Northern America: Lentil Market 2024

Lentil Market Size in Northern America

In 2022, the North American lentil market increased by X% to $X, rising for the third year in a row after three years of decline. Overall, consumption saw a tangible increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Lentil Production in Northern America

In value terms, lentil production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a notable expansion. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Canada (X tons) constituted the country with the largest volume of lentil production, accounting for X% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, the United States (X tons), ninefold.

In Canada, lentil production expanded at an average annual rate of X% over the period from 2012-2022.

The average lentil yield expanded slightly to X tons per ha in 2022, with an increase of X% compared with the previous year's figure. Overall, the yield, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the lentil harvested area in Northern America amounted to X ha, with an increase of X% compared with the previous year. The total harvested area indicated a remarkable increase from 2012 to 2022: its figure 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, lentil harvested area increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2017 to 2022, the growth of the lentil harvested area remained at a lower figure.

Lentil Exports

Exports in Northern America

In 2022, overseas shipments of lentils decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated measured growth from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, lentil exports soared to $X in 2022. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by the United States (X tons), generating an X% share of total exports.

Canada was also the fastest-growing in terms of the lentils exports, with a CAGR of X% from 2012 to 2022. The United States experienced a relatively flat trend pattern. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest lentil supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports.

In Canada, lentil exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated perceptible 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, lentil export price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

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

Lentil Imports

Imports in Northern America

In 2022, purchases abroad of lentils decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lentil imports surged to $X in 2022. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The purchases of the two major importers of lentils, namely the United States and Canada, represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (with a CAGR of X%).

In value terms, the largest lentil importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, Canada, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated a modest 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, lentil import price increased by X% against 2019 indices. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

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

Source: IndexBox Platform