What is the price of lactose per kilogram/pound in Canada today?
The retail price range for Canada lactose is between US$ 14.42 and US$ 19.23 per kilogram or between US$ 6.54 and US$ 8.72 per pound(lb). Click here to see today's exact prices of lactose in Canada
The retail price range in Canadian Dollar for lactose is between CAD 19.47 and CAD 25.96 per kilogram or between CAD 8.83 and CAD 11.77 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada lactose is between US$ 10.09 and US$ 13.46 per kilogram or between US$ 4.58 and US$ 6.10 per pound(lb).
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Canada Lactose Export Prices - Historical, Trends and Prediction
The export price of Lactose from Canada over the last five years has been quite volatile. In 2017, the price per kilogram was 1.08 US dollars, which was the highest in the period. This was followed by a sharp decline in 2018 to 1.01 US dollars. In 2019, the price dropped further to 0.98 US dollars, the lowest in the period. However, the price has been on the rise since then, reaching 1.00 US dollars in 2020 and 1.22 US dollars in 2021. The latest data shows that the export price of Lactose from Canada is 1.31 US dollars per kilogram. Based on the current trend, it is expected that the export price of Lactose from Canada will be around 1.35 US dollars per kilogram in 2023 and 1.39 US dollars per kilogram in 2024.The lactose exports from Canada are classified as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
Canada Lactose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lactose into Canada over the last five years has been quite volatile. In 2012, the price was $1.98, which dropped to $1.53 in 2013. This was followed by a further decrease to $1.34 in 2014. The price then dropped significantly to $0.64 in 2015 before increasing to $1.51 in 2016. In 2017, the price decreased to $1.08 and then further decreased to $1.01 in 2018. The price then remained relatively stable at $0.98 in 2019 and $1.00 in 2020. In 2021, the price increased to $1.22 and then further increased to $1.31 in 2022. Based on this trend, it is predicted that the import price per kilogram of Lactose into Canada will be $1.41 in 2023 and $1.51 in 2024.Export values for Canada lactose
The total values in export for lactose in Canada were US$ 1,396, US$ 643, US$ 1,930 and US$ 1,710 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lactose in other countries across North America: Canada lactose, US lactose, Anguilla lactose, Antigua and Barbuda lactose, Bermuda lactose, Bonaire, Sint Eustatius and Saba lactose, St.Pierre and Miquelon lactose, United States Minor Outlying Islands lactose, Cayman Islands lactose & Greenland lactose.
Canada lactose - Production, Exports, Imports, Seasons and HS Codes
The volume of lactose exported by Canada in 2020 was 8,483 tonnes. In 2019 Canada sold 1,748 tonnes of lactose. In 2019 alone, the demand for Canada lactose (processed category) has shrunk, recording a change of -8.145 per cent compared to the year 2018. Between 2017 and 2019, lactose's exports increased by 194.28 percent bringing the country US$1.71m for the year 2019. Canada's lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
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Canada lactose export values
In 2019, Canada sold lactose with a value of 1.71m USD, a contraction of -11.40% from 2018's total lactose export of 1.93m USD. The yearly reduction in value of Canada lactose between 2017 to 2018 was 200.156 per cent.
The annual variation in the volume of Canada's lactose exports between 2017 and 2019 was 194.28 percent when compared to a variation of -8.145% in the growth rate between 2018 and 2019.
Canada's share of the world's total lactose's exports in 2019 was 1.4%. Canada holds number 14 in world exports of lactose.
Export markets for Canada lactose ( in '000$ )
Canada's top export markets for lactose are US, Belarus, Sierra Leone, Barbados and South Korea.
Import/Export Trends
Canada is a net exporter of lactose. The annual growth of Canada lactose in value between 2015 to 2019 was 7%, per year, while annual growth in quantity through the same period was 14%, per annum.
Canada ordered 8,521 tonnes of lactose in 2019.