U.S. - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanary Seed Price in the United States - 2023
Contents:
- Canary Seed Price in the United States (CIF) - 2023
- Canary Seed Price in the United States (FOB) - 2022
- Canary Seed Imports in the United States
- Canary Seed Exports in the United States
Canary Seed Price in the United States (CIF) - 2023
The average canary seed import price stood at $794 per ton in August 2023, with a decrease of -2.3% against the previous month. In general, the import price saw a mild decrease. The growth pace was the most rapid in February 2023 an increase of 32% month-to-month. The import price peaked at $1,114 per ton in September 2022; however, from October 2022 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to -1.6% per month.
Canary Seed Price in the United States (FOB) - 2022
The average canary seed export price stood at $949 per ton in 2022, picking up by 11% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canary seed export price increased by +68.3% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($954 per ton), while the average price for exports to Canada stood at $820 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Canary Seed Imports in the United States
After three years of growth, supplies from abroad of canary seed decreased by -5.6% to 7.9K tons in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 5.5% against the previous year.
In value terms, canary seed imports skyrocketed to $7.8M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.5% 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 +88.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Canary Seed in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 4.2 | 4.9 | 6.3 | 7.8 | 22.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.2 | 4.9 | 6.3 | 7.8 | 22.9% |
Top Suppliers of Canary Seed to the United States in 2022:
- Canada (7.8K tons)
Canary Seed Exports in the United States
In 2022, after three years of growth, there was significant decline in shipments abroad of canary seed, when their volume decreased by -17.8% to 2.3K tons. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 82%.
In value terms, canary seed exports reduced to $2.2M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year.
Export of Canary Seed in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 0.7 | 1.4 | 2.4 | 2.1 | 44.2% |
Canada | N/A | N/A | N/A | 0.1 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.8 | 1.4 | 2.4 | 2.2 | 40.1% |
Top Export Markets for Canary Seed from the United States in 2022:
- Mexico (2156.9 tons)
- Canada (133.4 tons)
This report provides an in-depth analysis of the canary seed market in the U.S.. 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:
- FCL 101 - Canary seed
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
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Imports of Canary Seed decreased significantly to $446K in July 2023 in terms of value.
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