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Canada - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in Canada - 2023
Contents:
- Coconut Price in Canada (CIF) - 2023
- Coconut Price in Canada (FOB) - 2022
- Coconut Imports in Canada
- Coconut Exports in Canada
Coconut Price in Canada (CIF) - 2023
In June 2023, the average coconut import price amounted to $1,020 per ton, with a decrease of -20.8% against the previous month. Overall, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in April 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices attained the peak figure at $1,567 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1,329 per ton), while the price for Cote d'Ivoire ($627 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Coconut Price in Canada (FOB) - 2022
In 2022, the average coconut export price amounted to $3,553 per ton, falling by -6.5% against the previous year. Over the period under review, the export price, however, continues to indicate a notable increase. The pace of growth was the most pronounced in 2017 an increase of 59% against the previous year. The export price peaked at $3,799 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,222 per ton), while the average price for exports to Barbados ($953 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 the United States (+5.0%), while the prices for the other major destinations experienced a decline.
Coconut Imports in Canada
After three years of growth, overseas purchases of coconuts decreased by -7.3% to 8.6K tons in 2022. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 9.3K tons, and then dropped in the following year.
In value terms, coconut imports stood at $13M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Coconut in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.6 | 0.5 | 2.1 | 2.1 | 51.8% |
Costa Rica | 0.8 | 0.8 | 1.7 | 1.8 | 31.0% |
Sri Lanka | 1.2 | 1.5 | 2.2 | 1.6 | 10.1% |
Thailand | 2.0 | 1.6 | 1.7 | 1.6 | -7.2% |
Vietnam | 1.5 | 1.2 | 1.1 | 1.4 | -2.3% |
Indonesia | N/A | N/A | 0.5 | 0.9 | 80.0% |
Dominican Republic | 1.5 | 1.8 | 1.4 | 0.8 | -18.9% |
Mexico | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
Cote d'Ivoire | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
Others | 1.5 | 1.3 | 1.1 | 1.3 | -4.7% |
Total | 10.0 | 9.6 | 12.7 | 12.7 | 8.3% |
Top Suppliers of Coconut to Canada in 2022:
- Costa Rica (2548.8 tons)
- Thailand (901.2 tons)
- Sri Lanka (871.3 tons)
- Cote d'Ivoire (750.8 tons)
- Dominican Republic (702.1 tons)
- Vietnam (680.7 tons)
- India (552.4 tons)
- Indonesia (517.7 tons)
- Mexico (423.7 tons)
Coconut Exports in Canada
In 2022, the amount of coconuts exported from Canada declined remarkably to 27 tons, shrinking by -38% on the previous year's figure. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.
In value terms, coconut exports contracted significantly to $96K in 2022. Overall, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year.
Export of Coconut in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 249 | 96.3 | 164 | 91.1 | -28.5% |
Taiwan (Chinese) | N/A | 1.2 | 0.4 | 2.7 | 50.0% |
France | 1.2 | 1.3 | 1.4 | 1.1 | -2.9% |
Peru | 0.1 | 0.3 | 1.0 | 0.8 | 100.0% |
Barbados | N/A | N/A | N/A | 0.7 | 0% |
Germany | 3.6 | N/A | N/A | N/A | 0% |
Vietnam | 40.4 | N/A | N/A | N/A | 0% |
United Kingdom | 7.6 | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 302 | 99.4 | 166 | 96.5 | -31.6% |
Top Export Markets for Coconut from Canada in 2022:
- United States (21.6 tons)
- Taiwan (Chinese) (2.8 tons)
- France (1.2 tons)
- Peru (0.8 tons)
- Barbados (0.7 tons)
This report provides an in-depth analysis of the coconut market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 249 - Coconuts
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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