Report Update: May 1, 2024

Canada - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Prepared Baking Powder Price in Canada - 2023

Prepared Baking Powder Price in Canada (CIF) - 2023

The average prepared baking powder import price stood at $3,304 per ton in September 2023, with an increase of 5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 34% m-o-m. The import price peaked at $4,004 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +0.1% per month.

Prepared Baking Powder Price in Canada (FOB) - 2022

The average prepared baking powder export price stood at $2,981 per ton in 2022, jumping by 53% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared baking powder export price increased by +117.4% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,789 per ton), while the average price for exports to Anguilla ($1,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Dominica (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports in Canada

In 2022, imports of prepared baking powders into Canada rose markedly to 6.1K tons, picking up by 6.3% compared with 2021 figures. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%. As a result, imports attained the peak of 6.1K tons; afterwards, it flattened through to 2022.

In value terms, prepared baking powder imports skyrocketed to $16M in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Prepared Baking Powder in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	11.0	12.4	11.4	15.1	11.1%
Mexico	N/A	N/A	N/A	0.3	0%
Others	0.5	1.0	0.8	0.3	-15.7%
Total	11.5	13.4	12.2	15.7	10.9%

Top Suppliers of Prepared Baking Powder to Canada in 2022:

United States (5.9K tons)
Mexico (0.1K tons)

Prepared Baking Powder Exports in Canada

In 2022, exports of prepared baking powders from Canada declined rapidly to 83 tons, reducing by -56% on the year before. Over the period under review, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.2% against the previous year.

In value terms, prepared baking powder exports reduced dramatically to $247K in 2022. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of -5.3% was in 2021.

Export of Prepared Baking Powder in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	180	207	196	186	1.1%
Hong Kong SAR	18.8	14.4	25.0	12.2	-13.4%
Barbados	0.2	4.5	N/A	7.8	239.1%
Netherlands	N/A	N/A	N/A	7.5	0%
Cuba	0.1	N/A	N/A	5.8	287.1%
Jamaica	40.2	31.2	30.9	4.7	-51.1%
Bermuda	N/A	N/A	N/A	3.9	0%
Philippines	2.9	11.5	12.8	3.0	1.1%
Saint Pierre and Miquelon	2.2	6.8	2.2	2.9	9.6%
Dominica	0.1	0.5	0.8	2.8	203.7%
France	1.9	2.7	1.9	2.6	11.0%
Anguilla	0.6	0.7	0.6	1.7	41.5%
Saudi Arabia	135	99.6	71.6	N/A	-27.2%
Others	168	8.5	24.3	5.7	-67.6%
Total	549	387	367	247	-23.4%

Top Export Markets for Prepared Baking Powder from Canada in 2022:

United States (38.9 tons)
Hong Kong SAR (9.1 tons)
Barbados (5.7 tons)
Netherlands (4.7 tons)
Cuba (4.3 tons)
Jamaica (3.5 tons)
Bermuda (2.9 tons)
Saint Pierre and Miquelon (2.1 tons)
Dominica (2.0 tons)
Philippines (1.9 tons)
France (1.9 tons)
Anguilla (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023