Canada: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Canada

The Canadian market for concentrated lemon and other citrus fruit juice expanded remarkably to $X in 2021, increasing by 9.5% against the previous year. Overall, consumption showed strong growth. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Canada

In value terms, production of concentrated lemon and other citrus fruit juice amounted to $X in 2021 estimated in export price. In general, production, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 50%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Canada

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice decreased by -24.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 245% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2020, and then contracted remarkably in the following year.

In value terms, exports of concentrated lemon and other citrus fruit juice contracted to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 95% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Canada, accounting for a 91% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to the United States exceeded the volume sent to the second major destination, Saint Pierre and Miquelon (X tons), more than tenfold. The third position in this ranking was held by Bahamas (X tons), with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Pierre and Miquelon (+11.8% per year) and Bahamas (-1.4% per year).

In value terms, the United States ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Canada, comprising 85% of total exports. The second position in the ranking was taken by Saint Pierre and Miquelon ($X), with a 6.3% share of total exports. It was followed by Bahamas, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Pierre and Miquelon (+4.8% per year) and Bahamas (-7.5% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, jumping by 15% against the previous year. In general, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 53%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Bahamas ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Canada

In 2021, the amount of concentrated lemon and other citrus fruit juice imported into Canada expanded remarkably to X tons, rising by 8.2% compared with the previous year's figure. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 678% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of concentrated lemon and other citrus fruit juice totaled $X in 2021. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 29%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, the United States (X tons) constituted the largest concentrated lemon and other citrus fruit juice supplier to Canada, accounting for a 63% share of total imports. Moreover, imports of concentrated lemon and other citrus fruit juice from the United States exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. Brazil (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+5.6% per year) and Brazil (+125.5% per year).

In value terms, the United States ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Canada, comprising 62% of total imports. The second position in the ranking was taken by Argentina ($X), with a 21% share of total imports. It was followed by Brazil, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+5.4% per year) and Brazil (+107.4% per year).

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, declining by -2.2% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 493% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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