Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (CIF) - 2023
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (CIF) - 2023

In December 2023, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $2,258 per ton, dropping by -11.8% against the previous month. Over the period under review, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in May 2023 when the average import price increased by 28% against the previous month. Over the period under review, average import prices attained the maximum at $3,418 per ton in June 2023; however, from July 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($3,533 per ton), while the price for Belgium ($1,779 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 (+1.7%), while the prices for the other major suppliers experienced a decline.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,950 per ton in 2022, rising by 2.8% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +69.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.9% per year.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada

In 2022, overseas purchases of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -8.8% to 12K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds rose slightly to $28M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 3.4% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.013.715.014.02.5%
Mexico8.89.69.010.56.1%
Guatemala1.11.92.62.226.0%
Belgium0.70.50.40.70.0%
Netherlands1.30.60.20.4-32.5%
Others0.5N/AN/AN/A0%
Total25.426.227.127.83.1%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Canada in 2022:

  1. United States (5.7K tons)
  2. Mexico (4.7K tons)
  3. Guatemala (0.7K tons)
  4. Belgium (0.3K tons)
  5. Netherlands (0.1K tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada

Exports of vegetables, brassica; brussel sprouts, fresh or chilleds from Canada surged to 1.1K tons in 2022, picking up by 31% against the year before. Overall, exports, however, showed a abrupt slump.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds surged to $3.2M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern indicated some 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.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.13.02.33.21.1%
OthersN/AN/AN/AN/A0%
Total3.13.02.33.21.1%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Canada in 2022:

  1. United States (1066.8 tons)

Source: IndexBox Market Intelligence Platform

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