Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada - 2024
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $148,183 per ton, growing by 7.4% against the previous year. Overall, the import price, however, showed a perceptible decline. The growth pace was the most rapid in 2015 when the average import price increased by 26%. As a result, import price attained the peak level of $337,941 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($401,385 per ton), while the price for China ($41,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $6,814 per ton, declining by -35.9% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 83% against the previous year. Over the period under review, the average export prices attained the peak figure at $91,252 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($123,838 per ton), while the average price for exports to Haiti ($644 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 Switzerland (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada
Imports of edible products of animal origin; not elsewhere specified or includeds into Canada shrank remarkably to 23 tons in 2022, dropping by -25.8% against 2021 figures. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of 32 tons, and then reduced rapidly in the following year.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds declined notably to $3.5M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of $4.4M, and then reduced remarkably in the following year.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,371 | 2,023 | 3,026 | 2,053 | -4.7% |
| Brazil | 152 | 654 | 572 | 388 | 36.7% |
| China | 355 | 340 | 342 | 287 | -6.8% |
| Spain | 36.7 | 248 | 78.7 | 281 | 97.1% |
| Malaysia | N/A | 29.3 | 28.9 | 207 | 165.8% |
| Hong Kong SAR | 54.5 | 66.2 | 99.4 | 136 | 35.6% |
| Thailand | 31.8 | 0.1 | 1.8 | 56.0 | 20.8% |
| United States | 49.8 | 69.9 | 160 | 46.6 | -2.2% |
| Singapore | 69.5 | 28.2 | 37.4 | N/A | -26.6% |
| Others | 15.9 | 12.8 | 6.0 | 15.3 | -1.3% |
| Total | 3,136 | 3,471 | 4,351 | 3,470 | 3.4% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Canada in 2022:
- China (7.0 tons)
- Indonesia (5.1 tons)
- Brazil (4.5 tons)
- Spain (1.9 tons)
- Malaysia (1.8 tons)
- United States (1.1 tons)
- Thailand (0.9 tons)
- Hong Kong SAR (0.4 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada
For the fourth year in a row, Canada recorded growth in overseas shipments of edible products of animal origin; not elsewhere specified or includeds, which increased by 97% to 94 tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 397% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds soared to $640K in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 441 | 327 | 308 | 449 | 0.6% |
| Switzerland | N/A | 19.7 | N/A | 50.0 | 59.3% |
| Chile | N/A | N/A | 66.8 | 43.8 | -34.4% |
| Indonesia | N/A | N/A | 19.4 | 26.1 | 34.5% |
| Haiti | N/A | N/A | N/A | 11.4 | 0% |
| Others | 147 | 158 | 113 | 59.7 | -25.9% |
| Total | 588 | 505 | 507 | 640 | 2.9% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Canada in 2022:
- Switzerland (39.8 tons)
- Chile (25.0 tons)
- Haiti (17.8 tons)
- Indonesia (6.0 tons)
- South Korea (4.0 tons)
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