Report Update Nov 1, 2024

Canada - Cream Fresh - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Cream Fresh Market 2024

Cream Fresh Market Size in Canada

The Canadian cream fresh market declined modestly to $X in 2022, approximately equating the previous year. Over the period under review, consumption saw a pronounced descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cream Fresh Production in Canada

In value terms, cream fresh production declined to $X in 2022 estimated in export price. Over the period under review, production saw a slight curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by 37% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cream Fresh Exports

Exports from Canada

For the seventh consecutive year, Canada recorded growth in overseas shipments of cream fresh, which increased by 50% to X tons in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 368% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cream fresh exports skyrocketed to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 244%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for cream fresh exports from Canada, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +94.3%.

In value terms, the United States ($X) also remains the key foreign market for cream fresh exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +82.8%.

Export Prices by Country

The average cream fresh export price stood at $X per ton in 2022, reducing by -8.3% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average export price increased by 77%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +26.4% per year.

Cream Fresh Imports

Imports into Canada

Cream fresh imports into Canada dropped to X tons in 2022, falling by -14.4% compared with 2021 figures. In general, imports, however, showed slight growth. The pace of growth appeared the most rapid in 2021 with an increase of 378%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cream fresh imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of cream fresh to Canada, accounting for a 90% share of total imports. Moreover, cream fresh imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.2% per year) and the UK (-2.8% per year).

In value terms, the United States ($X) constituted the largest supplier of cream fresh to Canada, comprising 88% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.3% per year) and the UK (+2.0% per year).

Import Prices by Country

In 2022, the average cream fresh import price amounted to $X per ton, growing by 54% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cream fresh in the world?

The countries with the highest volumes of cream fresh consumption in 2021 were Germany, Russia and France, with a combined 34% share of global consumption. These countries were followed by Canada, Poland, Belgium, China, Italy, Sweden, Romania, Spain, Hungary and the Netherlands, which together accounted for a further 41%.

What are the largest producers of cream fresh in the world?

The countries with the highest volumes of cream fresh production in 2021 were Germany, Russia and France, with a combined 34% share of global production. These countries were followed by Poland, Belgium, Canada, Spain, New Zealand, Italy, Sweden, the Netherlands, Saudi Arabia and Austria, which together accounted for a further 41%.

What are the leading suppliers of cream fresh to Canada?

In value terms, the United States constituted the largest supplier of cream fresh to Canada, comprising 81% of total imports. The second position in the ranking was occupied by the Netherlands, with an 8.4% share of total imports. It was followed by Denmark, with a 4.1% share.

What are the leading importers of cream fresh from Canada?

In value terms, the United States remains the key foreign market for cream fresh exports from Canada.

What is the average export price for cream fresh in Canada?

The average cream fresh export price stood at $3,110 per ton in 2021, reducing by -35.1% against the previous year.

What is the average import price for cream fresh in Canada?

The average cream fresh import price stood at $3,119 per ton in 2021, with a decrease of -13.8% against the previous year.

This report provides an in-depth analysis of the cream fresh 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:

FCL 885 - Cream, Fresh

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023