Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (FOB) - 2023
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (CIF) - 2023
In December 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,507 per ton, picking up by 6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 9.6% m-o-m. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,865 per ton), while the price for China ($1,061 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,386 per ton in December 2023, remaining stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 9.6% m-o-m. The export price peaked at $1,428 per ton in September 2023; afterwards, it flattened through to December 2023.
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 +0.7% per month.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada
In 2022, approx. 148K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into Canada; growing by 2% on the previous year. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reached $198M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable 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 Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.4 | 61.3 | 61.5 | 72.3 | 2.4% |
| China | 25.1 | 24.9 | 26.9 | 28.5 | 4.3% |
| Mexico | 19.8 | 22.4 | 18.3 | 25.1 | 8.2% |
| Belgium | 11.3 | 12.4 | 14.0 | 11.3 | 0.0% |
| Ecuador | 10.5 | 12.1 | 10.0 | 10.0 | -1.6% |
| Poland | 6.1 | 5.4 | 7.2 | 9.1 | 14.3% |
| Spain | 7.6 | 8.6 | 9.4 | 8.9 | 5.4% |
| Turkey | 0.1 | 0.3 | 3.8 | 7.4 | 319.8% |
| Others | 23.6 | 23.8 | 23.9 | 25.1 | 2.1% |
| Total | 171 | 171 | 175 | 198 | 5.0% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Canada in 2022:
- United States (52.7K tons)
- China (22.5K tons)
- Mexico (15.5K tons)
- Belgium (11.4K tons)
- Spain (8.6K tons)
- Poland (8.5K tons)
- Turkey (6.4K tons)
- Ecuador (6.2K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada
In 2022, after two years of decline, there was significant growth in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume increased by 13% to 137K tons. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $162M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 146 | 134 | 134 | 161 | 3.3% |
| Others | 0.8 | 1.8 | 1.4 | 1.0 | 7.7% |
| Total | 147 | 136 | 136 | 162 | 3.3% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Canada in 2022:
- United States (135.7K tons)
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