Price for Citrus Fruits Not Elsewhere Classified in Canada - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Canada (CIF) - 2023
- Price for Citrus Fruits Not Elsewhere Classified in Canada (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Canada
- Exports of Citrus Fruits Not Elsewhere Classified in Canada
Price for Citrus Fruits Not Elsewhere Classified in Canada (CIF) - 2023
The average import price for citrus fruits not elsewhere classified stood at $2,383 per ton in June 2023, picking up by 10% against the previous month. Overall, the import price showed a remarkable increase. The pace of growth appeared the most rapid in January 2023 an increase of 111% m-o-m. The import price peaked at $3,845 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ecuador ($9,117 per ton), while the price for Mexico ($1,052 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Canada (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $1,441 per ton, which is down by -3.7% against the previous year. In general, the export price saw a pronounced decline. The growth pace was the most rapid in 2018 when the average export price increased by 7.1%. The export price peaked at $1,887 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +26.4% per year.
Imports of Citrus Fruits Not Elsewhere Classified in Canada
In 2022, approx. 1.2K tons of citrus fruits not elsewhere classified were imported into Canada; reducing by -23.6% on the year before. In general, imports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 30%.
In value terms, citrus fruits not elsewhere classified imports declined to $2.5M in 2022. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 43%.
| Import of Citrus Fruits Not Elsewhere Classified in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 600 | 251 | 990 | 560 | -2.3% |
| China | 803 | 580 | 771 | 478 | -15.9% |
| Ecuador | 15.8 | 100 | 132 | 413 | 196.8% |
| United States | 430 | 159 | 92.5 | 170 | -26.6% |
| South Africa | 12.3 | 2.7 | 22.3 | 158 | 134.2% |
| Jamaica | 61.9 | 32.1 | 78.0 | 106 | 19.6% |
| Vietnam | 183 | 216 | 165 | 101 | -18.0% |
| Spain | 88.3 | 13.4 | 91.2 | 67.4 | -8.6% |
| Israel | 1,382 | 348 | 49.0 | 42.0 | -68.8% |
| Peru | 2.8 | 0.6 | 25.7 | 16.8 | 81.7% |
| Others | 713 | 387 | 572 | 438 | -15.0% |
| Total | 4,292 | 2,089 | 2,989 | 2,550 | -15.9% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Canada in 2022:
- Mexico (501.1 tons)
- China (284.9 tons)
- United States (87.1 tons)
- Jamaica (70.6 tons)
- Ecuador (61.1 tons)
- Vietnam (34.5 tons)
- South Africa (20.9 tons)
- Peru (20.9 tons)
- Spain (20.3 tons)
- Israel (19.6 tons)
Exports of Citrus Fruits Not Elsewhere Classified in Canada
In 2022, citrus fruits not elsewhere classified exports from Canada contracted significantly to 2.1 tons, with a decrease of -95% on 2021 figures. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 566%.
In value terms, citrus fruits not elsewhere classified exports reduced rapidly to $3.1K in 2022. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 607% against the previous year.
| Export of Citrus Fruits Not Elsewhere Classified in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.7 | 2.9 | 4.1 | 3.1 | 22.2% |
| Barbados | N/A | 5.9 | N/A | N/A | 0% |
| China | 94.4 | 0.2 | 59.7 | N/A | -20.5% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 96.4 | 9.0 | 63.9 | 3.1 | -68.2% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Canada in 2022:
- France (2.1 tons)
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