Canada: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Canada

The Canadian market for boards, sheets, panels, tiles and similar articles of plaster not faced was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a mild setback. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Canada

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 78%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Canada

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -1.3% to X square meters, falling for the second year in a row after four years of growth. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 25%. The exports peaked at X square meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced expanded significantly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 31%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Canada, accounting for a 88% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to the United States exceeded the volume sent to the second major destination, Chile (X square meters), more than tenfold. Mexico (X square meters) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+3.8% per year) and Mexico (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Canada, comprising 88% of total exports. The second position in the ranking was taken by Chile ($X), with a 7.9% share of total exports. It was followed by Mexico, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+4.0% per year) and Mexico (0.0% per year).

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, increasing by 7.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per square meter) and the United States ($X per square meter), while the average price for exports to Peru ($X per square meter) and Chile ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Canada

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported into Canada; with an increase of 23% against 2020 figures. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 33% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X square meters) was the main supplier of board, sheet, panel, tile and similar article of plaster not faced to Canada, with a 98% share of total imports. It was followed by Mexico (X square meters), with a 1.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +9.2%.

In value terms, the United States ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster not faced to Canada, comprising 98% of total imports. The second position in the ranking was taken by Mexico ($X), with a 1.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +8.4%.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, rising by 14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Mexico totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.8%).

Source: IndexBox Platform

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