Canada: Vinegar-Preserved Vegetable Market 2023

Vinegar-Preserved Vegetable Market Size in Canada

In 2021, the Canadian vinegar-preserved vegetable market was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Vinegar-preserved vegetable consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Vinegar-Preserved Vegetable Exports

Exports from Canada

Vinegar-preserved vegetable exports from Canada soared to X tons in 2021, rising by 21% on 2020. In general, total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.7% against 2018 indices. The pace of growth was the most pronounced in 2019 when exports increased by 37% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, vinegar-preserved vegetable exports soared to $X in 2021. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 65% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for vinegar-preserved vegetable exports from Canada, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +2.7%.

In value terms, the United States ($X) also remains the key foreign market for vinegar-preserved vegetable exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +7.7%.

Export Prices by Country

In 2021, the average vinegar-preserved vegetable export price amounted to $X per ton, remaining stable against the previous year. In general, export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vinegar-preserved vegetable export price increased by +56.1% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 20%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.8% per year.

Vinegar-Preserved Vegetable Imports

Imports into Canada

In 2021, overseas purchases of vegetables in vinegar other than potatoes were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 53%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, vinegar-preserved vegetable imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest vinegar-preserved vegetable supplier to Canada, with a 49% share of total imports. Moreover, vinegar-preserved vegetable imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.1% per year) and Mexico (+7.2% per year).

In value terms, the United States ($X) constituted the largest supplier of vinegar-preserved vegetable to Canada, comprising 48% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by Greece, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.1% per year) and Greece (-1.8% per year).

Import Prices by Country

In 2021, the average vinegar-preserved vegetable import price amounted to $X per ton, waning by -3.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 63%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :