What is the price of mace per kilogram/pound in Canada today?
The retail price range for Canada mace is between US$ 8.11 and US$ 14.80 per kilogram or between US$ 3.68 and US$ 6.71 per pound(lb). Click here to see today's exact prices of mace in Canada
The retail price range in Canadian Dollar for mace is between CAD 10.95 and CAD 19.97 per kilogram or between CAD 4.96 and CAD 9.06 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada mace is between US$ 5.68 and US$ 10.36 per kilogram or between US$ 2.57 and US$ 4.70 per pound(lb).
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Canada Mace Export Prices - Historical, Trends and Prediction
The export price of Mace from Canada has seen a significant fluctuation over the past five years. In 2016, the price per kilogram was 1.82 US dollars, which dropped to 1.78 US dollars in 2018. However, the price rose to 2.45 US dollars in 2019 and then skyrocketed to 24.56 US dollars in 2020. The price has continued to increase in 2021 and 2022, reaching 25.12 US dollars and 26.81 US dollars respectively. Based on this trend, it is predicted that the export price of Mace from Canada will be around 28.50 US dollars in 2023 and 30.30 US dollars in 2024.Canada Mace Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mace into Canada over the last five years has seen a significant decrease. In 2012, the price was 20.20 US dollars per kg, but by 2016, it had dropped to 1.82 US dollars per kg. This downward trend continued in 2017, when the price was 2.11 US dollars per kg, and in 2018, when it was 1.78 US dollars per kg. However, in 2019, the price rose to 2.45 US dollars per kg, and in 2020, it skyrocketed to 24.56 US dollars per kg. This year, 2021, the price is 25.12 US dollars per kg, and it is expected to increase further to 26.81 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Mace into Canada will be 27.41 US dollars per kg in 2023 and 28.02 US dollars per kg in 2024.Export values for Canada mace
The total values in export for mace in Canada were US$ 207, US$ 139, US$ 174 and US$ 274 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Canada: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Cardamom, Anise & Coriander seeds.
See prices of mace in other countries across North America: Canada mace, US mace, Anguilla mace, Antigua and Barbuda mace, Bermuda mace, Bonaire, Sint Eustatius and Saba mace, St.Pierre and Miquelon mace, United States Minor Outlying Islands mace, Cayman Islands mace & Greenland mace.
Canada mace - Production, Exports, Imports, Seasons and HS Codes
The volume of mace sold by Canada in 2020 was 16 tons. In 2019 Canada sold 112 tonnes of mace. In 2019 alone, the demand for Canada mace (herbs and spices category) has gone up, with a change of 14.286 pc compared to the year 2018. Between 2017 and 2019, mace's exports increased by 69.7 percent netting the exporter US$0.27m for the year 2019. Canada's mace exports are categorised as:
- Mace (HS code 090820)
- Mace, crushed or ground (HS code 090822)
- Mace, neither crushed nor ground (HS code 090821)
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Canada mace export values
In 2019, Canada sold mace costing 0.27m USD, a growth of 55.17% from 2018's total mace export of 0.174m USD. The yearly change in value of Canada mace between 2017 to 2018 was 25.18 per cent.
The annual/yearly variation in the amount of Canada's mace exports between 2017 and 2019 was 69.7 per cent when compared to a variation of 14.286% in the growth rate between 2018 and 2019.
Export markets for Canada mace ( in '000$ )
Canada purchased 84 tonnes of mace in 2019.