Canada: Market for Iron Or Steel Anchors, Grapnels 2025

Market Size for Iron Or Steel Anchors, Grapnels in Canada

The Canadian metal anchors and grapnels market shrank slightly to $X in 2022, remaining constant against the previous year. In general, consumption recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Anchors, Grapnels in Canada

In value terms, metal anchors and grapnels production contracted to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The pace of growth was the most pronounced in 2016 with an increase of 155%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Canada

Metal anchors and grapnels exports from Canada soared to X units in 2022, with an increase of 27% against the previous year. Overall, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2018 when exports increased by 153%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels exports expanded modestly to $X in 2022. In general, exports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 88%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for metal anchors and grapnels exports from Canada, accounting for a 93% share of total exports. It was followed by Cuba (X units), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+78.4% per year) and Kazakhstan (-42.3% per year).

In value terms, the United States ($X) remains the key foreign market for iron or steel anchors, grapnels exports from Canada, comprising 92% of total exports. The second position in the ranking was held by Cuba ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+80.6% per year) and Kazakhstan (-41.6% per year).

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, waning by -17.9% against the previous year. Over the period under review, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 132%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Canada

In 2022, overseas purchases of iron or steel anchors, grapnels were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels imports soared to $X in 2022. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2015 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X units), the United States (X units) and the Netherlands (X units) were the main suppliers of metal anchors and grapnels imports to Canada, with a combined 95% share 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 +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest metal anchors and grapnels suppliers to Canada, with a combined 95% share of total imports.

Among the main suppliers, China, with a CAGR of +10.8%, saw the highest rates of growth with regard to 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 metal anchors and grapnels import price stood at $X per unit in 2022, waning by -13.7% against the previous year. In general, the import price showed a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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