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

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

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Pyrethrum and Peppermint Price in Canada - 2023

Contents:

  1. Pyrethrum and Peppermint Price in Canada (CIF) - 2023
  2. Pyrethrum and Peppermint Price in Canada (FOB) - 2022
  3. Pyrethrum and Peppermint Imports in Canada
  4. Pyrethrum and Peppermint Exports in Canada

Pyrethrum and Peppermint Price in Canada (CIF) - 2023

In September 2023, the average pyrethrum and peppermint import price amounted to $7,035 per ton, stabilizing at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 16% month-to-month. The import price peaked at $8,228 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($9,077 per ton), while the price for Morocco ($3,503 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Pyrethrum and Peppermint Price in Canada (FOB) - 2022

In 2022, the average pyrethrum and peppermint export price amounted to $32,029 per ton, with a decrease of -3% against the previous year. Overall, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 97%. Over the period under review, the average export prices attained the peak figure at $37,015 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($82,282 per ton), while the average price for exports to China ($3,684 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 Israel (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum and Peppermint Imports in Canada

Pyrethrum and peppermint imports into Canada declined to 13K tons in 2022, reducing by -4% against 2021 figures. In general, imports recorded a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 2% against the previous year.

In value terms, pyrethrum and peppermint imports fell to $90M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, imports attained the peak of $93M, and then fell slightly in the following year.

Import of Pyrethrum and Peppermint in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.617.220.121.814.3%
United States28.019.619.116.7-15.8%
India6.36.19.38.610.9%
Mexico6.46.86.57.65.9%
Morocco3.93.04.04.22.5%
Egypt3.12.83.43.98.0%
Germany3.13.13.43.21.1%
Colombia2.22.42.93.112.1%
Turkey2.42.62.82.74.0%
Israel4.12.52.31.2-33.6%
United Kingdom2.33.62.11.1-21.8%
Dominican Republic0.50.30.40.4-7.2%
Others12.813.216.715.15.7%
Total89.883.493.089.7-0.0%

Top Suppliers of Pyrethrum and Peppermint to Canada in 2022:

  1. United States (2705.9 tons)
  2. China (2028.2 tons)
  3. India (1274.6 tons)
  4. Morocco (1260.3 tons)
  5. Mexico (1211.6 tons)
  6. Egypt (784.1 tons)
  7. Colombia (612.5 tons)
  8. Turkey (464.4 tons)
  9. Germany (356.9 tons)
  10. Dominican Republic (295.4 tons)
  11. Israel (106.3 tons)
  12. United Kingdom (97.1 tons)

Pyrethrum and Peppermint Exports in Canada

For the fourth year in a row, Canada recorded growth in shipments abroad of pyrethrum and peppermint, which increased by 40% to 3.6K tons in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 125%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, pyrethrum and peppermint exports skyrocketed to $114M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 101%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Pyrethrum and Peppermint in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.53.116.842.1338.3%
IsraelN/A18.638.439.946.5%
Germany13.213.720.322.319.1%
United States5.55.36.76.87.3%
ChinaN/A0.20.20.558.1%
France0.90.10.40.3-30.7%
United Kingdom0.50.20.50.3-15.7%
Others1.10.80.92.429.7%
Total21.841.984.211473.6%

Top Export Markets for Pyrethrum and Peppermint from Canada in 2022:

  1. Australia (1136.7 tons)
  2. Germany (864.4 tons)
  3. United States (758.2 tons)
  4. Israel (485.3 tons)
  5. China (122.2 tons)
  6. United Kingdom (60.9 tons)
  7. France (30.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pyrethrum and peppermint 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 754 - Pyrethrum, dried flowers
  • FCL 748 - Peppermint, Spearmint

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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