Canada - Preparations Used In Animal Feeding - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preparations for Animal Feeding in Canada - 2023
Contents:
- Price for Preparations for Animal Feeding in Canada (CIF) - 2023
- Price for Preparations for Animal Feeding in Canada (FOB) - 2023
- Imports of Preparations for Animal Feeding in Canada
- Exports of Preparations for Animal Feeding in Canada
Price for Preparations for Animal Feeding in Canada (CIF) - 2023
The average preparations for animal feeding import price stood at $2,467 per ton in June 2023, waning by -5.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 9.4% m-o-m. As a result, import price reached the peak level of $2,637 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($8,615 per ton), while the price for the United States ($2,316 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preparations for Animal Feeding in Canada (FOB) - 2023
In June 2023, the average preparations for animal feeding export price amounted to $2,494 per ton, waning by -5.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 5.7% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,636 per ton in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($3,403 per ton), while the average price for exports to France ($1,581 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preparations for Animal Feeding in Canada
In 2022, after three years of growth, there was decline in supplies from abroad of preparations used in animal feeding, when their volume decreased by -0.1% to 718K tons. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.6%.
In value terms, preparations for animal feeding imports skyrocketed to $1.6B in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Preparations for Animal Feeding in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 934 | 1,028 | 1,210 | 1,392 | 14.2% |
Thailand | 26.5 | 29.3 | 43.9 | 68.3 | 37.1% |
China | 39.0 | 43.6 | 44.2 | 50.4 | 8.9% |
France | 16.0 | 20.8 | 22.2 | 41.6 | 37.5% |
Others | 67.2 | 73.0 | 87.2 | 91.2 | 10.7% |
Total | 1,083 | 1,194 | 1,407 | 1,643 | 14.9% |
Top Suppliers of Preparations for Animal Feeding to Canada in 2022:
- United States (655.8K tons)
- China (14.5K tons)
- France (13.0K tons)
- Thailand (12.4K tons)
Exports of Preparations for Animal Feeding in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of preparations used in animal feeding, when their volume decreased by -6.1% to 458K tons. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 11%.
In value terms, preparations for animal feeding exports declined modestly to $1.1B in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year.
Export of Preparations for Animal Feeding in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 431 | 464 | 516 | 584 | 10.7% |
China | 88.1 | 179 | 187 | 92.3 | 1.6% |
Netherlands | 12.7 | 14.0 | 21.4 | 34.2 | 39.1% |
South Korea | 19.4 | 22.0 | 34.7 | 33.8 | 20.3% |
Spain | 14.7 | 14.4 | 19.9 | 29.6 | 26.3% |
France | 10.3 | 13.6 | 24.2 | 26.4 | 36.9% |
Taiwan (Chinese) | 16.2 | 15.9 | 15.8 | 25.7 | 16.6% |
Japan | 19.9 | 17.9 | 24.3 | 22.8 | 4.6% |
Hong Kong SAR | 12.8 | 29.7 | 22.0 | 18.2 | 12.4% |
New Zealand | 15.9 | 16.2 | 16.4 | 16.1 | 0.4% |
Madagascar | N/A | N/A | 2.9 | 7.8 | 169.0% |
Russia | 41.3 | 32.8 | 21.8 | N/A | -27.3% |
Others | 173 | 185 | 200 | 206 | 6.0% |
Total | 855 | 1,004 | 1,106 | 1,097 | 8.7% |
Top Export Markets for Preparations for Animal Feeding from Canada in 2022:
- United States (246.1K tons)
- China (37.2K tons)
- Madagascar (16.7K tons)
- South Korea (13.8K tons)
- Netherlands (11.7K tons)
- Taiwan (Chinese) (11.0K tons)
- Spain (10.2K tons)
- France (9.6K tons)
- Japan (8.4K tons)
- New Zealand (8.0K tons)
- Hong Kong SAR (7.7K tons)
This report provides an in-depth analysis of the market for preparations for animal feeding 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 10911010 - Premixtures for farm animal feeds
- Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
- Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
- Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
- Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
- Prodcom 10921030 - Dog or cat food, p.r.s.
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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In March 2023, the rate of growth for Animal Feed reached its highest level with a significant month-to-month increase of 17%. However, the value of animal feed imports experienced a rapid decline and fell to $31M by June 2023.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
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In March 2023, the rate of growth for Animal Feed reached its highest level with a significant month-to-month increase of 17%. However, the value of animal feed imports experienced a rapid decline and fell to $31M by June 2023.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.
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