Canada - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights

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Malt Price in Canada - 2023

Contents:

  1. Malt Price in Canada (FOB) - 2023
  2. Malt Price in Canada (CIF) - 2022
  3. Malt Exports in Canada
  4. Malt Imports in Canada

Malt Price in Canada (FOB) - 2023

In June 2023, the average malt export price amounted to $754 per ton, picking up by 1.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 7.4% m-o-m. Over the period under review, the average export prices hit record highs in June 2023.

Average prices varied noticeably for the major overseas markets. In June 2023, the highest price was recorded for prices to the United States ($770 per ton) and Japan ($764 per ton), while the average price for exports to Colombia ($677 per ton) and South Korea ($690 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Malt Price in Canada (CIF) - 2022

In 2022, the average malt import price amounted to $588 per ton, surging by 16% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $743 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the UK ($859 per ton), while the price for the United States ($455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.4%), while the prices for the other major suppliers experienced a decline.

Malt Exports in Canada

Malt exports from Canada declined slightly to 519K tons in 2022, with a decrease of -4.8% compared with the previous year's figure. Overall, exports saw a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 5.5%.

In value terms, malt exports expanded notably to $349M in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Malt in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1971741891980.2%
Japan75.560.850.868.4-3.2%
Mexico43.841.146.860.611.4%
Colombia2.94.93.98.241.4%
South Korea7.77.910.55.0-13.4%
Brazil6.54.27.8N/A9.5%
Others4.84.35.08.621.5%
Total3382973143491.1%

Top Export Markets for Malt from Canada in 2022:

  1. United States (277.6K tons)
  2. Japan (112.5K tons)
  3. Mexico (93.1K tons)
  4. Colombia (14.6K tons)
  5. South Korea (7.3K tons)
  6. Brazil (0.1K tons)

Malt Imports in Canada

In 2022, overseas purchases of malt (not roasted) decreased by -18.3% to 26K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43%.

In value terms, malt imports reduced to $15M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Malt in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.47.47.87.027.2%
Germany7.26.25.45.2-10.3%
United Kingdom2.72.22.12.3-5.2%
Others0.30.30.50.518.6%
Total13.616.115.915.03.3%

Top Suppliers of Malt to Canada in 2022:

  1. United States (15.5K tons)
  2. Germany (6.8K tons)
  3. United Kingdom (2.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the malt 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 11061030 - Malt, not roasted (excluding alcohol duty)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Malt (Not Roasted) - Canada