Canada - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsweetened Condensed and Evaporated Milk in Canada - 2023
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Canada (CIF) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Canada (FOB) - 2022
- Imports of Unsweetened Condensed and Evaporated Milk in Canada
- Exports of Unsweetened Condensed and Evaporated Milk in Canada
Price for Unsweetened Condensed and Evaporated Milk in Canada (CIF) - 2022
The average import price for condensed or evaporated milk (unsweetened) stood at $1,199 per ton in 2022, picking up by 20% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $1,400 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,204 per ton), while the price for Belgium stood at $1,006 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%).
Price for Unsweetened Condensed and Evaporated Milk in Canada (FOB) - 2022
In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $3,071 per ton, picking up by 42% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsweetened condensed and evaporated milk export price increased by +83.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 71%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,303 per ton), while the average price for exports to France amounted to $961 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Unsweetened Condensed and Evaporated Milk in Canada
Unsweetened condensed and evaporated milk imports into Canada contracted dramatically to 775 tons in 2022, shrinking by -46.7% on the previous year's figure. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
In value terms, unsweetened condensed and evaporated milk imports fell markedly to $930K in 2022. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $1.5M, and then fell remarkably in the following year.
| Import of Unsweetened Condensed and Evaporated Milk in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,205 | 964 | 1,423 | 907 | -9.0% |
| Belgium | 53.2 | 40.3 | 31.5 | 17.4 | -31.1% |
| Others | 10.5 | 9.7 | 3.5 | 5.3 | -20.4% |
| Total | 1,269 | 1,014 | 1,458 | 930 | -9.8% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Canada in 2022:
- United States (753.6 tons)
- Belgium (17.3 tons)
Exports of Unsweetened Condensed and Evaporated Milk in Canada
Unsweetened condensed and evaporated milk exports from Canada contracted markedly to 22 tons in 2022, falling by -68.6% on the previous year. Over the period under review, exports showed a dramatic decrease. The smallest decline of -13.1% was in 2020.
In value terms, unsweetened condensed and evaporated milk exports shrank dramatically to $67K in 2022. Overall, exports faced a sharp decrease. The smallest decline of -18.9% was in 2020.
| Export of Unsweetened Condensed and Evaporated Milk in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 240 | 186 | 139 | 65.4 | -35.2% |
| France | 4.1 | 3.3 | 2.8 | 2.1 | -20.0% |
| Thailand | 5.2 | N/A | N/A | N/A | 0% |
| China | N/A | 13.0 | 7.0 | N/A | -46.2% |
| Others | N/A | 0.4 | 3.0 | N/A | 650.0% |
| Total | 250 | 202 | 152 | 67.5 | -35.4% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Canada in 2022:
- United States (19.8 tons)
- France (2.2 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated 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 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
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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