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Canada - Cheese and curd - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Cheese And Curd Market Overview 2021

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Cheese And Curd Market Size in Canada

The Canadian cheese and curd market stood at $X in 2019, picking up by X% against the previous year. Overall, the total consumption indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in years to come.

Cheese And Curd Production in Canada

In value terms, cheese and curd production expanded notably to $X in 2019 estimated in export prices. Overall, the total production indicated a tangible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2014 indices. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in the near future.

Cheese And Curd Exports

Exports from Canada

In 2019, after two years of decline, there was significant growth in overseas shipments of cheese and curd, when their volume increased by X% to X tonnes. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, cheese and curd exports surged to $X in 2019. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for cheese and curd exports from Canada, accounting for a X% share of total exports. Moreover, cheese and curd exports to the U.S. exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), fourfold. The Philippines (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the Philippines (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for cheese and curd exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Bahamas, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Bahamas (+X% per year).

Export Prices by Country

In 2019, the average cheese and curd export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Canada

In 2019, approx. X tonnes of cheese and curd were imported into Canada; increasing by X% on the year before. Overall, total imports indicated a notable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, cheese and curd imports rose sharply to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

The U.S. (X tonnes), Italy (X tonnes) and France (X tonnes) were the main suppliers of cheese and curd imports to Canada, with a combined X% share of total imports. Switzerland, Denmark, the Netherlands and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and the U.S. ($X) were the largest cheese and curd suppliers to Canada, together comprising X% of total imports. Switzerland, Denmark, the Netherlands and Ireland lagged somewhat behind, together accounting for a further X the main suppliers, Ireland (+X% per year) saw the highest rates of growth with regard to 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 2019, the average cheese and curd import price amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of 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 Switzerland ($X per tonne), while the price for Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese and curd in the world?
+
The U.S. (6.3M tonnes) remains the largest cheese and curd consuming country worldwide, accounting for 26% of total volume. Moreover, cheese and curd consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (2.1M tonnes), threefold. France (1.4M tonnes) ranked third in terms of total consumption with a 5.9% share.
What are the largest producers of cheese and curd in the world?
+
The U.S. (6.5M tonnes) remains the largest cheese and curd producing country worldwide, accounting for 27% of total volume. Moreover, cheese and curd production in the U.S. exceeded the figures recorded by the second-largest producer, Germany (2.5M tonnes), threefold. France (1.7M tonnes) ranked third in terms of total production with a 7.2% share.
What are the leading suppliers of cheese and curd to Canada?
+
In value terms, Italy ($73M), France ($61M) and the U.S. ($56M) were the largest cheese and curd suppliers to Canada, with a combined 59% share of total imports. Switzerland, Denmark, the Netherlands and Ireland lagged somewhat behind, together comprising a further 22%.
What are the leading importers of cheese and curd from Canada?
+
In value terms, the U.S. ($40M) remains the key foreign market for cheese and curd exports from Canada, comprising 65% of total exports. The second position in the ranking was occupied by Saudi Arabia ($5M), with a 8% share of total exports. It was followed by Bahamas, with a 3.3% share.
What is the average export price for cheese and curd in Canada?
+
In 2019, the average cheese and curd export price amounted to $5,473 per tonne, surging by 4.9% against the previous year.
What is the average import price for cheese and curd in Canada?
+
The average cheese and curd import price stood at $4,576 per tonne in 2019, dropping by -2.9% against the previous year.

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

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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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