Preserved Tomato Market Overview in Canada
In value terms, preserved tomato production expanded rapidly to $ in estimated in export prices. Overall, production, however, showed a mild slump. The pace of growth was the most pronounced in 2014 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production stood at a somewhat lower figure.
The revenue of the preserved tomato market in Canada reached $ in , increasing 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 ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the market value increased by % against the previous year. Over the period under review, the market reached the peak level in and is likely to continue growth in the immediate term.