Canada: Vegetable Puree Market 2024

Vegetable Puree Market Size in Canada

The Canadian vegetable puree market surged to $X in 2022, jumping by X% against the previous year. In general, consumption enjoyed a significant increase. Vegetable puree consumption peaked in 2022 and is likely to see gradual growth in the near future.

Vegetable Puree Production in Canada

In value terms, vegetable puree production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Vegetable Puree Exports

Exports from Canada

Vegetable puree exports from Canada fell remarkably to X tons in 2022, with a decrease of X% compared with the year before. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable puree exports contracted to $X in 2022. Overall, exports showed a deep downturn. The smallest decline of X% was in 2016. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for vegetable puree exports from Canada, with a X% share of total exports. Moreover, vegetable puree exports to the United States exceeded the volume sent to the second major destination, Barbados (X tons), threefold. Trinidad and Tobago (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (X% per year) and Trinidad and Tobago (X% per year).

In value terms, the United States ($X) remains the key foreign market for vegetable puree exports from Canada, comprising X% of total exports. The second position in the ranking was held by Barbados ($X), with an X% share of total exports. It was followed by Trinidad and Tobago, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (X% per year) and Trinidad and Tobago (X% per year).

Export Prices by Country

In 2022, the average vegetable puree export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable puree export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable Puree Imports

Imports into Canada

Vegetable puree imports into Canada soared to X tons in 2022, with an increase of X% on 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, vegetable puree imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Honduras (X tons), Italy (X tons) and France (X tons) were the main suppliers of vegetable puree imports to Canada, together comprising X% of total imports.

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

In value terms, Honduras ($X) constituted the largest supplier of vegetable puree to Canada, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Honduras totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

The average vegetable puree import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable puree import price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($X per ton), while the price for Italy ($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 more modest paces of growth.

Source: IndexBox Platform

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