What is the price of milk & cream per kilogram/pound in Canada today?
The retail price range for Canada milk & cream is between US$ 3.94 and US$ 10.83 per kilogram or between US$ 1.79 and US$ 4.91 per pound(lb). Click here to see today's exact prices of milk & cream in Canada
The retail price range in Canadian Dollar for milk & cream is between CAD 5.32 and CAD 14.62 per kilogram or between CAD 2.41 and CAD 6.63 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada milk & cream is between US$ 2.76 and US$ 7.58 per kilogram or between US$ 1.25 and US$ 3.44 per pound(lb).
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Canada Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Canada has seen a steady decline over the last five years. In 2011, the price was 3.44 US dollars per kg, but by 2021, it had dropped to 2.26 US dollars per kg. This represents a 34.2% decrease in price. The lowest price was seen in 2015, when it was 2.45 US dollars per kg. Since then, the price has been gradually increasing, reaching 2.39 US dollars per kg in 2019. The most recent data shows that the price has dropped slightly to 2.11 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Milk & Cream from Canada will be 2.17 US dollars per kg in 2023 and 2.23 US dollars per kg in 2024.The milk & cream exports from Canada are categorised as:
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
Canada Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Canada over the last five years has seen a steady decline. In 2016, the price was $2.04, followed by $1.92 in 2017, $1.88 in 2018, $2.39 in 2019, and $2.11 in 2020. This year, the price has increased slightly to $2.26. Looking ahead, we can predict that the import price per kilogram of Milk & Cream into Canada will be $3.26 in 2022 and $3.26 in 2023.Export values for Canada milk & cream
The total values in export for milk & cream in Canada were US$ 72,600, US$ 163,411, US$ 152,734 and US$ 158,542 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: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across North America: Canada milk & cream, US milk & cream, Anguilla milk & cream, Antigua and Barbuda milk & cream, Bermuda milk & cream, Bonaire, Sint Eustatius and Saba milk & cream, St.Pierre and Miquelon milk & cream, United States Minor Outlying Islands milk & cream, Cayman Islands milk & cream & Greenland milk & cream.
Canada milk & cream - Production, Exports, Imports, Seasons and HS Codes
The volume of milk & cream shipped by Canada in 2020 was 75,368 metric tonnes. In 2019 Canada shipped 66,280 tonnes of milk & cream. Through 2019 alone, the interest in Canada milk & cream (processed category) has shrunk, flactuating by -18.373 per cent compared to the year 2018. Between 2017 and 2019, milk & cream's exports reduced by -22.25% earning the country US$158.54m for the year 2019. Canada's milk & cream exports are classified as:
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
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Canada milk & cream export values
In 2019, Canada sold milk & cream costing 158.54m USD, an improvement of 3.80% from 2018's total milk & cream export of 152.734m USD. The annual change in value of Canada milk & cream between 2017 to 2018 was -6.534 per cent.
The per year variation in the amount of Canada's milk & cream exports between 2017 and 2019 was -22.25% compared to a variation of -18.373% in the period between 2018 and 2019.
Export markets for Canada milk & cream ( in '000$ )
Canada's best performing destinations for milk & cream are Greece, Georgia, Iraq, US and Poland.
Canada purchased 55,370 tonnes of milk & cream in 2019.