Canada: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Canada

The Canadian peach and nectarine market rose notably to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Peach and nectarine consumption peaked in 2022 and is likely to continue growth in years to come.

Peach And Nectarine Production in Canada

In value terms, peach and nectarine production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of peaches and nectarines in Canada was estimated at X tons per ha, almost unchanged from the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. The peach and nectarine yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the peach and nectarine harvested area in Canada declined to X ha, remaining constant against the year before. Over the period under review, the harvested area continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to peach and nectarine production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

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Peach And Nectarine Exports

Exports from Canada

Peach and nectarine exports from Canada contracted dramatically to X tons in 2022, reducing by X% compared with 2021. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, peach and nectarine exports shrank remarkably to $X in 2022. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for peach and nectarine exports from Canada, with a X% share of total exports. Moreover, peach and nectarine exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

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

In value terms, the United States ($X) remains the key foreign market for peaches and nectarines exports from Canada, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports.

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

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States totaled $X per ton.

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

Peach And Nectarine Imports

Imports into Canada

In 2022, after four years of growth, there was significant decline in overseas purchases of peaches and nectarines, when their volume decreased by X% to X tons. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, peach and nectarine imports stood at $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of peach and nectarine to Canada, with a X% share of total imports. Moreover, peach and nectarine imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), sixfold. South Africa (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and South Africa (X% per year).

In value terms, the United States ($X) constituted the largest supplier of peaches and nectarines to Canada, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average peach and nectarine import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for South Africa ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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