Global Canary Seed Market Overview
In value terms, canary seed production reached $ in 2019 estimated in export prices. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by % year-to-year. Global production peaked at $ in 2011; however, from 2012 to 2019, production remained at a lower figure.
Canada ( tonnes) constituted the country with the largest volume of canary seed production, accounting for % of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand ( tonnes), fivefold. The third position in this ranking was occupied by Argentina ( tonnes), with a % share.
In Canada, canary seed production contracted by an average annual rate of -% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+% per year) and Argentina (+% per year).
The global average canary seed yield expanded markedly to tonnes per ha in 2019, surging by % compared with 2018 figures. The yield figure increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the yield increased by % year-to-year. As a result, the yield attained the peak level of tonnes per ha. From 2012 to 2019, the growth of the average canary seed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the global harvested area of canary seed contracted to ha, with a decrease of -% compared with the year before. Over the period under review, the harvested area saw a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of % against the previous year. The global harvested area peaked at ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.
The global canary seed market value was estimated at $ in 2019, stabilizing at 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). In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Over the period under review, the global market attained the maximum level at $ in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.
From 2007 to 2019, the biggest increases were in Indonesia, while canary seed consumption for the other global leaders experienced more modest paces of growth.
In value terms, Thailand ($) led the market, alone. The second position in the ranking was occupied by Brazil ($). It was followed by Belgium.
From 2007 to 2019, the average annual rate of growth in terms of value in Thailand amounted to +%. In the other countries, the average annual rates were as follows: Brazil (+% per year) and Belgium (+% per year).
In 2019, the highest levels of canary seed per capita consumption was registered in Belgium ( kg per persons), followed by Thailand ( kg per persons), Spain ( kg per persons) and Argentina ( kg per persons), while the world average per capita consumption of canary seed was estimated at kg per persons.
From 2007 to 2019, the average annual rate of growth in terms of the canary seed per capita consumption in Belgium stood at +%. In the other countries, the average annual rates were as follows: Thailand (+% per year) and Spain (-% per year).