Canada: Apricot Market 2025

Apricot Market Size in Canada

The Canadian apricot market dropped to $X in 2022, waning by -5.7% against the previous year. Overall, consumption recorded a slight curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Apricot Production in Canada

In value terms, apricot production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, posted noticeable growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 139%. Apricot production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average apricot yield in Canada fell to X tons per ha, waning by -7.2% against the previous year's figure. In general, the yield indicated a noticeable increase from 2012 to 2022: its figure increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, apricot yield increased by +7.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 58%. The apricot yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the 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.

In 2022, the total area harvested in terms of apricots production in Canada expanded markedly to X ha, with an increase of 5.3% compared with the previous year's figure. Over the period under review, the harvested area, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 9.7% against the previous year. Over the period under review, the harvested area dedicated to apricot production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Apricot Exports

Exports from Canada

In 2022, the amount of apricots exported from Canada reduced remarkably to X tons, shrinking by -20.4% on 2021 figures. In general, exports faced a sharp curtailment. The growth pace was the most rapid in 2017 when exports increased by 372% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, apricot exports expanded slightly to $X in 2022. Over the period under review, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,173% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for apricot exports from Canada, accounting for a 67% share of total exports. Moreover, apricot exports to the United States exceeded the volume sent to the second major destination, Saint Pierre and Miquelon (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Pierre and Miquelon (+17.4% per year) and France (-7.7% per year).

In value terms, the United States ($X) remains the key foreign market for apricots exports from Canada, comprising 81% of total exports. The second position in the ranking was held by Saint Pierre and Miquelon ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Pierre and Miquelon (+14.4% per year) and France (-12.2% per year).

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, jumping by 29% against the previous year. In general, the export price posted a measured expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 170% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced a decline.

Apricot Imports

Imports into Canada

In 2022, the amount of apricots imported into Canada contracted markedly to X tons, which is down by -24.7% against the year before. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by 26%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, apricot imports contracted to $X in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest apricot supplier to Canada, with a 88% share of total imports. Moreover, apricot imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -7.0%.

In value terms, the United States ($X) constituted the largest supplier of apricots to Canada, comprising 86% of total imports. The second position in the ranking was taken by Chile ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -5.8%.

Import Prices by Country

In 2022, the average apricot import price amounted to $X per ton, surging by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.3%).

Source: IndexBox Platform

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