Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada - 2022

Contents:

  1. Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada (CIF) - 2022
  2. Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada

Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada (CIF) - 2022

In 2022, the average import price for vegetables amounted to $3,553 per ton, surging by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2013 an increase of 7.3%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +4.3% per year.

Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada

In 2022, imports of vegetables into Canada reached 345 tons, picking up by 2.3% compared with the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 2.3% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of vegetables rose notably to $1.2M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco1.01.11.21.26.3%
OthersN/AN/AN/AN/A0%
Total1.01.11.21.26.3%

Top Suppliers of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Canada in 2022:

  1. Morocco (345.2 tons)

Source: IndexBox Market Intelligence Platform

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