Canada: Maltodextrine Market 2024

Maltodextrine Market Size in Canada

The Canadian maltodextrine market soared to $X in 2023, with an increase of X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. Maltodextrine consumption peaked in 2023 and is expected to retain growth in the immediate term.

Maltodextrine Production in Canada

In value terms, maltodextrine production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Maltodextrine Exports

Exports from Canada

After three years of growth, shipments abroad of maltodextrine and maltodextine syrup decreased by X% to X tons in 2023. Over the period under review, exports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2022, and then fell dramatically in the following year.

In value terms, maltodextrine exports declined to $X in 2023. Overall, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then contracted in the following year.

Exports by Country

The United States (X tons) was the main destination for maltodextrine exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for maltodextrine and maltodextine syrup exports from Canada.

From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%.

Export Prices by Country

In 2023, the average maltodextrine export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, maltodextrine export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2023 and is likely to continue growth in years to come.

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

From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.

Maltodextrine Imports

Imports into Canada

In 2023, approx. X tons of maltodextrine and maltodextine syrup were imported into Canada; rising by X% on 2022 figures. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2023 and are likely to see gradual growth in years to come.

In value terms, maltodextrine imports rose modestly to $X in 2023. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2023, the United States (X tons) constituted the largest maltodextrine supplier to Canada, with a X% share of total imports. Moreover, maltodextrine imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of maltodextrine and maltodextine syrup to Canada, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2023, the average maltodextrine import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform