
Canada - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Almond Market 2022
Almond Exports
Exports from Canada
In 2021, shipments abroad of almonds decreased by -X% to X tonnes for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tonnes in 2020, and then fell in the following year.
In value terms, almond exports dropped to $X in 2021. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then reduced in the following year.
Exports by Country
India (X tonnes) was the main destination for almond exports from Canada, with a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to India amounted to +X%.
In value terms, India ($X) also remains the key foreign market for almond exports from Canada.
From 2012 to 2021, the average annual growth rate of value to India amounted to +X%.
Export Prices by Country
The average almond export price stood at $X per tonne in 2021, therefore, remained relatively stable against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond export price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per tonne in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to -X% per year.
Almond Imports
Imports into Canada
In 2021, overseas purchases of almonds decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, imports saw a slight slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
In value terms, almond imports shrank markedly to $X in 2021. Over the period under review, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth imports remained at a lower figure.
Imports by Country
In 2021, the United States (X tonnes) was the main supplier of almond to Canada, accounting for a X% share of total imports. It was followed by Afghanistan (X tonnes), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from the United States totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+X% per year) and Iran (+X% per year).
In value terms, the United States ($X) constituted the largest supplier of almond to Canada, comprising X% of total imports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from the United States totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+X% per year) and Iran (+X% per year).
Import Prices by Country
The average almond import price stood at $X per tonne in 2021, shrinking by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Afghanistan ($X per tonne), while the price for Iran ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the almond 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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