Price for Fruit, Edible; Apples, Dried in Canada - 2023

Contents:

1. Price for Fruit, Edible; Apples, Dried in Canada (CIF) - 2023
2. Price for Fruit, Edible; Apples, Dried in Canada (FOB) - 2022
3. Imports of Fruit, Edible; Apples, Dried in Canada
4. Exports of Fruit, Edible; Apples, Dried in Canada

Price for Fruit, Edible; Apples, Dried in Canada (CIF) - 2023

The average fruit, edible; apples, dried import price stood at $8,255 per ton in June 2023, approximately equating the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 72% against the previous month. Over the period under review, average import prices hit record highs at $8,710 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($18,107 per ton), while the price for Chile ($7,136 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 China (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Fruit, Edible; Apples, Dried in Canada (FOB) - 2022

The average fruit, edible; apples, dried export price stood at $5,674 per ton in 2022, growing by 91% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 161% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,300 per ton), while the average price for exports to Swaziland ($1,153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fruit, Edible; Apples, Dried in Canada

In 2022, the amount of fruit, edible; apples, dried imported into Canada expanded remarkably to 1.9K tons, picking up by 6.2% on the previous year's figure. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 7.7% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, fruit, edible; apples, dried imports rose rapidly to $13M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Fruit, Edible; Apples, Dried to Canada in 2022:

1. United States (1184.9 tons)
2. Chile (544.3 tons)
3. China (78.9 tons)
4. Turkey (63.3 tons)

Exports of Fruit, Edible; Apples, Dried in Canada

In 2022, approx. 32 tons of fruit, edible; apples, dried were exported from Canada; with a decrease of -69.5% against 2021. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 191%. As a result, the exports attained the peak of 106 tons, and then declined rapidly in the following year.

In value terms, fruit, edible; apples, dried exports fell significantly to $183K in 2022. Overall, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, the exports attained the peak of $316K, and then contracted remarkably in the following year.

Top Export Markets for Fruit, Edible; Apples, Dried from Canada in 2022:

1. United States (23.3 tons)
2. Philippines (4.5 tons)
3. Paraguay (2.0 tons)
4. Swaziland (1.4 tons)
5. Hong Kong SAR (1.0 tons)

Source: IndexBox Market Intelligence Platform