Canada - Roots And Tubers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRoot and Tuber Price in Canada - 2023
Contents:
- Root and Tuber Price in Canada (FOB) - 2022
- Root and Tuber Price in Canada (CIF) - 2022
- Root and Tuber Exports in Canada
- Root and Tuber Imports in Canada
Root and Tuber Price in Canada (FOB) - 2022
In 2022, the average root and tuber export price amounted to $656 per ton, increasing by 12% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, root and tuber export price increased by +69.8% against 2014 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($674 per ton), while the average price for exports to the Netherlands ($542 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 the United States (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Root and Tuber Price in Canada (CIF) - 2022
The average root and tuber import price stood at $702 per ton in 2022, jumping by 19% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average import price increased by 64%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,990 per ton), while the price for the United States ($608 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 States (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Root and Tuber Exports in Canada
In 2022, the amount of roots and tubers exported from Canada skyrocketed to 692K tons, with an increase of 29% compared with 2021. The total export volume increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, root and tuber exports skyrocketed to $454M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Root and Tuber in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 218 | 285 | 280 | 409 | 23.3% |
| Netherlands | 17.9 | 17.7 | 18.0 | 15.8 | -4.1% |
| Others | 16.2 | 17.1 | 18.2 | 28.9 | 21.3% |
| Total | 252 | 320 | 316 | 454 | 21.7% |
Top Export Markets for Root and Tuber from Canada in 2022:
- United States (607.9K tons)
- Netherlands (29.2K tons)
Root and Tuber Imports in Canada
In 2022, approx. 290K tons of roots and tubers were imported into Canada; waning by -21% compared with 2021 figures. Overall, imports showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of 367K tons, and then shrank rapidly in the following year.
In value terms, root and tuber imports declined to $203M in 2022. Over the period under review, imports recorded a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by 5%. As a result, imports attained the peak of $217M, and then dropped in the following year.
| Import of Root and Tuber in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 179 | 171 | 179 | 161 | -3.5% |
| Costa Rica | 5.4 | 5.1 | 5.3 | 7.7 | 12.6% |
| Others | 26.8 | 30.1 | 33.0 | 34.0 | 8.3% |
| Total | 211 | 207 | 217 | 203 | -1.3% |
Top Suppliers of Root and Tuber to Canada in 2022:
- United States (265.6K tons)
- Costa Rica (6.3K tons)
This report provides an in-depth analysis of the root and tuber 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 125 - Cassava
- FCL 149 - Roots and tubers nes
- FCL 122 - Sweet potatoes
- FCL 136 - Taro (Cocoyam)
- FCL 137 - Yams
- FCL 135 - Yautia (Cocoyam)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Sweet Potato imports saw a significant surge in September 2023, reaching a value of $6.5M. However, between April 2023 and September 2023, overall import growth remained stagnant.
119
The yams market experienced its highest growth rate in September 2023, showing a 46% increase compared to the previous month. In terms of value, yams imports declined to $3.2M in October 2023.
300
In February 2023, the yams price stood at $1,813 per ton (CIF, Canada), growing by 6.5% against the previous month.
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Explore the top import markets for root and tuber crops, backed by data from the IndexBox market intelligence platform. Discover the import values and key statistics of the world's leading countries in this market.
1354
Global roots and tubers consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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Global roots and tubers exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global roots and tubers imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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In 2015, the country with the largest volume of the roots and tubers output was Ethiopia (X thousand tons), accounting for X% of global production.
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The Netherlands has total control of the root and tuber market. In 2014, the Netherlands exported X thousand tons of roots and tubers totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied
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Vegetable imports play a crucial role in meeting the global demand for fresh produce throughout the year. Various countries rely on imported vegetables to supplement their domestic supply and offer a diverse range of produce to consumers. In this article, we will explore the top import markets for vegetables, based on the Import Value of Vegetable data provided by the IndexBox market intelligence platform. The United States holds the top position in terms of import value of vegetables, with a staggering $8.5 billion in 2022. Germany secures the second spot on the list with an import value of $5.8 billion in 2022. The United Kingdom is another significant player in the vegetable import market, with an import value of $3.4 billion in 2022. Canada relies on imports to supplement its domestic vegetable production, with an import value of $3.0 billion in 2022. France also represents a major import market for vegetables, with the same import value of $3.0 billion in 2022 as Canada. The Netherlands is not only a significant importer but also a major re-exporter of vegetables, with an import value of $2.5 billion in 2022. Belgium holds a prominent position in the vegetable import market, with an import value of $1.7 billion in 2022. Despite its vast agricultural land, Russia imports vegetables worth $1.3 billion in 2022. Spain relies on imports with an import value of $1.2 billion in 2022 to meet the demand for certain vegetables. Italy completes the list of the world's top import markets for vegetables with an import value of $1.2 billion in 2022. These top import markets for vegetables demonstrate the global dependence on imports to meet the diverse demands of consumers.
