Canada: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Canada

In 2020, the Canadian prepared frozen vegetable market decreased by -X% to $X, falling for the third year in a row after five years of growth. Overall, the total consumption indicated a mild increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Prepared Frozen Vegetable Production in Canada

In value terms, prepared frozen vegetable production dropped to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Prepared frozen vegetable production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Prepared Frozen Vegetable Exports

Exports from Canada

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, prepared frozen vegetable exports contracted significantly to $X in 2020. Over the period under review, exports, however, recorded temperate growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to the United States amounted to +X%.

In value terms, the United States ($X) remains the key foreign market for prepared frozen vegetable exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the United States stood at +X%.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the United States ($X per ton), while the average price for exports to Kuwait totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States.

Prepared Frozen Vegetable Imports

Imports into Canada

Prepared frozen vegetable imports into Canada declined significantly to X tons in 2020, waning by -X% against the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, prepared frozen vegetable imports declined sharply to $X in 2020. Overall, total imports indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the United States (X tons) constituted the largest prepared frozen vegetable supplier to Canada, with a X% share of total imports. Moreover, prepared frozen vegetable imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared frozen vegetable to Canada, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and India (+X% per year).

Import Prices by Country

The average prepared frozen vegetable import price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, import price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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