Wine Lees; Argol Price in Canada - 2023

Contents:

  1. Wine Lees; Argol Price in Canada (CIF) - 2022
  2. Wine Lees; Argol Imports in Canada

Wine Lees; Argol Price in Canada (CIF) - 2022

In 2022, the average wine lees; argol import price amounted to $69 per ton, flattening at the previous year. In general, the import price saw a noticeable decrease. The growth pace was the most rapid in 2013 an increase of 1,482% against the previous year. Over the period under review, average import prices reached the peak figure at $2,811 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($69 per ton), while the price for Singapore ($69 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 (-2.6%), while the prices for the other major suppliers experienced a decline.

Wine Lees; Argol Imports in Canada

For the fourth consecutive year, Canada recorded growth in purchases abroad of wine lees; argol, which increased by 15% to 56 tons in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 51%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wine lees; argol imports rose significantly to $3.9K in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 49%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Wine Lees; Argol in Canada (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States80.01141383,632256.7%
China395660932163-25.6%
SingaporeN/AN/AN/A73.00%
Japan1,1231,7292,252N/A41.6%
Others82.0N/A74.0N/A-5.0%
Total1,6802,5033,3963,86832.0%

Top Suppliers of Wine Lees; Argol to Canada in 2022:

  1. United States (52.5 tons)
  2. China (2.4 tons)
  3. Singapore (1.1 tons)

Source: IndexBox Market Intelligence Platform

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