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Canada - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in Canada - 2023
Contents:
- Nuts Price in Canada (CIF) - 2022
- Nuts Price in Canada (FOB) - 2022
- Nuts Imports in Canada
- Nuts Exports in Canada
Nuts Price in Canada (CIF) - 2022
The average nuts import price stood at $7,461 per ton in 2022, shrinking by -14.8% against the previous year. In general, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 17% against the previous year. The import price peaked at $12,830 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($12,786 per ton), while the price for China ($2,518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Nuts Price in Canada (FOB) - 2022
In 2022, the average nuts export price amounted to $11,812 per ton, with an increase of 20% against the previous year. Over the period under review, the export price showed a buoyant increase. The growth pace was the most rapid in 2018 an increase of 80%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,149 per ton), while the average price for exports to Anguilla ($2,368 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 Anguilla (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in Canada
In 2022, overseas purchases of nuts decreased by -61.7% to 7.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 9%.
In value terms, nuts imports dropped rapidly to $59M in 2022. Over the period under review, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 5.9%. As a result, imports attained the peak of $180M, and then reduced dramatically in the following year.
Import of Nuts in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 114 | 123 | 127 | 33.5 | -33.5% |
Iran | 3.8 | 7.5 | 5.2 | 6.1 | 17.1% |
Italy | 2.2 | 2.4 | 2.3 | 4.5 | 26.9% |
Turkey | 1.0 | 0.7 | 2.3 | 3.3 | 48.9% |
South Africa | 10.0 | 5.3 | 2.3 | 2.7 | -35.4% |
Vietnam | 0.5 | 0.2 | 0.3 | 2.1 | 61.3% |
China | 11.1 | 13.2 | 11.5 | 1.6 | -47.6% |
Mexico | 9.2 | 6.8 | 15.4 | N/A | 29.4% |
Others | 12.2 | 10.0 | 12.9 | 4.8 | -26.7% |
Total | 163 | 170 | 180 | 58.6 | -28.9% |
Top Suppliers of Nuts to Canada in 2022:
- United States (4596.3 tons)
- Italy (780.0 tons)
- China (643.2 tons)
- Iran (506.1 tons)
- Vietnam (392.8 tons)
- Turkey (260.1 tons)
- South Africa (212.1 tons)
- Mexico (3.0 tons)
Nuts Exports in Canada
In 2022, shipments abroad of nuts decreased by -96.1% to 62 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then fell markedly in the following year.
In value terms, nuts exports shrank markedly to $733K in 2022. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $16M, and then declined dramatically in the following year.
Export of Nuts in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.1 | 8.0 | 15.1 | 0.7 | -51.4% |
Barbados | N/A | N/A | N/A | N/A | 0% |
South Korea | 0.6 | 0.3 | 0.3 | N/A | -29.3% |
Germany | N/A | 0.2 | N/A | N/A | 0% |
France | N/A | N/A | N/A | N/A | 0% |
Philippines | N/A | N/A | N/A | N/A | 0% |
Anguilla | N/A | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.4 | 0.2 | N/A | -36.8% |
Total | 7.2 | 8.9 | 15.6 | 0.7 | -54.0% |
Top Export Markets for Nuts from Canada in 2022:
- Germany (undefined tons)
- South Korea (undefined tons)
- United States (46.0 tons)
- Philippines (3.9 tons)
- Anguilla (3.9 tons)
- Barbados (3.0 tons)
- France (1.2 tons)
This report provides an in-depth analysis of the nuts 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 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
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
This report provides an in-depth analysis of the nuts market in Canada.
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