Canada: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Canada

In 2022, the Canadian market for tree, flower and other seeds, fruits and spores for sowing decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports from Canada

In 2022, overseas shipments of tree, flower and other seeds, fruits and spores for sowing were finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing contracted rapidly to $X in 2022. Overall, exports, however, recorded a perceptible slump. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

South Korea (X tons) and the United States (X tons) were the main destinations of exports of tree, flower and other seeds, fruits and spores for sowing from Canada.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%).

In value terms, the United States ($X) remains the key foreign market for tree, flower and other seeds, fruits and spores for sowing exports from Canada, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average export price for tree, flower and other seeds, fruits and spores for sowing stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, saw a tangible increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

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Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports into Canada

In 2022, the amount of tree, flower and other seeds, fruits and spores for sowing imported into Canada shrank to X tons, with a decrease of X% against the previous year's figure. Overall, imports saw a mild decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing reduced to $X in 2022. In general, imports saw a mild slump. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of imports of tree, flower and other seeds, fruits and spores for sowing to Canada, together accounting for X% of total imports. The UK, Germany, Bulgaria, Costa Rica, Mexico and Egypt lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tree, flower and other seeds, fruits and spores for sowing suppliers to Canada were the United States ($X), the Netherlands ($X) and China ($X), together accounting for X% of total imports. The UK, Germany, Costa Rica, Bulgaria, Mexico and Egypt lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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