Canada - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Powdered, Evaporated and Condensed Milk in Canada - 2023
Contents:
- Price for Powdered, Evaporated and Condensed Milk in Canada (FOB) - 2022
- Price for Powdered, Evaporated and Condensed Milk in Canada (CIF) - 2022
- Exports of Powdered, Evaporated and Condensed Milk in Canada
- Imports of Powdered, Evaporated and Condensed Milk in Canada
Price for Powdered, Evaporated and Condensed Milk in Canada (FOB) - 2022
In 2022, the average export price for powdered, evaporated and condensed milk amounted to $3,248 per ton, growing by 21% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs at $3,642 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($3,710 per ton) and the United Arab Emirates ($3,566 per ton), while the average price for exports to Germany ($2,519 per ton) and the United States ($2,838 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered, Evaporated and Condensed Milk in Canada (CIF) - 2022
In 2022, the average import price for powdered, evaporated and condensed milk amounted to $2,467 per ton, growing by 9.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,665 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($2,912 per ton), while the price for the United States stood at $2,460 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.1%).
Exports of Powdered, Evaporated and Condensed Milk in Canada
In 2022, shipments abroad of powdered, evaporated and condensed milk was finally on the rise to reach 31K tons after two years of decline. In general, exports, however, showed a deep contraction.
In value terms, powdered, evaporated and condensed milk exports skyrocketed to $101M in 2022. Over the period under review, exports, however, showed a pronounced slump.
| Export of Powdered, Evaporated and Condensed Milk in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 22.8 | 22.2 | 11.5 | 35.9 | 16.3% |
| Algeria | 20.9 | 18.2 | 13.7 | 23.5 | 4.0% |
| Philippines | 7.1 | 4.8 | 5.2 | 8.3 | 5.3% |
| Saudi Arabia | 0.8 | 3.0 | 0.2 | 4.8 | 81.7% |
| Jamaica | 3.3 | 3.4 | 5.9 | 4.3 | 9.2% |
| Mexico | 5.2 | 2.1 | 0.6 | 4.3 | -6.1% |
| United Arab Emirates | 2.1 | 5.6 | 2.5 | 4.2 | 26.0% |
| Germany | 0.3 | 0.2 | N/A | 2.6 | 105.4% |
| Morocco | 0.9 | N/A | N/A | 1.7 | 23.6% |
| United States | 1.2 | 0.7 | 1.3 | 1.5 | 7.7% |
| Indonesia | 6.8 | 3.9 | 3.1 | 0.5 | -58.1% |
| Vietnam | 9.4 | 15.8 | 1.5 | N/A | -60.1% |
| Malaysia | 5.4 | 1.0 | N/A | N/A | -81.5% |
| Others | 20.5 | 15.1 | 7.7 | 9.0 | -24.0% |
| Total | 107 | 96.1 | 53.2 | 101 | -1.9% |
Top Export Markets for Powdered, Evaporated and Condensed Milk from Canada in 2022:
- Vietnam (undefinedK tons)
- Egypt (11.1K tons)
- Algeria (6.7K tons)
- Philippines (2.9K tons)
- Jamaica (1.5K tons)
- Saudi Arabia (1.4K tons)
- Mexico (1.2K tons)
- United Arab Emirates (1.2K tons)
- Germany (1.0K tons)
- United States (0.5K tons)
- Morocco (0.5K tons)
- Indonesia (0.1K tons)
Imports of Powdered, Evaporated and Condensed Milk in Canada
In 2022, approx. 6.1K tons of powdered, evaporated and condensed milk were imported into Canada; falling by -8.1% against the previous year's figure. Over the period under review, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9%.
In value terms, powdered, evaporated and condensed milk imports stood at $15M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Powdered, Evaporated and Condensed Milk in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.0 | 11.1 | 14.1 | 14.4 | 3.5% |
| New Zealand | 0.3 | 0.9 | 0.2 | 0.6 | 26.0% |
| Others | 0.2 | 0.7 | 0.6 | N/A | 73.2% |
| Total | 13.5 | 12.6 | 15.0 | 15.1 | 3.8% |
Top Suppliers of Powdered, Evaporated and Condensed Milk to Canada in 2022:
- United States (5.9K tons)
- New Zealand (0.2K tons)
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk 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:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
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
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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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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Canada.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Canada.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Canada.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Canada.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Canada.
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This report provides an in-depth analysis of the powdered milk market in Canada.
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This report provides an in-depth analysis of the skim powdered milk market in Canada.
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This report provides an in-depth analysis of the whole powdered milk market in Canada.
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This report provides an in-depth analysis of the global market for powdered, evaporated and condensed milk.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
240
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
1313
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1711
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
308
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
67
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
240
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
1313
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1711
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
308
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
67
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
