What is the price of margarine per kilogram/pound in Canada today?
The retail price range for Canada margarine is between US$ 2.40 and US$ 3.83 per kilogram or between US$ 1.09 and US$ 1.74 per pound(lb). Click here to see today's exact prices of margarine in Canada
The retail price range in Canadian Dollar for margarine is between CAD 3.23 and CAD 5.17 per kilogram or between CAD 1.47 and CAD 2.35 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada margarine is between US$ 1.68 and US$ 2.68 per kilogram or between US$ 0.76 and US$ 1.22 per pound(lb).
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Canada Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Canada over the last five years has seen a steady decline. In 2017, the price was $1.53, followed by $1.19 in 2018, $1.35 in 2019, $1.37 in 2020, and $1.19 in 2021. This downward trend is expected to continue in the next two years, with an estimated price of $1.17 in 2023 and $1.14 in 2024.The exports of margarine from Canada are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Canada Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Canada over the last five years has been relatively stable. In 2016, the price was $1.68, followed by a slight decrease to $1.53 in 2017. In 2018, the price dropped to $1.19, before increasing to $1.35 in 2019 and $1.37 in 2020. 2021 saw a significant increase to $2.09, before dropping back to $2.38 in 2022. Based on this trend, it is likely that the import price per kilogram of Margarine into Canada will remain around the $2.38 mark in 2023 and 2024.Export values for Canada margarine
The total values in export for margarine in Canada were US$ 5,470, US$ 5,026, US$ 10,488 and US$ 11,283 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 margarine in other countries across North America: Canada margarine, US margarine, Anguilla margarine, Antigua and Barbuda margarine, Bermuda margarine, Bonaire, Sint Eustatius and Saba margarine, St.Pierre and Miquelon margarine, United States Minor Outlying Islands margarine, Cayman Islands margarine & Greenland margarine.
Canada margarine - Production, Exports, Imports, Seasons and HS Codes
The quantity of margarine sold by Canada in 2020 was 7,726 metric tonnes. In 2019 Canada sold 8,380 tonnes of margarine. For the year 2019 alone, the demand for Canada margarine (processed category) has decreased, flactuating by -4.664 percent compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 155.25 percent netting the nation US$11.28m for the year 2019. Canada's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Canada margarine export values
In 2019, Canada sold margarine worth 11.28m USD, a growth of 7.55% from 2018's total margarine export of 10.488m USD. The yearly growth in value of Canada margarine between 2017 to 2018 was 108.675 pc.
The annual/yearly change in the quantity of Canada's margarine exports between 2017 and 2019 was 155.25 pc when compared to a variation of -4.664% in the growth rate between 2018 and 2019.
Canada's share of the world's total margarine's exports in 2019 was 1.6 percent. Canada holds position 15 in world exports of margarine.
Export markets for Canada margarine ( in '000$ )
Canada's top destinations for margarine are US, French Polynesia, Chile, Saint Lucia and Venezuela.
Import/Export Trends
Canada is a net exporter of margarine. The annual growth of Canada margarine in value between 2015 to 2019 was 37%, per annum, while annual growth in quantity through the same period was 44%, per annum.
Canada brought in 1,450 tonnes of margarine in 2019.