Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (FOB) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (CIF) - 2023
  3. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada
  4. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (FOB) - 2023

In December 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $728 per ton, increasing by 1.9% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 18% m-o-m. The export price peaked at $852 per ton in September 2023; however, from October 2023 to December 2023, the 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 ($741 per ton), while the average price for exports to Trinidad and Tobago ($418 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (CIF) - 2023

The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $564 per ton in December 2023, waning by -2% against the previous month. Overall, the import price showed a slight downturn. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 160% month-to-month. Over the period under review, average import prices hit record highs at $651 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, 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.

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada

In 2022, exports of vegetables; potatoes (other than seed), fresh or chilleds from Canada surged to 578K tons, with an increase of 35% on the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $397M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19024925138026.0%
Others11.210.911.817.315.6%
Total20226026339725.3%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Canada in 2022:

  1. United States (545.5K tons)

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada

In 2022, imports of vegetables; potatoes (other than seed), fresh or chilleds into Canada fell markedly to 143K tons, waning by -35.1% against 2021. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 220K tons, and then reduced rapidly in the following year.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds dropped notably to $79M in 2022. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16%.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10181.794.778.7-8.0%
OthersN/AN/AN/AN/A0%
Total10181.794.778.7-8.0%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Canada in 2022:

  1. United States (143.0K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; potatoes (other than seed), fresh or chilled - Canada