Canada - Pulses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Canada - Pulses - Market Analysis, Forecast, Size, Trends and Insights

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Pulses Price in Canada - 2023

Contents:

  1. Pulses Price in Canada (FOB) - 2022
  2. Pulses Price in Canada (CIF) - 2022
  3. Pulses Exports in Canada
  4. Pulses Imports in Canada

Pulses Price in Canada (FOB) - 2022

The average pulses export price stood at $719 per ton in 2022, rising by 28% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pulses export price increased by +94.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($1,110 per ton), while the average price for exports to China ($507 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 India (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pulses Price in Canada (CIF) - 2022

The average pulses import price stood at $1,050 per ton in 2022, picking up by 31% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 45%. As a result, import price attained the peak level of $1,401 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,256 per ton), while the price for the United States ($951 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Pulses Exports in Canada

In 2022, shipments abroad of pulses decreased by -12% to 4.6M tons, falling for the second consecutive year after two years of growth. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. As a result, the exports reached the peak of 7.5M tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pulses exports expanded sharply to $3.3B in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Pulses in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5397046286707.5%
Turkey88.728930040165.4%
United States19721630540026.6%
India320547336303-1.8%
United Arab Emirates10614216724231.7%
Bangladesh235238182171-10.1%
Pakistan76.869.589.714022.2%
Colombia70.175.280.190.58.9%
Algeria32.337.262.385.838.5%
United Kingdom78.872.373.777.2-0.7%
Peru25.346.545.767.038.4%
Cuba21.218.121.538.722.2%
Nepal56.158.633.84.1-58.2%
Others47068362463710.7%
Total2,3173,1962,9493,32712.8%

Top Export Markets for Pulses from Canada in 2022:

  1. China (1320.8K tons)
  2. United States (536.3K tons)
  3. Turkey (507.7K tons)
  4. India (414.7K tons)
  5. Bangladesh (315.4K tons)
  6. United Arab Emirates (286.8K tons)
  7. Pakistan (182.7K tons)
  8. Colombia (96.5K tons)
  9. Algeria (77.3K tons)
  10. Cuba (75.1K tons)
  11. United Kingdom (74.7K tons)
  12. Peru (72.1K tons)
  13. Nepal (5.4K tons)

Pulses Imports in Canada

In 2022, purchases abroad of pulses decreased by -17.7% to 202K tons, falling for the second year in a row after two years of growth. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year. As a result, imports reached the peak of 322K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, pulses imports rose significantly to $212M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of $214M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Pulses in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1371471381451.9%
India11.113.210.919.620.9%
Australia10.47.37.913.07.7%
China10.18.28.79.4-2.4%
Thailand2.44.24.23.917.6%
Others14.734.326.120.511.7%
Total1862141962124.5%

Top Suppliers of Pulses to Canada in 2022:

  1. United States (152.7K tons)
  2. India (14.2K tons)
  3. Australia (12.9K tons)
  4. China (4.2K tons)
  5. Thailand (3.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pulses market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 203 - Bambara beans
  • FCL 176 - Beans, dry
  • FCL 181 - Broad beans, dry
  • FCL 191 - Chick-peas, dry
  • FCL 195 - Cow peas, dry
  • FCL 201 - Lentils, dry
  • FCL 187 - Peas, dry
  • FCL 197 - Pigeon peas
  • FCL 211 - Pulses nes

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Dec 1, 2022
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In August 2022, the pulses price stood at $829 per ton (FOB, Canada), rising by 1.6% against the previous month.

Dry Bean Price in Canada Declines Slightly to $1,068 per Ton After Two Consecutive Months of Contraction
Feb 1, 2023
Eye 228

In November 2022, the dry bean price stood at $1,068 per ton (FOB, Canada), waning by -2.5% against the previous month.

Canada Sees a Sharp Decline in Pea Imports, Dropping to $168K in December 2023
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Eye 105

Imports of Cow Peas reached a peak of 174 tons before sharply decreasing the following month. In terms of value, imports of Cow Peas notably dropped to $168K in December 2023.

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Oct 4, 2023
Eye 313

In June 2023, the price of Dry Peas, amounting to $502 per ton (FOB, Canada), increased by 8.1% compared to the previous month.

In October 2023, Canada's Lentil Exports Soar by 14% to Reach $175M.
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Eye 141

In September 2023, the Lentil market experienced an impressive growth rate of 336% compared to the previous month. Additionally, the value of lentil exports showed a remarkable increase, reaching $175M in October 2023.

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Eye 153

In September 2023, the growth rate of Chick Peas exports reached its highest level, with a remarkable 54% increase compared to the previous month. This surge was followed by a substantial rise in value, as Chick Peas exports reached an impressive $22M in October 2023.

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Jun 21, 2023
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In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.

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Free Data: Pulses - Canada