Canada: Canary Seed Market 2024

Canary Seed Market Size in Canada

The Canadian canary seed market shrank to $X in 2022, dropping by X% against the previous year. Overall, consumption showed a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Canary Seed Production in Canada

In value terms, canary seed production totaled $X in 2022 estimated in export price. In general, production showed a mild contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of canary seed in Canada shrank to X tons per ha in 2022, falling by X% against the previous year. In general, the yield indicated mild growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canary seed yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average canary seed yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The canary seed harvested area in Canada reduced to X ha in 2022, waning by X% on the year before. Over the period under review, the harvested area recorded a slight descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. The canary seed harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Canary Seed Exports

Exports from Canada

In 2022, the amount of canary seed exported from Canada fell sharply to X tons, dropping by X% on the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, canary seed exports expanded notably to $X in 2022. Overall, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for canary seed exports from Canada, with a X% share of total exports. Moreover, canary seed exports to Mexico exceeded the volume sent to the second major destination, Spain (X tons), fourfold. Algeria (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Algeria (X% per year).

In value terms, Mexico ($X) remains the key foreign market for canary seed exports from Canada, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Algeria (X% per year).

Export Prices by Country

The average canary seed export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Morocco ($X per ton) and Tunisia ($X per ton), while the average price for exports to Portugal ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Canary Seed Imports

Imports into Canada

In 2022, overseas purchases of canary seed increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of X,933% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, canary seed imports soared to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons) and Spain (X tons) were the main suppliers of canary seed imports to Canada.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%).

In value terms, the largest canary seed suppliers to Canada were the United States ($X) and Spain ($X).

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average canary seed import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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