Concentrated sweetened milk and cream market in Canada

Earlier Report Observations

From 2018 to 2023, the volume of Canada's concentrated sweetened milk and cream market declined steadily in physical terms, falling from 12 315 t to 11 356 t. This occurred alongside a more than doubling of exports, which reached 867 t by 2023. In value terms, however, the market grew from $28.5 million to $31.5 million, indicating a rise in the average product price or a shift towards higher-value offerings.

By 2024, broader dairy sector dynamics began to influence the market environment. Consumer preferences shifted towards higher-fat dairy products, including cream, altering demand patterns. Industry consolidation continued as the number of dairy farms declined, while the total value of dairy shipments rose due to improved farming practices and innovation. Policy factors, including the review of the Canada-United States-Mexico Agreement and discussions around the supply management system, introduced new variables for market access and trade.

Production concentrated sweetened milk and cream in Canada

In kind, 2017-2020, t

Globally, Canada ranked as the 23rd largest producer of concentrated sweetened milk and cream between 2017 and 2020.

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

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

Canada's production of concentrated sweetened milk and cream declined for the second year in a row. In 2020, output reached 12 498 tonnes, down 1.4% from 2019. Production peaked in 2018 at 12 704 tonnes, which represented a 2.3% increase from the previous year.

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

In value, 2017-2020, K $ US

In 2020, the value of concentrated sweetened milk and cream production in Canada was $29 255 thousand US, up 4.3% from 2019. The lowest value occurred in 2019 at $28 055 thousand US, while the highest was in 2018 at $29 450 thousand US. The most significant decline was in 2019, with a drop of 4.7%.

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

Exports concentrated sweetened milk and cream from Canada

Exports in kind, t

Canada's exports of concentrated sweetened milk and cream fell for the second consecutive year. In 2020, exports totaled 234.9 tonnes, a sharp decrease of 40.2% from 2019. Over the 2017-2020 period, exports declined by 34.7%, averaging an annual drop of 13.2%. The highest export volume was in 2018 at 394.7 tonnes, which marked a 9.7% increase from the previous year.

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

From 2017 to 2020, nearly all of Canada's exports of concentrated sweetened milk and cream in volume terms went to the United States, which accounted for 90.2% of total exports.

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, K $ US

Canada's export value for concentrated sweetened milk and cream dropped for the second year in a row. In 2020, exports were valued at $549.9 thousand US, a significant decline of 36.8% compared to 2019. Between 2017 and 2020, export value fell by 33.8%, with a compound annual growth rate of -12.9%. The peak value was in 2018 at $915.0 thousand US, reflecting a 10.1% increase from the prior year.

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

During 2017-2020, the United States was the primary destination for Canada's exports in value terms, making up 92.4% of total export flows.

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 sweetened milk and cream to Canada

Imports in kind, t

The import market showed volatility during the observed period. Imports hit a low of 5.2 tonnes in 2018 and a high in 2017, with a 4.7-fold difference between these years. In 2020, imports reached 6.2 tonnes, down 5.5% from 2019. The largest decline occurred in 2018, falling 78.7%, while the biggest increase was in 2019, rising 25.6%.

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

From 2017 to 2020, the Netherlands was the main supplier of concentrated sweetened milk and cream to Canada in volume terms, holding a 71.6% share of total imports, with other countries accounting for the remainder.

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, K $ US

Market performance exhibited noticeable fluctuations over the period. Imports reached a low of $9.6 thousand US in 2018 and a peak in 2017, with a 4.8-fold variation. In 2020, import value was $10.7 thousand US, a moderate decrease of 3.9% from 2019. The most substantial decline was in 2018, dropping 79.0%, while the largest increase was in 2019, up 16.1%.

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

Between 2017 and 2020, the United States and the Netherlands dominated Canada's imports in value terms, together representing 87.6% of total import flows, with other countries making up the rest.

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

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