Canada: Avocado Market 2022

Avocado Exports

Exports from Canada

In 2020, approx. X tonnes of avocados were exported from Canada; rising by X% compared with 2019. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, avocado exports skyrocketed to $X in 2020. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

France (X tonnes), the United States (X tonnes) and Norway (X kg) were the main destinations of avocado exports from Canada, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Norway ($X) were the largest markets for avocado exported from Canada worldwide, together comprising X% of total exports.

France, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average avocado export price amounted to $X per tonne, stabilizing at the previous year. In general, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2012 to 2020, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Norway ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+X%), while the prices for the other major destinations experienced a decline.

Avocado Imports

Imports into Canada

Avocado imports into Canada soared to X tonnes in 2020, jumping by X% compared with the previous year's figure. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in the immediate term.

In value terms, avocado imports surged to $X in 2020. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Mexico (X tonnes) was the main avocado supplier to Canada, accounting for a X% share of total imports. Moreover, avocado imports from Mexico exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Mexico totaled +X%.

In value terms, Mexico ($X) constituted the largest supplier of avocado to Canada, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Mexico totaled +X%.

Import Prices by Country

The average avocado import price stood at $X per tonne in 2020, approximately reflecting the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Mexico ($X per tonne), while the price for Peru totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru (+X%).

Source: IndexBox Platform