Milk powder with fat content of ≤1.5% market in Canada

Earlier Report Observations

Market volume for milk powder with fat content of ≤1.5% in Canada varied significantly between 2018 and 2023. After an initial increase from 46.7 thousand tons in 2018 to 53.8 thousand tons in 2019, the market saw a slight decline to 52.7 thousand tons in 2020. A substantial surge followed in 2021, pushing volume to 69.3 thousand tons, but this peak was followed by a sharp drop to 60.2 thousand tons in 2022 and a further decline to 57.6 thousand tons in 2023.

The market contraction in 2023 coincided with a shift in Canadian consumer preferences towards higher-fat milk and cream products, as well as growing adoption of yogurt and other dairy varieties, which reduced demand for low-fat milk powder. This change in consumption patterns contributed to the downward trend observed after the 2021 high.

Production milk powder with fat content of ≤1.5% in Canada

In kind, 2017-2020, K t

Between 2017 and 2020, Canada ranked as the 12th largest global producer of milk powder with a fat content of ≤1.5%.

Top producers of milk powder with fat content of ≤1.5%, 2017-2020

World map of production of milk powder with fat content of ≤1.5%, 2017-2020

Canada's production of milk powder with a fat content of ≤1.5% declined for the third consecutive year. In 2020, output reached 89.6 K t, marking a moderate decrease of 7.7% compared to 2019. From 2017 to 2020, production fell by 18.1%, which translates to an annualized decline of 6.4%.

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

In value, 2017-2020, M $ US

In 2020, the value of milk powder with a fat content of ≤1.5% produced in Canada was 212.2 M $ US, down 1.1% from the previous year. Over the period from 2017 to 2020, production value increased by 4.6%, with an annualized growth rate of 1.5%. The lowest value was recorded in 2018 at 184.6 M $ US, while the highest was in 2019 at 214.6 M $ US. The largest decline occurred in 2018 at 9.0%, and the largest increase was in 2019 at 16.2%.

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

Exports milk powder with fat content of ≤1.5% from Canada

Exports in kind, t

Canada's exports of milk powder with a fat content of ≤1.5% declined for the third consecutive year. In 2020, exports totaled 39 512 t, showing a notable drop of 15.3% compared to the previous year. From 2017 to 2020, exports decreased by 45%, with a compound annual growth rate (CAGR) of -18.1%.

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

From 2017 to 2020, Canada's export destinations for milk powder with a fat content of ≤1.5% were highly diversified. Algeria accounted for 21.2% of exports in kind, Egypt for 17.1%, and Mexico for 7.0%, together making up 45.3% of total flows. The remaining 54.7% was distributed among a wide range of smaller markets.

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 exports of milk powder with a fat content of ≤1.5% in value terms declined for the third consecutive year. In 2020, exports amounted to 93.6 M $ US, reflecting a modest decrease of 9.3% from the previous year. Over the 2017-2020 period, exports fell by 29.8%, with a CAGR of -11.1%.

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

Between 2017 and 2020, Canada's export partners in value terms were diverse. Algeria represented 20.8% of exports, Egypt 18.0%, and Vietnam 6.9%, collectively accounting for 45.7% of total flows. The remaining 54.3% was spread across numerous other countries.

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

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

Imports milk powder with fat content of ≤1.5% to Canada

Imports in kind, t

Canada's imports of milk powder with a fat content of ≤1.5% declined for the second consecutive year. In 2020, imports totaled 2 677 t, indicating a notable contraction of 20.7% compared to the previous year. From 2017 to 2020, imports decreased by 19.3%, with a CAGR of -6.9%. The highest import volume was recorded in 2018 at 4 361 t. The largest decline occurred in 2019 at 22.6%, while the largest increase was in 2018 at 31.4%.

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

From 2017 to 2020, the United States was the nearly exclusive supplier of milk powder with a fat content of ≤1.5% to Canada, accounting for 97.0% of total imports in kind.

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 imports of milk powder with a fat content of ≤1.5% in value terms declined for the second consecutive year. In 2020, imports were valued at 6.5 M $ US, showing a significant decline of 15.1% year-over-year. Between 2017 and 2020, imports decreased by 22.6%, with an annualized rate of -8.2%. The highest value was recorded in 2018 at 8.6 M $ US. The largest decline occurred in 2019 at 16.0%, and the largest increase was in 2018 at 8.5%.

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

Throughout 2017 to 2020, the United States was the key partner for Canada's imports in value terms, representing 97.9% 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