Canada: Fonio Market 2025

Fonio Market Size in Canada

The Canadian fonio market skyrocketed to $X in 2022, increasing by 106% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt contraction. Fonio consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fonio Exports

Exports from Canada

For the eighth consecutive year, Canada recorded growth in overseas shipments of fonio, which increased by 90% to X tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,132%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, fonio exports surged to $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 725% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for fonio exports from Canada, accounting for a 96% share of total exports. Moreover, fonio exports to the United States exceeded the volume sent to the second major destination, Senegal (X kg), more than tenfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United States totaled +99.5%.

In value terms, the United States ($X) remains the key foreign market for fonio exports from Canada, comprising 96% of total exports. The second position in the ranking was held by Senegal ($X), with a 4.2% share of total exports.

From 2013 to 2022, the average annual growth rate of value to the United States stood at +49.7%.

Export Prices by Country

In 2022, the average fonio export price amounted to $X per ton, shrinking by -1.9% against the previous year. Over the period under review, the export price saw a abrupt decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Senegal stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-25.0%).

Fonio Imports

Imports into Canada

Fonio imports into Canada surged to X tons in 2022, picking up by 112% on 2021 figures. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 188% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fonio imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by 203% against the previous year. Over the period under review, imports attained the peak figure 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 fonio supplier to Canada, with a 72% share of total imports. Moreover, fonio imports from the United States exceeded the figures recorded by the second-largest supplier, Senegal (X tons), fourfold. Guinea (X kg) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+20.6% per year) and Guinea (+15.3% per year).

In value terms, the United States ($X) constituted the largest supplier of fonio to Canada, comprising 67% of total imports. The second position in the ranking was taken by Senegal ($X), with an 18% share of total imports. It was followed by Guinea, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+18.8% per year) and Guinea (+16.8% per year).

Import Prices by Country

In 2022, the average fonio import price amounted to $X per ton, dropping by -11% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fonio import price decreased by -24.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 116% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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