Canada - Frozen Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Concentrated Orange Juice in Canada - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in Canada (CIF) - 2023
- Price for Frozen Concentrated Orange Juice in Canada (FOB) - 2023
- Imports of Frozen Concentrated Orange Juice in Canada
- Exports of Frozen Concentrated Orange Juice in Canada
Price for Frozen Concentrated Orange Juice in Canada (CIF) - 2023
In June 2023, the average frozen concentrated orange juice import price amounted to $4,020 per ton, picking up by 2.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in February 2023 an increase of 20% month-to-month. Over the period under review, average import prices reached the maximum at $4,114 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($4,874 per ton), while the price for Brazil ($3,884 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 Brazil (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Canada (FOB) - 2023
In June 2023, the average frozen concentrated orange juice export price amounted to $2,119 per ton, surging by 25% against the previous month. Overall, the export price posted a modest increase. The growth pace was the most rapid in July 2022 an increase of 81% m-o-m. As a result, the export price reached the peak level of $3,198 per ton. From August 2022 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,153 per ton), while the average price for exports to Trinidad and Tobago amounted to $1,042 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%).
Imports of Frozen Concentrated Orange Juice in Canada
In 2022, supplies from abroad of frozen concentrated orange juice was finally on the rise to reach 30K tons after two years of decline. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen concentrated orange juice imports surged to $83M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Concentrated Orange Juice in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 45.4 | 40.8 | 42.3 | 57.4 | 8.1% |
United States | 10.6 | 6.9 | 10.3 | 16.0 | 14.7% |
Mexico | 4.9 | 6.9 | 7.4 | 8.9 | 22.0% |
Others | 0.1 | 0.2 | 0.5 | 1.1 | 122.4% |
Total | 60.9 | 54.8 | 60.5 | 83.3 | 11.0% |
Top Suppliers of Frozen Concentrated Orange Juice to Canada in 2022:
- Brazil (22.6K tons)
- United States (4.1K tons)
- Mexico (2.9K tons)
Exports of Frozen Concentrated Orange Juice in Canada
In 2022, shipments abroad of frozen concentrated orange juice decreased by -26.7% to 6.8K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep slump. The growth pace was the most rapid in 2020 when exports increased by 25%. As a result, the exports reached the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen concentrated orange juice exports dropped to $10M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year.
Export of Frozen Concentrated Orange Juice in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.1 | 10.0 | 10.9 | 9.7 | 6.2% |
Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
Total | 8.1 | 10.0 | 11.0 | 10.0 | 7.3% |
Top Export Markets for Frozen Concentrated Orange Juice from Canada in 2022:
- United States (6.6K tons)
This report provides an in-depth analysis of the frozen orange juice 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:
- Prodcom 10321210 - Frozen unconcentrated orange juice
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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