Report Canada - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Canada - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Cheese And Curd Market 2022

Cheese And Curd Market Size in Canada

In 2021, after five years of growth, there was decline in the Canadian cheese and curd market, when its value decreased by -2.9% to $X. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Cheese And Curd Production in Canada

In value terms, cheese and curd production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +50.7% against 2015 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 22% against the previous year. Cheese and curd production peaked at $X in 2020, and then fell in the following year.

Cheese And Curd Exports

Exports from Canada

In 2021, approx. X tons of cheese and curd were exported from Canada; waning by -23.9% against 2020 figures. Overall, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2013 when exports increased by 17%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, cheese and curd exports fell to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 25%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for cheese and curd exports from Canada, accounting for a 72% share of total exports. Moreover, cheese and curd exports to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X tons), eightfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-16.0% per year) and the United Arab Emirates (+11.2% per year).

In value terms, the United States ($X) remains the key foreign market for cheese and curd exports from Canada, comprising 82% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 6% share of total exports. It was followed by the United Arab Emirates, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-14.2% per year) and the United Arab Emirates (+10.4% per year).

Export Prices by Country

In 2021, the average cheese and curd export price amounted to $X per ton, rising by 30% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cheese and curd export price increased by +77.7% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Canada

In 2021, purchases abroad of cheese and curd decreased by -6.9% to X tons for the first time since 2017, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 18%. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank in the following year.

In value terms, cheese and curd imports surged to $X in 2021. Overall, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.4% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), the United States (X tons) and France (X tons) were the main suppliers of cheese and curd imports to Canada, with a combined 55% share of total imports. The UK, the Netherlands, Ireland, Denmark, Greece, Switzerland, Australia, New Zealand, Germany and Bulgaria lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +192.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cheese and curd suppliers to Canada were Italy ($X), the United States ($X) and France ($X), together comprising 59% of total imports. These countries were followed by Switzerland, the Netherlands, the UK, Denmark, Ireland, Germany, Australia, Greece, New Zealand and Bulgaria, which together accounted for a further 37%.

In terms of the main suppliers, Ireland, with a CAGR of +200.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cheese and curd import price amounted to $X per ton, growing by 27% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese and curd in the world?
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The country with the largest volume of cheese and curd consumption was the United States, comprising approx. 25% of total volume. Moreover, cheese and curd consumption in the United States exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was held by France, with a 6.2% share.
What are the largest producers of cheese and curd in the world?
+
The country with the largest volume of cheese and curd production was the United States, comprising approx. 27% of total volume. Moreover, cheese and curd production in the United States exceeded the figures recorded by the second-largest producer, Germany, threefold. France ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of cheese and curd to Canada?
+
In value terms, the largest cheese and curd suppliers to Canada were Italy, the United States and France, together accounting for 59% of total imports. Switzerland, the Netherlands, the UK, Denmark, Ireland, Germany, Australia, Greece, New Zealand and Bulgaria lagged somewhat behind, together accounting for a further 37%.
What are the leading importers of cheese and curd from Canada?
+
In value terms, the United States remains the key foreign market for cheese and curd exports from Canada, comprising 82% of total exports. The second position in the ranking was taken by Saudi Arabia, with a 6% share of total exports. It was followed by the United Arab Emirates, with a 2.1% share.
What is the average export price for cheese and curd in Canada?
+
The average cheese and curd export price stood at $7,280 per ton in 2021, jumping by 30% against the previous year.
What is the average import price for cheese and curd in Canada?
+
In 2021, the average cheese and curd import price amounted to $6,193 per ton, growing by 27% against the previous year.

This report provides an in-depth analysis of the cheese and curd 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:
• FCL 901 - Cheese from Whole Cow Milk
• FCL 904 - Cheese from Skimmed Cow Milk
• FCL 905 - Whey Cheese
• FCL 907 - Processed Cheese
• FCL 955 - Cheese of Buffalo Milk
• FCL 984 - Cheese of Sheep Milk
• FCL 1021 - Cheese of Goat Milk
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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