Orange Market Overview in Canada
Market Overview
After three years of growth, the Canadian orange market decreased by -
% to $ in 2019. The market value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Orange consumption peaked at $ in 2018, and then dropped dramatically in the following year.
% to $ in 2019. The market value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Orange consumption peaked at $ in 2018, and then dropped dramatically in the following year.Consumption
In 2019, the amount of oranges consumed in Canada dropped slightly to tonnes, reducing by -% compared with 2018 figures. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the consumption volume increased by % against the previous year. Orange consumption peaked at tonnes in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.
The size of the orange market in Canada shrank dramatically to $ in 2019, reducing by -% 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. Over the period under review, the market attained the peak level at $ in 2018, and then dropped markedly in the following year.
tonnes, reducing by -% compared with 2018 figures. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the consumption volume increased by % against the previous year. Orange consumption peaked at tonnes in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.The size of the orange market in Canada shrank dramatically to $
in 2019, reducing by -% 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. Over the period under review, the market attained the peak level at $ in 2018, and then dropped markedly in the following year.Market Forecast
The orange market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eleven-year period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the eleven-year period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Trade Balance
Canada remains a net importer of orange; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report