Concentrated or sweetened milk and cream market in Canada

Earlier Report Observations

From 2018 to 2020, the market volume for concentrated or sweetened milk and cream in Canada showed mixed movements, starting at 189.1 thousand tons. Product innovation in the sweetened condensed milk segment globally helped stimulate consumer interest, contributing to a rise in market size to 195.0 thousand tons by 2019. However, in 2020, increased health consciousness shifted demand toward unsweetened variants and alternatives, leading to a slight contraction to 191.3 thousand tons.

The market expanded sharply to 206.0 thousand tons in 2021, primarily driven by the growth of online retail platforms which enhanced product accessibility and consumer choice. This gain was reversed in 2022 when global supply chain disruptions constrained availability, pulling the market volume down to 195.7 thousand tons. The downward trend continued into 2023, with the market settling at 192.3 thousand tons as consumer preference continued to shift toward plant-based and lactose-free dairy alternatives.

Production concentrated or sweetened milk and cream in Canada

In kind, 2017-2020, K t

From 2017 to 2020, Canada ranked 22nd globally in production volume of concentrated or sweetened milk and cream.

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

Canada's production of concentrated or sweetened milk and cream declined for the second year in a row. In 2020, output reached 225.8 thousand tonnes, down 4.4% from 2019. Over the 2017-2020 period, production fell by 8.8%, with an average annual decline of 3.0%. The highest production level was recorded in 2018 at 249.2 thousand tonnes, which saw a modest increase of 0.6%. The largest drop occurred in 2019, with a decrease of 5.2%.

Annual dynamics of production in Canada in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Canada's production value of concentrated or sweetened milk and cream increased for the second consecutive year. In 2020, output was valued at 534.8 million US dollars, up 2.4% from the previous year. Between 2017 and 2020, production value rose by 16.1%, averaging an annual growth rate of 5.1%. The lowest value was recorded in 2018 at 428.2 million US dollars, which saw a decline of 7.0%. The largest increase occurred in 2019, with a jump of 22.0%.

Annual dynamics of production in Canada in value, 2017-2020, M $ US

Exports concentrated or sweetened milk and cream from Canada

Exports in kind, t

Canada's exports of concentrated or sweetened milk and cream declined for the third consecutive year. In 2020, exports totaled 40 568 tonnes, marking a significant year-over-year decrease of 16.0%. From 2017 to 2020, exports fell by 44.5%, with an average annual decline of 17.8%.

Annual dynamics of product's exports from Canada in kind, 2017-2020, t

Between 2017 and 2020, Canada's export structure for concentrated or sweetened milk and cream was balanced rather than concentrated. The top three destinations—Algeria (20.7% of exports), Egypt (16.8%), and the Philippines (7.4%)—together accounted for 44.9% of total flows, while many other countries made up the remaining 55.1%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Canada in kind, 2017-2020

Exports in value, M $ US

Canada's export value of concentrated or sweetened milk and cream declined for the third year in a row. In 2020, exports amounted to 96.1 million US dollars, down 10.0% year-over-year. Over the 2017-2020 period, export value decreased by 29.3%, with an average annual decline of 10.9%.

Annual dynamics of product's exports from Canada in value, 2017-2020, M $ US

From 2017 to 2020, Canada traded concentrated or sweetened milk and cream with numerous countries. Even the largest destinations—Algeria, Egypt, and the Philippines—collectively represented only 45.1% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Canada in value, 2017-2020

Imports concentrated or sweetened milk and cream to Canada

Imports in kind, t

Canada's imports of concentrated or sweetened milk and cream declined for the second consecutive year. In 2020, imports totaled 6 112 tonnes, down 12.8% from the previous year. Over the 2017-2020 period, imports decreased by 6.4%, with an average annual decline of 2.2%. The highest import level was recorded in 2018 at 7 058 tonnes, which saw an increase of 8.1%.

Annual dynamics of product's imports to Canada in kind, 2017-2020, t

Throughout 2017-2020, the United States dominated Canada's imports of concentrated or sweetened milk and cream in volume terms, consistently accounting for 94.5% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Canada in kind, 2017-2020

Imports in value, M $ US

Canada's import value of concentrated or sweetened milk and cream declined for the third consecutive year. In 2020, imports were valued at 12.6 million US dollars, reflecting a moderate decrease of 6.6% from the previous year. Between 2017 and 2020, import value fell by 19.5%, with an average annual decline of 7.0%.

Annual dynamics of product's imports to Canada in value, 2017-2020, M $ US

From 2017 to 2020, the United States dominated Canada's import structure in value terms, holding a share of 94.8% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Canada in value, 2017-2020