Canada: Cereal Market 2025

Cereal Market Size in Canada

In 2022, the Canadian cereal market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Cereal consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cereal Production in Canada

In value terms, cereal production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of cereals in Canada surged to X tons per ha in 2022, growing by X% against the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the average cereal yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereals were harvested in Canada; picking up by X% against 2021 figures. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the harvested area increased by X%. The cereal harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Cereal Exports

Exports from Canada

In 2022, the amount of cereals exported from Canada shrank significantly to X tons, with a decrease of X% compared with the previous year's figure. Overall, exports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cereal exports skyrocketed to $X in 2022. In general, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main destinations of cereal exports from Canada, with a combined X% share of total exports. Indonesia, Colombia, Bangladesh, Peru, Italy, the UK, Ireland, Morocco, Spain and Algeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Japan ($X) constituted the largest markets for cereal exported from Canada worldwide, with a combined X% share of total exports. Indonesia, Colombia, Italy, Bangladesh, Peru, Morocco, Algeria, the UK, Spain and Ireland lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cereal export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal export price increased by X% against 2019 indices. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Ireland ($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 Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Imports

Imports into Canada

In 2022, imports of cereals into Canada surged to X tons, growing by X% compared with the previous year's figure. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, cereal imports surged to $X in 2022. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) was the main supplier of cereal to Canada, with a X% share of total imports. It was followed by Australia (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of cereals to Canada, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for the United States amounted to $X per ton.

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

Source: IndexBox Platform

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