Canada - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMargarine and Shortening Price in Canada - 2023
Contents:
- Margarine and Shortening Price in Canada (CIF) - 2023
- Margarine and Shortening Price in Canada (FOB) - 2023
- Margarine and Shortening Imports in Canada
- Margarine and Shortening Exports in Canada
Margarine and Shortening Price in Canada (CIF) - 2023
In September 2023, the average margarine and shortening import price amounted to $2,337 per ton, with a decrease of -13% against the previous month. Over the period under review, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 22% month-to-month. As a result, import price reached the peak level of $3,458 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($4,764 per ton), while the price for Indonesia ($1,397 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.4%), while the prices for the other major suppliers experienced a decline.
Margarine and Shortening Price in Canada (FOB) - 2023
The average margarine and shortening export price stood at $1,888 per ton in September 2023, with a decrease of -4% against the previous month. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 5.5% month-to-month. As a result, the export price attained the peak level of $2,422 per ton. From November 2022 to September 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -1.6% per month.
Margarine and Shortening Imports in Canada
In 2022, purchases abroad of margarine and shortening decreased by -19.1% to 72K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a slight reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of 89K tons, and then contracted rapidly in the following year.
In value terms, margarine and shortening imports rose to $195M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Margarine and Shortening in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 90.8 | 96.5 | 140 | 116 | 8.5% |
| Malaysia | 19.7 | 14.6 | 17.4 | 29.3 | 14.1% |
| Indonesia | 1.5 | 4.8 | 10.7 | 21.0 | 141.0% |
| Netherlands | 5.1 | 5.9 | 5.4 | 5.7 | 3.8% |
| Others | 6.7 | 13.9 | 15.0 | 22.8 | 50.4% |
| Total | 124 | 136 | 188 | 195 | 16.3% |
Top Suppliers of Margarine and Shortening to Canada in 2022:
- United States (43.7K tons)
- Indonesia (12.6K tons)
- Malaysia (10.4K tons)
- Netherlands (1.6K tons)
Margarine and Shortening Exports in Canada
In 2022, the amount of margarine and shortening exported from Canada declined to 84K tons, therefore, remained relatively stable against 2021. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 85K tons, and then dropped slightly in the following year.
In value terms, margarine and shortening exports soared to $187M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Margarine and Shortening in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 80.7 | 83.0 | 142 | 183 | 31.4% |
| Others | 3.9 | 4.0 | 4.0 | 4.6 | 5.7% |
| Total | 84.6 | 87.0 | 146 | 187 | 30.3% |
Top Export Markets for Margarine and Shortening from Canada in 2022:
- United States (83.5K tons)
This report provides an in-depth analysis of the margarine and shortening 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:
- FCL 1242 - Margarine and Shortening
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
724
This report provides an in-depth analysis of the margarine and shortening market in Canada.
369
This report provides an in-depth analysis of the margarine spread market in Canada.
2026
This report provides an in-depth analysis of the global margarine and shortening market.
571
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
724
This report provides an in-depth analysis of the margarine and shortening market in Canada.
369
This report provides an in-depth analysis of the margarine spread market in Canada.
2026
This report provides an in-depth analysis of the global margarine and shortening market.
571
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
95
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5313
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4490
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
95
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5313
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4490
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
