Canada - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCanada Sees 9% Drop in Casein and Caseinates Imports, Totaling $16M in 2023
Canada Casein And Caseinates Imports
In 2023, the amount of casein and caseinates imported into Canada reduced remarkably to 1.2K tons, which is down by -16.9% against the year before. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked at 5.2K tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, casein and caseinates imports fell to $16M (IndexBox estimates) in 2023. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Imports peaked at $51M in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Casein And Caseinates in Canada (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| France | 1.8 | 1.5 | 2.1 | 1.1 | 1.4 | 1.7 | 2.0 | 1.5 | 3.0 | 3.3 | 3.6 |
| Ireland | 2.6 | 1.7 | 1.8 | 0.8 | 0.7 | 0.8 | 1.0 | 3.1 | 2.5 | 3.5 | 2.8 |
| Argentina | 37.1 | 22.0 | 27.5 | 15.9 | 7.0 | 0.8 | 3.6 | 2.4 | 3.4 | 4.4 | 2.5 |
| New Zealand | 0.9 | 6.9 | 1.4 | 3.1 | 4.2 | 2.1 | 0.9 | 0.9 | 4.7 | 1.8 | 2.4 |
| India | 2.0 | 1.0 | 1.0 | 0.2 | N/A | N/A | N/A | N/A | N/A | 1.2 | 2.1 |
| United States | 0.7 | 1.5 | 0.8 | 0.9 | 0.5 | 0.5 | 0.8 | 0.9 | 1.0 | 1.4 | 1.3 |
| Germany | 3.9 | 16.2 | 3.3 | 1.4 | 0.7 | 2.3 | 0.9 | 0.3 | 1.2 | 1.5 | 0.5 |
| Netherlands | 0.8 | N/A | N/A | N/A | 0.9 | 5.3 | 3.0 | 0.9 | 2.2 | 0.2 | N/A |
| Others | 0.8 | 0.2 | 1.0 | 0.9 | 0.1 | N/A | 0.3 | N/A | N/A | N/A | 0.4 |
| Total | 50.6 | 51.1 | 39.0 | 24.2 | 15.5 | 13.4 | 12.5 | 9.9 | 17.9 | 17.2 | 15.7 |
Imports by Country
Argentina (276 tons), France (272 tons) and Ireland (208 tons) were the main suppliers of casein and caseinates imports to Canada, together comprising 61% of total imports. New Zealand, India, the United States, Germany and the Netherlands lagged somewhat behind, together comprising a further 37%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +7.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest casein and caseinates suppliers to Canada were France ($3.6M), Ireland ($2.8M) and Argentina ($2.5M), with a combined 56% share of total imports. New Zealand, India, the United States, Germany and the Netherlands lagged somewhat behind, together comprising a further 41%.
In terms of the main suppliers, New Zealand, with a CAGR of +9.8%, 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 2023, the casein and caseinates price amounted to $12,725 per ton (CIF, Canada), picking up by 9.6% against the previous year. Over the period under review, import price indicated a tangible expansion from 2013 to 2023: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, casein and caseinates import price increased by +95.8% against 2018 indices. The most prominent rate of growth was recorded in 2022 an increase of 25%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the near future.
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 ($16,924 per ton), while the price for Argentina ($8,979 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the casein and caseinates 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:
- Prodcom 10515300 - Casein and caseinates
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
