Canada - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in Canada - 2023
Contents:
- Lactose Price in Canada (FOB) - 2023
- Lactose Price in Canada (CIF) - 2023
- Lactose Exports in Canada
- Lactose Imports in Canada
Lactose Price in Canada (FOB) - 2023
In September 2023, the average lactose export price amounted to $819 per ton, waning by -4.7% against the previous month. Over the period under review, the export price showed a perceptible setback. The pace of growth was the most pronounced in February 2023 an increase of 5.2% month-to-month. As a result, the export price attained the peak level of $1,378 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Taiwan (Chinese) ($1,150 per ton), while the average price for exports to India ($721 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.6%), while the prices for the other major destinations experienced a decline.
Lactose Price in Canada (CIF) - 2023
The average lactose import price stood at $1,668 per ton in September 2023, growing by 9.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 32% against the previous month. As a result, import price attained the peak level of $2,687 per ton. From August 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,002 per ton), while the price for the United States ($1,360 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.
Lactose Exports in Canada
In 2022, approx. 13K tons of lactose and lactose syrup were exported from Canada; increasing by 2.7% against the previous year's figure. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 385% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, lactose exports expanded markedly to $16M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 393%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Lactose in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 2.2 | 4.9 | 6.5 | 71.9% |
| India | N/A | 1.8 | 5.2 | 5.1 | 68.3% |
| South Africa | N/A | 1.1 | 2.1 | 2.2 | 41.4% |
| Colombia | N/A | 0.3 | 1.0 | 0.9 | 73.2% |
| United States | 1.2 | 1.1 | 0.2 | 0.5 | -25.3% |
| Taiwan (Chinese) | N/A | 0.2 | 0.4 | 0.4 | 41.4% |
| China | N/A | 0.9 | 0.3 | 0.4 | -33.3% |
| Nigeria | N/A | 0.4 | 0.4 | 0.1 | -50.0% |
| Belarus | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | 0.1 | 0.4 | 0.3 | 0.3 | 44.2% |
| Total | 1.7 | 8.4 | 14.9 | 16.4 | 112.9% |
Top Export Markets for Lactose from Canada in 2022:
- Japan (4.6K tons)
- India (4.3K tons)
- South Africa (2.0K tons)
- Colombia (0.6K tons)
- China (0.3K tons)
- Taiwan (Chinese) (0.2K tons)
- United States (0.1K tons)
- Nigeria (0.1K tons)
Lactose Imports in Canada
After two years of decline, overseas purchases of lactose and lactose syrup increased by 42% to 7.5K tons in 2022. Over the period under review, imports, however, continue to indicate a pronounced slump.
In value terms, lactose imports expanded rapidly to $13M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.
| Import of Lactose in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.8 | 8.6 | 8.7 | 9.5 | -7.0% |
| Germany | 1.0 | 0.9 | 2.4 | 2.8 | 40.9% |
| China | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Others | 0.7 | 0.7 | 0.5 | 0.8 | 4.6% |
| Total | 13.5 | 10.5 | 11.7 | 13.4 | -0.2% |
Top Suppliers of Lactose to Canada in 2022:
- United States (6.6K tons)
- Germany (0.6K tons)
- China (0.1K tons)
This report provides an in-depth analysis of the lactose market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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