Canada: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Canada

The Canadian metal advertising sign market dropped to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2016 to 2020, the growth of the market failed to regain the momentum.

Metal Advertising Sign Production in Canada

In value terms, metal advertising sign production shrank rapidly to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2020, production growth remained at a lower figure.

Metal Advertising Sign Exports

Exports from Canada

In 2020, shipments abroad of metal advertising signs decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X tons in 2019, and then fell dramatically in the following year.

In value terms, metal advertising sign exports reduced sharply to $X in 2020. Over the period under review, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then declined significantly in the following year.

Exports by Country

Bermuda (X tons) was the main destination for metal advertising sign exports from Canada, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Bermuda exceeded the volume sent to the second major destination, Turks and Caicos Islands (X tons), fivefold. The third position in this ranking was occupied by Angola (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Bermuda stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turks and Caicos Islands (+X% per year) and Angola (+X% per year).

In value terms, Bermuda ($X) emerged as the key foreign market for metal advertising sign exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Turks and Caicos Islands ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Bermuda amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turks and Caicos Islands (+X% per year) and Angola (+X% per year).

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price saw a significant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2020, the highest prices were recorded for prices to Saint Kitts and Nevis ($X per ton) and Austria ($X per ton), while the average price for exports to Turks and Caicos Islands ($X per ton) and Bermuda ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Maldives, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Canada

In 2020, approx. X tons of metal advertising signs were imported into Canada; which is down by -X% on 2019 figures. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports shrank modestly to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of metal advertising sign to Canada, accounting for a X% share of total imports. Moreover, metal advertising sign imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), twofold. The third position in this ranking was occupied by Mexico (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Mexico (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of metal advertising sign to Canada, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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