Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Canada - 2024

Contents:

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

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

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,487 per ton, falling by -10.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. The import price peaked at $1,705 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($1,512 per ton) and Spain ($1,492 per ton), while the price for Greece ($1,365 per ton) and China ($1,422 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia imported into Canada expanded slightly to 1.1K tons, picking up by 3% on the previous year. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 8%.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank to $1.7M in 2022. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,1291,2051,4551,433-12.4%
Morocco62.916324617941.7%
China47.750.17.726.8-17.5%
Others56.714197.826.6-22.3%
Total2,2971,5591,8071,665-10.2%

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

  1. Spain (960.6 tons)
  2. Morocco (122.5 tons)
  3. China (18.9 tons)

Source: IndexBox Market Intelligence Platform

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