What is the price of malt extract per kilogram/pound in Canada today?
The retail price range for Canada malt extract is between US$ 9.67 and US$ 17.41 per kilogram or between US$ 4.39 and US$ 7.89 per pound(lb). Click here to see today's exact prices of malt extract in Canada
The retail price range in Canadian Dollar for malt extract is between CAD 13.05 and CAD 23.50 per kilogram or between CAD 5.92 and CAD 10.66 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada malt extract is between US$ 6.77 and US$ 12.19 per kilogram or between US$ 3.07 and US$ 5.53 per pound(lb).
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Canada Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Canada has seen a steady increase over the last five years. In 2017, the price was at its highest at $3.13, before dropping to $2.88 in 2018. The price then rose again to $2.91 in 2019 and 2020, before dropping to $2.77 in 2021. The most recent data shows that the price has dropped again to $2.69 in 2022. Based on this trend, it is likely that the export price per kilogram of Malt Extract from Canada will remain around the $2.70 mark in 2023 and 2024.The malt extract exports from Canada are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Canada Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Canada over the last five years has been relatively stable. In 2017, the price was 3.13 US dollars per kg, followed by a slight decrease to 2.88 US dollars per kg in 2018. In 2019, the price rose slightly to 2.91 US dollars per kg, before dropping to 2.77 US dollars per kg in 2020. The price then decreased further to 2.69 US dollars per kg in 2021, before rising again to 2.83 US dollars per kg in 2022. Based on this trend, it is likely that the price of Malt Extract will remain relatively stable in the next two years, with a predicted price of 2.83 US dollars per kg in 2023 and 2.84 US dollars per kg in 2024.Export values for Canada malt extract
The total values in export for malt extract in Canada were US$ 190,303, US$ 175,400, US$ 187,018 and US$ 225,272 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 malt extract in other countries across North America: Canada malt extract, US malt extract, Anguilla malt extract, Antigua and Barbuda malt extract, Bermuda malt extract, Bonaire, Sint Eustatius and Saba malt extract, St.Pierre and Miquelon malt extract, United States Minor Outlying Islands malt extract, Cayman Islands malt extract & Greenland malt extract.
Canada malt extract - Production, Exports, Imports, Seasons and HS Codes
The amount of malt extract exported by Canada in 2020 was 99,689 tonnes. In 2019 Canada shipped 77,322 tonnes of malt extract. For the year 2019 alone, the demand for Canada malt extract (processed category) has gone up, with a change of 18.909 % compared to the year 2018. Between 2017 and 2019, malt extract's exports grew by 37.86 percent netting the exporter US$225.27m for the year 2019. Canada's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Canada malt extract export values
In 2019, Canada supplied malt extract valued at 225.27m USD, an increment of 20.45% from 2018's total malt extract export of 187.018m USD. The yearly increase in value of Canada malt extract between 2017 to 2018 was 6.624 per cent.
The per year variation in the quantity of Canada's malt extract exports between 2017 and 2019 was 37.86% in comparison to a variation of 18.909% in the period between 2018 and 2019.
Canada's stake of the world's total malt extract's exports in 2019 was less than 1%. Canada holds number 19 in world exports of malt extract.
Export markets for Canada malt extract ( in '000$ )
Canada's leading export markets for malt extract are US, Australia, Chile, Guatemala and United Kingdom (UK).
Import/Export Trends
Canada is a net importer of malt extract. The annual growth of Canada malt extract in value between 2015 to 2019 was 28%, per annum, while annual growth in quantity was 18%, per annum.
Canada procured 70,276 tonnes of malt extract in 2019.