Canada: Casein And Caseinates Market 2025

Casein And Caseinates Market Size in Canada

In 2022, the Canadian casein and caseinates market increased by 21% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, saw a drastic downturn. Casein and caseinates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Casein And Caseinates Production in Canada

In value terms, casein and caseinates production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 75%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Canada

In 2022, shipments abroad of casein and caseinates decreased by -40.9% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 86,534%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, casein and caseinates exports dropped notably to $X in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2013 with an increase of 5,157%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for casein and caseinates exports from Canada, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +157.4%.

In value terms, China ($X) also remains the key foreign market for casein and caseinates exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +162.5%.

Export Prices by Country

In 2022, the average casein and caseinates export price amounted to $X per ton, with an increase of 1.8% against the previous year. Overall, the export price, however, continues to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 178% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.0% per year.

Casein And Caseinates Imports

Imports into Canada

In 2022, the amount of casein and caseinates imported into Canada fell markedly to X tons, waning by -23% on the previous year's figure. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, casein and caseinates imports declined slightly to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Argentina (X tons), France (X tons) and Ireland (X tons) were the main suppliers of casein and caseinates imports to Canada, with a combined 66% share of total imports. New Zealand, the United States, Germany, India and the Netherlands lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +13.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest casein and caseinates suppliers to Canada were Argentina ($X), Ireland ($X) and France ($X), with a combined 65% share of total imports. New Zealand, Germany, the United States, India and the Netherlands lagged somewhat behind, together comprising a further 35%.

Among the main suppliers, India, with a CAGR of +20.8%, 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 2022, the average casein and caseinates import price amounted to $X per ton, jumping by 25% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein and caseinates import price increased by +78.3% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and the Netherlands ($X per ton), while the price for New Zealand ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :