Canada - Bananas - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Canada: Banana Market Overview 2020
Banana Market Size in Canada
The revenue of the banana market in Canada amounted to $X in 2018, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Banana consumption peaked in 2018 and is likely to see steady growth in the near future.
Exports from Canada
In 2018, the amount of bananas exported from Canada totaled X tonnes, picking up by X% against the previous year. In general, banana exports continue to indicate prominent growth. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, banana exports attained their peak and are likely to continue its growth in the immediate term.
In value terms, banana exports totaled $X in 2018. Overall, banana exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, banana exports reached their peak and are likely to continue its growth in the immediate term.
Imports into Canada
In 2018, the amount of bananas imported into Canada amounted to X tonnes, leveling off at the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, banana imports reached their maximum at X tonnes in 2017, leveling off in the following year.
In value terms, banana imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the banana 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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