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Canada - Tapioca And Substitutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapioca and Substitutes Price in Canada - 2023
Contents:
- Tapioca and Substitutes Price in Canada (CIF) - 2023
- Tapioca and Substitutes Price in Canada (FOB) - 2022
- Tapioca and Substitutes Imports in Canada
- Tapioca and Substitutes Exports in Canada
Tapioca and Substitutes Price in Canada (CIF) - 2023
The average tapioca and substitutes import price stood at $2,214 per ton in June 2023, growing by 13% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 when the average import price increased by 95% against the previous month. As a result, import price reached the peak level of $2,698 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($4,177 per ton), while the price for China ($931 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 the United States (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tapioca and Substitutes Price in Canada (FOB) - 2022
The average tapioca and substitutes export price stood at $2,177 per ton in 2022, which is down by -13.6% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 43%. Over the period under review, the average export prices attained the maximum at $2,521 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,216 per ton), while the average price for exports to Togo totaled $960 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.7%).
Tapioca and Substitutes Imports in Canada
In 2022, approx. 7.1K tons of tapioca and substitutes were imported into Canada; surging by 3.7% compared with the year before. 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tapioca and substitutes imports soared to $14M in 2022. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Tapioca and Substitutes in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 3.9 | 3.6 | 4.6 | 7.2 | 22.7% |
Thailand | 2.2 | 1.6 | 2.4 | 3.0 | 10.9% |
United States | 0.5 | 0.4 | 0.8 | 1.1 | 30.1% |
China | 0.6 | 0.6 | 0.8 | 0.9 | 14.5% |
India | 0.2 | 0.4 | 0.6 | 0.7 | 51.8% |
Brazil | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
Vietnam | 0.1 | 0.1 | 0.7 | 0.2 | 26.0% |
Cote d'Ivoire | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
Total | 8.3 | 7.5 | 11.0 | 14.1 | 19.3% |
Top Suppliers of Tapioca and Substitutes to Canada in 2022:
- Taiwan (Chinese) (3164.9 tons)
- Thailand (2274.7 tons)
- United States (496.2 tons)
- China (304.1 tons)
- Cote d'Ivoire (258.9 tons)
- India (237.2 tons)
- Vietnam (122.7 tons)
- Brazil (79.6 tons)
Tapioca and Substitutes Exports in Canada
For the fourth consecutive year, Canada recorded growth in overseas shipments of tapioca and substitutes, which increased by 1% to 50 tons in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 482%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, tapioca and substitutes exports reduced to $109K in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 586% against the previous year.
Export of Tapioca and Substitutes in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.8 | 45.4 | 117 | 108 | 151.4% |
Togo | N/A | N/A | N/A | 1.2 | 0% |
Macao SAR | N/A | N/A | 7.4 | N/A | 0% |
Others | N/A | 1.1 | 1.0 | 0.3 | -47.8% |
Total | 6.8 | 46.5 | 125 | 109 | 152.1% |
Top Export Markets for Tapioca and Substitutes from Canada in 2022:
- United States (48.7 tons)
- Togo (1.3 tons)
This report provides an in-depth analysis of the tapioca and substitutes 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 10621200 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms
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
-
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
This report provides an in-depth analysis of the tapioca and substitutes market in Canada.
This report provides an in-depth analysis of the global tapioca and substitutes market.
This report provides an in-depth analysis of the tapioca and substitutes market in Canada.
This report provides an in-depth analysis of the global tapioca and substitutes market.
In value terms, tapioca imports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
In value terms, tapioca exports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over the last nin...
In value terms, tapioca imports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
In value terms, tapioca exports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over the last nin...