Canada: Wheat Gluten Market 2024

Wheat Gluten Market Size in Canada

After two years of decline, the Canadian wheat gluten market increased by 71% to $X in 2022. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheat Gluten Production in Canada

In value terms, wheat gluten production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 20%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Wheat Gluten Exports

Exports from Canada

In 2022, shipments abroad of wheat gluten decreased by -22.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 54%. The exports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, wheat gluten exports shrank to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X tons) was the main destination for wheat gluten exports from Canada, accounting for a 82% share of total exports. Moreover, wheat gluten exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +1.7%.

In value terms, the United States ($X) remains the key foreign market for wheat gluten exports from Canada, comprising 76% of total exports. The second position in the ranking was held by Japan ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +6.1%.

Export Prices by Country

The average wheat gluten export price stood at $X per ton in 2022, growing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The most prominent rate of growth was recorded in 2013 an increase of 27%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.9%).

Wheat Gluten Imports

Imports into Canada

Wheat gluten imports into Canada soared to X tons in 2022, picking up by 43% against the year before. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 73%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, wheat gluten imports skyrocketed to $X in 2022. In general, imports showed prominent growth. The growth pace was the most rapid in 2013 when imports increased by 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of wheat gluten imports to Canada, with a combined 80% share of total imports. France, Germany, the UK, Australia, Belgium and the Netherlands lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +193.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and Italy ($X) appeared to be the largest wheat gluten suppliers to Canada, with a combined 76% share of total imports. France, Germany, Australia, the UK, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 22%.

The UK, with a CAGR of +185.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheat gluten import price stood at $X per ton in 2022, with an increase of 5.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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