Canada: Blow Lamp Market 2024

Blow Lamp Market Size in Canada

The Canadian blow lamp market surged to $X in 2022, rising by 35% against the previous year. Over the period under review, consumption showed a prominent increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Blow Lamp Production in Canada

In value terms, blow lamp production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. Blow lamp production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Blow Lamp Exports

Exports from Canada

In 2022, shipments abroad of blow lamps decreased by -30.8% to X tons, falling for the third year in a row after two years of growth. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of 253%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, blow lamp exports fell dramatically to $X in 2022. Over the period under review, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of 276% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Cuba (X kg) and Brazil (X kg) were the main destinations of blow lamp exports from Canada, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (with a CAGR of +89.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Cuba ($X) and Brazil ($X) were the largest markets for blow lamp exported from Canada worldwide, together comprising 94% of total exports. Norway and Morocco lagged somewhat behind, together comprising a further 3.7%.

Among the main countries of destination, Morocco, with a CAGR of +147.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average blow lamp export price stood at $X per ton in 2022, waning by -16.2% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blow lamp export price increased by +2.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cuba ($X per ton) and Norway ($X per ton), while the average price for exports to Morocco ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+51.1%), while the prices for the other major destinations experienced mixed trend patterns.

Blow Lamp Imports

Imports into Canada

In 2022, the amount of blow lamps imported into Canada soared to X tons, rising by 45% against 2021 figures. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, blow lamp imports surged to $X in 2022. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 40% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of blow lamp imports to Canada, together accounting for 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +23.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest blow lamp suppliers to Canada were the United States ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 92% share of total imports.

In terms of the main suppliers, China, with a CAGR of +23.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blow lamp import price stood at $X per ton in 2022, declining by -9.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the price for Japan ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :