Canada: Market for Flaked or Rolled Cereals 2025

Market Size for Flaked or Rolled Cereals in Canada

The Canadian flaked or rolled cereal market stood at $X in 2022, with an increase of 11% against the previous year. Over the period under review, consumption saw prominent growth. Flaked or rolled cereal consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Flaked or Rolled Cereals in Canada

In value terms, flaked or rolled cereal production expanded to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 51%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Flaked or Rolled Cereals

Exports from Canada

In 2022, approx. X tons of flaked or rolled cereals were exported from Canada; growing by 3.9% compared with 2021 figures. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, flaked or rolled cereal exports soared to $X in 2022. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for flaked or rolled cereal exports from Canada, with a 94% share of total exports. Moreover, flaked or rolled cereal exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+23.7% per year) and Mexico (-18.3% per year).

In value terms, the United States ($X) remains the key foreign market for flaked or rolled cereals exports from Canada, comprising 97% of total exports. The second position in the ranking was held by Japan ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+19.0% per year) and Mexico (-19.1% per year).

Export Prices by Country

In 2022, the average flaked or rolled cereal export price amounted to $X per ton, picking up by 53% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced a decline.

Imports of Flaked or Rolled Cereals

Imports into Canada

In 2022, approx. X tons of flaked or rolled cereals were imported into Canada; growing by 111% against 2021. In general, imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when imports increased by 125%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, flaked or rolled cereal imports soared to $X in 2022. Over the period under review, imports enjoyed a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main supplier of flaked or rolled cereal to Canada, accounting for a 93% share of total imports. It was followed by Peru (X tons), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -1.9%.

In value terms, the United States ($X) constituted the largest supplier of flaked or rolled cereals to Canada, comprising 87% of total imports. The second position in the ranking was held by Peru ($X), with a 4.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +3.2%.

Import Prices by Country

In 2022, the average flaked or rolled cereal import price amounted to $X per ton, waning by -19.7% against the previous year. In general, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 an increase of 158%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%).

Source: IndexBox Platform

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