Canada: Dried Grapes Market 2024

Dried Grapes Market Size in Canada

In 2022, the Canadian dried grapes market decreased by -1.1% to $X, falling for the second consecutive year after three years of growth. Overall, consumption showed a mild slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Dried Grapes Exports

Exports from Canada

In 2022, the amount of dried grapes exported from Canada surged to X tons, jumping by 57% against the previous year's figure. Over the period under review, exports, however, recorded a slight setback. The pace of growth appeared the most rapid in 2019 with an increase of 89%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, dried grapes exports soared to $X in 2022. Overall, exports posted a perceptible expansion. The most prominent rate of growth was recorded in 2019 with an increase of 72%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for dried grapes exports from Canada, with a 88% share of total exports. Moreover, dried grapes exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. Trinidad and Tobago (X tons) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-21.5% per year) and Trinidad and Tobago (+38.8% per year).

In value terms, the United States ($X) remains the key foreign market for dried grapes exports from Canada, comprising 93% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 2.5% share of total exports. It was followed by Trinidad and Tobago, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-19.8% per year) and Trinidad and Tobago (+35.9% per year).

Export Prices by Country

In 2022, the average dried grapes export price amounted to $X per ton, falling by -16.4% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried grapes export price decreased by -26.9% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 46% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($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 Guyana (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Grapes Imports

Imports into Canada

In 2022, the amount of dried grapes imported into Canada dropped modestly to X tons, waning by -3.8% against the year before. In general, imports saw a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, dried grapes imports rose modestly to $X in 2022. Over the period under review, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 5.5% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), the United States (X tons) and South Africa (X tons) were the main suppliers of dried grapes imports to Canada, together accounting for 89% of total imports. Iran, China, Afghanistan and Chile lagged somewhat behind, together comprising a further 8%.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Turkey ($X) and South Africa ($X) constituted the largest dried grapes suppliers to Canada, together comprising 89% of total imports. Iran, Afghanistan, China and Chile lagged somewhat behind, together accounting for a further 7.7%.

Afghanistan, with a CAGR of +20.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried grapes import price amounted to $X per ton, rising by 6.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 45% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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