Canada - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Organ Extracts Market 2024
Organ Extracts Market Size in Canada
In 2021, the Canadian organ extracts market increased by 52% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption saw a significant increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.
Organ Extracts Production in Canada
In value terms, organ extracts production contracted to $X in 2021 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +27.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.
Organ Extracts Exports
Exports from Canada
In 2021, approx. X tons of extracts of glands or other organs or of their secretions were exported from Canada; waning by -57.3% compared with the previous year's figure. Over the period under review, exports saw a slight decline. The most prominent rate of growth was recorded in 2018 when exports increased by 857% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, organ extracts exports reduced notably to $X in 2021. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 373%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
Exports by Country
The United States (X tons) was the main destination for organ extracts exports from Canada, accounting for a 93% share of total exports. Moreover, organ extracts exports to the United States exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to the United States totaled -1.8%.
In value terms, the United States ($X) remains the key foreign market for extracts of glands or other organs or of their secretions exports from Canada, comprising 96% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 3.5% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -6.7%.
Export Prices by Country
In 2021, the average organ extracts export price amounted to $X per ton, shrinking by -16.1% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 169% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Kyrgyzstan amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+3.2%).
Organ Extracts Imports
Imports into Canada
In 2021, overseas purchases of extracts of glands or other organs or of their secretions increased by 48% to X tons, rising for the fifth consecutive year after two years of decline. In general, imports recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of 338%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, organ extracts imports surged to $X in 2021. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 90% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, the United States (X tons) was the main organ extracts supplier to Canada, accounting for a approx. 97% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +22.5%.
In value terms, the United States ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Canada.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +16.0%.
Import Prices by Country
In 2021, the average organ extracts import price amounted to $X per ton, waning by -15.1% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2015 when the average import price increased by 1,125% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -5.3% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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