Canada: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Canada

The Canadian market for building blocks and bricks of cement, concrete or artificial stone totaled $X in 2021, surging by 8.4% against the previous year. Overall, consumption, however, recorded a abrupt descent. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Canada

In value terms, production of building blocks and bricks of cement, concrete or artificial stone expanded rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a deep contraction. The pace of growth was the most pronounced in 2019 when the production volume increased by 18%. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Canada

In 2021, approx. X tons of building blocks and bricks of cement, concrete or artificial stone were exported from Canada; approximately equating the year before. Overall, total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +15.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone expanded sharply to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 15%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Canada, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +3.6%.

In value terms, the United States ($X) also remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +1.3%.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, rising by 8% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -2.3% per year.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Canada

Imports of building blocks and bricks of cement, concrete or artificial stone into Canada declined slightly to X tons in 2021, waning by -3.9% on 2020. Overall, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.5% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of X tons, and then declined slightly in the following year.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 43% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, the United States (X tons) constituted the largest building blocks and bricks of cement, concrete or artificial stone supplier to Canada, accounting for a 83% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+39.8% per year) and China (-3.9% per year).

In value terms, the United States ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Canada, comprising 83% of total imports. The second position in the ranking was held by Mexico ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+39.1% per year) and China (-4.3% per year).

Import Prices by Country

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, jumping by 20% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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