Global Canary Seed Market Overview 2021

Canary Seed Market Size

The global canary seed market rose sharply to $X in 2019, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Global consumption peaked at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Canary Seed Production

In value terms, canary seed production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, global production hit record highs at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

The country with the largest volume of canary seed production was Canada (X tonnes), accounting for X% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), fivefold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Canada amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Argentina (+X% per year).

In 2019, the global average yield of canary seed reached X tonnes per ha, picking up by X% compared with the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha; afterwards, it flattened through to 2019. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of canary seed production worldwide dropped slightly to X ha, with a decrease of -X% against 2018 figures. Overall, the harvested area showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The global harvested area peaked at X ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.

Production By Country

Canada (X tonnes) remains the largest canary seed producing country worldwide, accounting for X% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), fivefold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

In Canada, canary seed production declined by an average annual rate of -X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Argentina (+X% per year).

Canary Seed Exports

Exports

In 2019, the amount of canary seed exported worldwide stood at X tonnes, surging by X% against the previous year. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth of global exports remained at a lower figure.

In value terms, canary seed exports reached $X in 2019. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, global exports hit record highs at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Canada dominates canary seed exports structure, recording X tonnes, which was near X% of total exports in 2019. It was distantly followed by Argentina (X tonnes), mixing up a X% share of total exports. The following exporters - Egypt (X tonnes), the Netherlands (X tonnes), India (X tonnes) and Belgium (X tonnes) - each accounted for a X% share of total exports.

Canada experienced a relatively flat trend pattern with regard to volume of exports of canary seed. At the same time, Egypt (+X%), India (+X%), the Netherlands (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. By contrast, Belgium (-X%) illustrated a downward trend over the same period. Argentina (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the global exports, while Belgium saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest canary seed supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

In Canada, canary seed exports remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Egypt (+X% per year).

Export Prices by Country

The average canary seed export price stood at $X per tonne in 2019, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. Global export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, major exporting countries recorded the following prices: in Belgium ($X per tonne) and the Netherlands ($X per tonne), while India ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Canary Seed Imports

Imports

In 2019, supplies from abroad of canary seed increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth of global imports failed to regain the momentum.

In value terms, canary seed imports expanded remarkably to $X in 2019. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Global imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Mexico (X tonnes), Brazil (X tonnes) and Belgium (X tonnes) was the main importer of canary seed in the world, committing X% of total import. Spain (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Indonesia (X%) and Colombia (X%). The following importers - the U.S. (X tonnes), Italy (X tonnes), Egypt (X tonnes), Algeria (X tonnes), Libya (X tonnes), Portugal (X tonnes) and the United Arab Emirates (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in Egypt, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest canary seed importing markets worldwide were Mexico ($X), Belgium ($X) and Brazil ($X), together comprising X% of global imports. Colombia, Indonesia, Spain, Italy, the U.S., Egypt, Algeria, Libya, Portugal and the United Arab Emirates lagged somewhat behind, together accounting for a further X terms of the main importing countries, Egypt recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average canary seed import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Libya ($X per tonne) and the United Arab Emirates ($X per tonne), while Mexico ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canary seed in the world?

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The countries with the highest volumes of canary seed consumption in 2019 were Thailand (37K tonnes), Mexico (37K tonnes) and Brazil (29K tonnes), with a combined 39% share of global consumption. These countries were followed by Belgium, Argentina, Spain, Indonesia, Colombia, Italy, the U.S., Australia, Algeria and Uruguay, which together accounted for a further 37%.

What are the largest producers of canary seed in the world?

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The country with the largest volume of canary seed production was Canada (172K tonnes), accounting for 64% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand (37K tonnes), fivefold. Argentina (27K tonnes) ranked third in terms of total production with a 10% share.

What are the leading exporters of canary seed in the world?

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In value terms, Canada ($87M) remains the largest canary seed supplier worldwide, comprising 80% of global exports. The second position in the ranking was occupied by Argentina ($8.6M), with a 7.8% share of global exports. It was followed by Egypt, with a 2.5% share.

What are the leading importers of canary seed in the world?

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In value terms, Mexico ($18M), Belgium ($15M) and Brazil ($15M) were the countries with the highest levels of imports in 2019, with a combined 44% share of global imports. These countries were followed by Colombia, Indonesia, Spain, Italy, the U.S., Egypt, Algeria, Libya, Portugal and the United Arab Emirates, which together accounted for a further 36%.

What is the average export price for canary seed in the world?

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The average canary seed export price stood at $526 per tonne in 2019, surging by 2.9% against the previous year.

What is the average import price for canary seed in the world?

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In 2019, the average canary seed import price amounted to $539 per tonne, surging by 1.8% against the previous year.