Canada: Vinegar Market 2024

Vinegar Market Size in Canada

The Canadian vinegar market dropped to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Vinegar consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Vinegar Production in Canada

In value terms, vinegar production contracted to $X in 2023 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

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Vinegar Exports

Exports from Canada

In 2023, shipments abroad of vinegar decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, vinegar exports declined significantly to $X in 2023. Over the period under review, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of vinegar exports from Canada, together accounting for X% of total exports. Taiwan (Chinese) and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for vinegar exports from Canada, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

The average vinegar export price stood at $X per ton in 2023, reducing by X% against the previous year. In general, the export price saw a deep setback. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Vinegar Imports

Imports into Canada

In 2023, purchases abroad of vinegar decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a slight decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, vinegar imports dropped slightly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then contracted modestly in the following year.

Imports by Country

In 2023, the United States (X tons) constituted the largest vinegar supplier to Canada, accounting for a X% share of total imports. Moreover, vinegar imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The Philippines (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, 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: Italy (X% per year) and the Philippines (X% per year).

In value terms, the largest vinegar suppliers to Canada were the United States ($X), Italy ($X) and Spain ($X), together accounting for X% of total imports.

Spain, 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

The average vinegar import price stood at $X per ton in 2023, growing by X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vinegar import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform