh or chilleds into Canada rose remarkably to 32K tons, picking up by 7.8% against 2021. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds rose rapidly to $9.6M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.4 | 7.3 | 8.7 | 9.6 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 7.3 | 8.7 | 9.6 | 14.5% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Canada in 2022:
- United States (32.1K tons)
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