Canada: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Canada

The Canadian agglomerated powder rod market was estimated at $X in 2021, with an increase of 14% against the previous year. Overall, consumption, however, saw a pronounced descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Agglomerated Powder Rod Production in Canada

In value terms, agglomerated powder rod production reached $X in 2021 estimated in export price. Overall, production, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 36%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Agglomerated Powder Rod Exports

Exports from Canada

After four years of decline, shipments abroad of base metal wire and rods of agglomerated base powder increased by 13% to X tons in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 1,984% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, agglomerated powder rod exports stood at $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 980% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for agglomerated powder rod exports from Canada, with a 94% share of total exports. It was followed by Bangladesh (X tons), with a 2.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +45.9%.

In value terms, the United States ($X) remains the key foreign market for base metal wire and rods of agglomerated base powder exports from Canada, comprising 94% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +29.2%.

Export Prices by Country

In 2021, the average agglomerated powder rod export price amounted to $X per ton, with a decrease of -11.4% against the previous year. Over the period under review, the export price saw a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 15%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Bangladesh amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-11.5%).

Agglomerated Powder Rod Imports

Imports into Canada

In 2021, supplies from abroad of base metal wire and rods of agglomerated base powder was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, agglomerated powder rod imports soared to $X in 2021. Overall, imports, however, recorded a mild contraction. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), China (X tons) and the United States (X tons) were the main suppliers of agglomerated powder rod imports to Canada, with a combined 87% share of total imports. These countries were followed by India, Vietnam and Peru, which together accounted for a further 7.4%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +179.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of base metal wire and rods of agglomerated base powder to Canada, comprising 51% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.8% per year) and Italy (-12.7% per year).

Import Prices by Country

In 2021, the average agglomerated powder rod import price amounted to $X per ton, falling by -16% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then dropped sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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