Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada - 2024

Contents:

  1. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (FOB) - 2024
  2. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (CIF) - 2024
  3. Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada
  4. Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (FOB) - 2024

The average export price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $1,794 per ton in March 2024, picking up by 4.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices hit record highs in March 2024.

As there is only one major export destination, the average price level is determined by prices for the United States.

From March 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to +1.1% per month.

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (CIF) - 2024

The average import price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $1,660 per ton in March 2024, picking up by 7.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 15% against the previous month. Over the period under review, average import prices reached the peak figure at $1,751 per ton in July 2023; however, from August 2023 to March 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($2,997 per ton), while the price for China ($986 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada

In 2022, shipments abroad of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen increased by 8.2% to 18K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a pronounced curtailment.

In value terms, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen rose remarkably to $26M in 2022. Over the period under review, exports, however, continue to indicate a pronounced decrease.

Export of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.623.723.126.4-3.7%
Others0.20.1N/AN/A-50.0%
Total29.923.823.126.4-4.1%

Top Export Markets for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen from Canada in 2022:

  1. United States (17.5K tons)

Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada

In 2022, after three years of growth, there was significant decline in purchases abroad of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen, when their volume decreased by -12% to 14K tons. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%.

In value terms, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen contracted to $20M in 2022. The total import value increased at an average annual rate of +8.2% 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 2020 when imports increased by 34% against the previous year.

Import of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4.86.65.75.54.6%
United States3.24.24.34.310.4%
China3.53.23.53.0-5.0%
Belgium1.73.33.42.17.3%
Spain1.11.61.91.920.0%
Poland1.00.91.41.821.6%
India0.10.40.40.458.7%
Others0.41.21.21.035.7%
Total16.021.321.720.28.1%

Top Suppliers of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen to Canada in 2022:

  1. China (2.7K tons)
  2. United States (2.2K tons)
  3. Belgium (2.2K tons)
  4. Mexico (1.9K tons)
  5. Spain (1.9K tons)
  6. Poland (1.8K tons)
  7. India (0.3K tons)

Source: IndexBox Market Intelligence Platform

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