Monthly average retail prices for selected products, for Canada, provinces, Whitehorse and Yellowknife. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

In 2021, the retail price of one liter of milk in Canada was on average **** Canadian dollars, with some regional differences. For instance, in Quebec, one liter of milk cost **** Canadian dollars on average, while it cost **** Canadian dollars in Ontario.

Milk production in Canada

Canada featured among the leading producers of cow milk worldwide, with a production volume exceeding ** million metric tons in 2021. Although this production volume pales in comparison to that of the EU-27 or the United States, Canada’s dairy farming industry is among the most important agricultural sectors in the country. Dairy farms in Canada were home to more than ******* milk cows in 2021. In addition to being the provinces with the largest number of milk cows in the country, Quebec and Ontario also produced the largest volume of milk in Canada in 2020, at around ** million and ** million hectoliters, respectively.

Milk consumption in Canada

Since 2004, consumption of milk per capita in Canada has been steadily declining, with a significant decrease of more than twenty liters per capita between 2004 and 2019. This can be attributed to the emergence of new consumption habits and the rise of non-dairy substitutes for milk such as soy milk, almond milk, coconut milk and others, which appeal primarily but not exclusively to people following plant-based diets. It was estimated that the milk substitute market in Canada would generate approximately *** million U.S. dollars in revenues in 2022.

This statistic shows the producer price of whole fresh milk in Canada from 2010 to 2020. In 2020, the average price received by farmers in Canada amounted to 764 Canadian dollars per metric ton of milk.

In February 2025, the average whole fresh milk import price amounted to $773 per ton, increasing by 1.7% against the previous month.

Monthly average retail prices for food, household supplies, personal care items, cigarettes and gasoline. Prices are presented for the current month and previous four months. Prices are in Canadian current dollars.

This statistic shows the average retail price for * liters of partly skimmed milk in Canada from January 2016 to February 2022. The retail price stayed fairly constant for most of 2021, at around *** Canadian dollars, but jumped up to *** Canadian dollars in February 2022.

The Canadian milk market declined to $11.5B in 2024, which is down by -9.2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.6% against the previous year. Over the period under review, the market reached the maximum level at $12.7B in 2023, and then contracted in the following year.

Powdered Milk Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

View monthly updates and historical trends for Canada Average Retail Price of Partly Skimmed Milk. Source: Statistics Canada. Track economic data with YCh…

Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data was reported at 181.400 2002=100 in Mar 2025. This records an increase from the previous number of 180.200 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data is updated monthly, averaging 74.000 2002=100 from Jan 1949 (Median) to Mar 2025, with 915 observations. The data reached an all-time high of 181.400 2002=100 in Mar 2025 and a record low of 10.900 2002=100 in Mar 1949. Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I002: Consumer Price Index: 2002=100.

Industry revenue in the Canadian dairy farming industry has steadily expanded, growing at a CAGR of 1.2% over the current period to reach an estimated $11.9 billion in 2025, supported by a 1.3% rise in the most recent year. This growth has been underpinned by a stable national herd size combined with consistent productivity gains through genetic improvement, precision herd management and strong animal welfare standards. Consumption trends have provided an additional boost: national demand for fluid milk, cheese and butter has risen modestly, driven by rapid population increases, immigration and the recovery of out-of-home dining, even as per capita consumption edges lower. On the trade side, Canadian processors continue to benefit from rising US demand for dairy products, increasing their purchases of farm milk in turn, with exports of cheese and skim milk powder growing thanks to market access under CUSMA. However, expanding imports under existing trade agreements and the potential impacts of tariff disputes create some uncertainty for Canadian dairy's market position. The Canadian dairy cattle industry's hallmark supply management system remains the cornerstone of stability, regulating production through quotas, maintaining producer-based pricing and limiting competition from foreign imports. Recently reinforced through federal legislation, this framework ensures that producers and farm profit are shielded from the price volatility common in global dairy markets. It also provides mechanisms to absorb rising costs through farmgate price adjustments, allowing margins to remain relatively stable. While input expenses temporarily eased coming into 2024, pressures from grain markets, energy and logistics are expected to return in 2025, gradually increasing operational costs. Farmers are countering these headwinds with forward feed contracting, precision nutrition systems and risk management programs. If farmers are able to pass on these costs to consumers, this increase in expenses will generate additional industry revenue. Looking forward, the industry faces both opportunities and structural challenges. Consolidation will continue to reshape the sector, with production disproportionately concentrated in Ontario and Quebec as smaller farms exit and economies of scale favour larger players. Population growth, particularly driven by immigration, will sustain broad demand for dairy products, even as changing consumer preferences, including the rise of plant-based alternatives, contribute to a gradual decline in per capita dairy intake. Climate change also poses long-term risks through feed scarcity, heat stress and extreme weather, necessitating sustained investment in adaptive technologies and resilient genetics. Balanced against these challenges, industry revenue is forecast to grow at a CAGR of 1.4% through 2030, reaching $12.7 billion, supported by stable herd productivity, steady demand growth and the continued strength of the supply management framework.

This table contains 288 series, with data for years 1956 - 1990 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (6 items: Canada; Atlantic Region; Ontario; Quebec ...), Commodities (278 items: Canola oil cake and meal; domestic; Meat products; Primary meat products; Meat; fish and dairy products ...).

Canada Consumer Price Index (CPI): Food: PS: Dairy Products and Eggs: Dairy Products data was reported at 168.400 2002=100 in 2024. This records an increase from the previous number of 165.100 2002=100 for 2023. Canada Consumer Price Index (CPI): Food: PS: Dairy Products and Eggs: Dairy Products data is updated yearly, averaging 72.450 2002=100 from Dec 1949 (Median) to 2024, with 76 observations. The data reached an all-time high of 168.400 2002=100 in 2024 and a record low of 11.800 2002=100 in 1950. Canada Consumer Price Index (CPI): Food: PS: Dairy Products and Eggs: Dairy Products data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I005: Consumer Price Index: 2002=100: Annual.

This table contains 217 series, with data for years 1956 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (217 items: Meat; fish and dairy products; Beef and veal; fresh or frozen; Primary meat products; Meat products ...).

View monthly updates and historical trends for Canada Average Retail Price of Evaporated Milk. Source: Statistics Canada. Track economic data with YCharts…

Explore the diverse milk options and pricing strategies at Walmart Canada, from cow's milk to plant-based alternatives. Learn about regional variances, promotional discounts, and factors influencing milk prices, including government regulations and seasonal changes. Discover how Walmart's Great Value brand provides competitive pricing and how customers can take advantage of Rollback promotions and online grocery services for convenient shopping.

This file contains monthly price data on dairy foods consisting of producer prices, list prices, retail prices, cost prices and discounts by month for milk, butter, cheese and ice cream in various stores. Eleven supermarket chains in seven Canadian cities were surveyed: Toronto, Winnipeg, Montréal, Vancouver, Calgary, Regina and Halifax. The data are expressed as monthly prices in Canadian cents covering the period from January 1972 to June 1975. These datasets have been converted from their legacy file structures and encoding schemes so they can be used by contemporary computers that are based upon the ASCII character-encoding scheme. Each dataset will require specialized software such as a statistical tool, to interpret and analyze the content in each file. The attached codebook describes the file’s structure and defines the variables contained in each field. Each code book is a compilation of the summary description of the dataset as provided by the creating department. As such, it is available in English only.

This table contains 110 series, with data for years 1965 - 1975 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (10 items: Canada;Prince Edward Island;Nova Scotia;New Brunswick; ...); Type of dairy product sold by farmers (11 items: Cream for butter, sold by farmers;Milk for butter;Milk for cheese;Milk for ice cream mix and concentration; ...).

This statistic shows the annual consumer price index of dairy products and eggs in Canada from 2003 to 2024. The annual consumer price index for dairy products and eggs was measured at ***** in 2024.

Producers of dairy products benefit from the government's supply management system impacting the dairy industry. This system controls the production and price of raw milk, lowering input price volatility. However, this also prevents producers from manufacturing additional products to export, capping revenue and hindering profitability. Many dairy products, like butter, cheese and milk, are considered kitchen staples and are used as ingredients for many meals, resulting in steady demand for these products and protecting producers from drastic revenue losses. As a result, revenue has grown at an estimated CAGR of 2.1% to $21.5 billion over the past five years, including a 1.2% jump in 2024 alone. Changing consumer preferences have harmed milk sales, as buyers are increasingly opting for dairy-free alternatives, including soy-, oat- or other nut-based milk. This has also caused demand for cheese and yogurt to jump, making producers more profitable. Producers also benefit from multiple trade agreements, which enable them to export their products to foreign markets. While the supply management system has kept trade levels consistently low, free trade agreements have opened up more import space. As the industry grows, large producers will continue consolidating by acquiring smaller competitors, enabling them to expand their market share and product offerings. Over the coming years, demand for dairy products will continue expanding, although at a slower rate. Producers must focus on products that meet changing consumer preferences, like cheese and yogurt. Similarly, the country's participation in trade agreements will help boost international trade, creating more opportunities for domestic producers to penetrate global markets. However, given the constraints of the supply management system, these opportunities will be limited. These trends will expand revenue at an estimated CAGR of 1.1% to $22.7 billion over the next five years.