Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (CIF) - 2022
In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $6,559 per ton, with a decrease of -12.1% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. As a result, import price reached the peak level of $10,544 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($14,425 per ton), while the price for India ($1,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (FOB) - 2022
In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $5,194 per ton, increasing by 18% against the previous year. Over the period under review, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2021 an increase of 34%. The export price peaked at $6,373 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,353 per ton), while the average price for exports to the UK ($1,552 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 (+2.4%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada
In 2022, overseas purchases of nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by 41% to 652 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $4.3M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,114 | 1,562 | 1,852 | 2,105 | -0.1% |
| Turkey | 819 | 128 | 5.0 | 717 | -4.3% |
| South Africa | 82.5 | 271 | 602 | 658 | 99.8% |
| Thailand | 73.0 | 149 | 23.0 | 213 | 42.9% |
| China | 248 | 248 | 543 | 159 | -13.8% |
| Iran | 71.1 | 140 | 124 | 51.6 | -10.1% |
| India | 58.1 | 48.1 | 76.2 | 44.5 | -8.5% |
| Others | 179 | 222 | 219 | 328 | 22.4% |
| Total | 3,644 | 2,770 | 3,444 | 4,276 | 5.5% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Canada in 2022:
- United States (393.4 tons)
- Turkey (62.4 tons)
- South Africa (45.6 tons)
- Thailand (32.9 tons)
- China (31.8 tons)
- India (23.6 tons)
- Iran (13.3 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada
For the third year in a row, Canada recorded decline in shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, which decreased by -26.3% to 316 tons in 2022. Overall, exports showed a sharp descent. The smallest decline of -21% was in 2021.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 fell to $1.6M in 2022. Over the period under review, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 5.5%.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,203 | 1,088 | 1,365 | 1,350 | -15.1% |
| Australia | 298 | 327 | 335 | 169 | -17.2% |
| United Kingdom | 92.2 | 64.7 | 34.0 | 40.8 | -23.8% |
| Trinidad and Tobago | 67.9 | 94.1 | 9.2 | 31.8 | -22.3% |
| China | 216 | 17.4 | 28.3 | 21.1 | -53.9% |
| Hong Kong SAR | 4.6 | 1.8 | 10.2 | 9.5 | 27.3% |
| South Korea | 456 | N/A | N/A | N/A | 0% |
| Japan | 89.8 | 126 | N/A | N/A | 40.3% |
| Taiwan (Chinese) | 265 | N/A | 15.6 | N/A | -75.7% |
| Others | 84.1 | 69.4 | 89.4 | 18.8 | -39.3% |
| Total | 3,777 | 1,788 | 1,887 | 1,641 | -24.3% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Canada in 2022:
- United States (130.4 tons)
- Australia (108.8 tons)
- United Kingdom (26.3 tons)
- Trinidad and Tobago (20.3 tons)
- China (13.3 tons)
- Hong Kong SAR (6.1 tons)
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