Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (CIF) - 2023
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (FOB) - 2023
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (CIF) - 2023
In December 2023, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,877 per ton, which is down by -3.5% against the previous month. Over the period under review, the import price showed a pronounced setback. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices attained the maximum at $2,895 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Mexico ($2,064 per ton), while the price for the United States totaled $1,847 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (-3.5%).
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (FOB) - 2023
The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $5,951 per ton in December 2023, surging by 13% against the previous month. In general, the export price showed a modest expansion. The most prominent rate of growth was recorded in August 2023 an increase of 59% against the previous month. Over the period under review, the average export prices attained the peak figure at $6,158 per ton in April 2023; however, from May 2023 to December 2023, 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 the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada
In 2022, the amount of fresh or chilled lettuce, other than cabbage lettuce imported into Canada stood at 186K tons, remaining relatively unchanged against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9% against the previous year.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce surged to $444M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 345 | 336 | 344 | 406 | 5.6% |
| Mexico | 11.3 | 11.1 | 23.6 | 36.2 | 47.4% |
| Others | 1.4 | 1.1 | 0.9 | 1.3 | -2.4% |
| Total | 358 | 348 | 368 | 444 | 7.4% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Canada in 2022:
- United States (171.8K tons)
- Mexico (14.1K tons)
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada
In 2022, approx. 17K tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Canada; reducing by -1.8% compared with the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of 17K tons, and then contracted in the following year.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce skyrocketed to $47M in 2022. Overall, exports, however, showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.2 | 27.4 | 29.2 | 46.7 | 22.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 25.2 | 27.5 | 29.2 | 46.8 | 22.9% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Canada in 2022:
- United States (16.8K tons)
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