Canada: Preserved Asparagus Market 2025

Preserved Asparagus Market Size in Canada

The Canadian preserved asparagus market expanded sharply to $X in 2022, increasing by 5.1% against the previous year. Overall, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Preserved Asparagus Production in Canada

In value terms, preserved asparagus production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 112% against the previous year. Preserved asparagus production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Preserved Asparagus Exports

Exports from Canada

In 2022, the amount of preserved asparagus exported from Canada surged to X kg, picking up by 124% compared with the previous year's figure. Overall, exports, however, recorded a precipitous setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X kg) and Saint Pierre and Miquelon (X kg) were the main destinations of preserved asparagus exports from Canada.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of -2.3%).

In value terms, France ($X) and Saint Pierre and Miquelon ($X) constituted the largest markets for preserved asparagus exported from Canada worldwide.

France, with a CAGR of -8.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average preserved asparagus export price stood at $X per ton in 2022, declining by -3.9% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved asparagus export price increased by +2.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 114%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Saint Pierre and Miquelon ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Pierre and Miquelon (-3.2%), while the prices for the other major destinations experienced a decline.

Preserved Asparagus Imports

Imports into Canada

In 2022, overseas purchases of preserved asparagus decreased by -16.6% to X tons, falling for the second consecutive year after four years of growth. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved asparagus imports contracted notably to $X in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 35% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons) was the main supplier of preserved asparagus to Canada, accounting for a 92% share of total imports. Moreover, preserved asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.4% per year) and the United States (+9.7% per year).

In value terms, Peru ($X) constituted the largest supplier of preserved asparagus to Canada, comprising 90% of total imports. The second position in the ranking was taken by China ($X), with a 4.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Peru amounted to -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.2% per year) and the United States (+10.7% per year).

Import Prices by Country

The average preserved asparagus import price stood at $X per ton in 2022, falling by -4.9% against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of 3.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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