Canada: Metal Crown Cork Market 2025

Metal Crown Cork Market Size in Canada

The Canadian metal crown cork market fell to $X in 2022, leveling off at the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Metal Crown Cork Production in Canada

In value terms, metal crown cork production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 150%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Metal Crown Cork Exports

Exports from Canada

In 2022, exports of iron or steel crown corks from Canada dropped to X units, shrinking by -14.3% against 2021 figures. In general, exports, however, showed a moderate increase. The pace of growth was the most pronounced in 2014 when exports increased by 45%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal crown cork exports rose notably to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for metal crown cork exports from Canada, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +4.2%.

In value terms, the United States ($X) also remains the key foreign market for iron or steel crown corks exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +6.3%.

Export Prices by Country

The average metal crown cork export price stood at $X per thousand units in 2022, with an increase of 34% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.0% per year.

Metal Crown Cork Imports

Imports into Canada

In 2022, metal crown cork imports into Canada shrank to X units, dropping by -6.9% on the year before. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of 11% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal crown cork imports soared to $X in 2022. Overall, imports saw a perceptible downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Greece (X units) and the United States (X units) were the main suppliers of metal crown cork imports to Canada, together accounting for 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +45.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Greece ($X) and the United States ($X) appeared to be the largest metal crown cork suppliers to Canada, together accounting for 94% of total imports.

Italy, with a CAGR of +49.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average metal crown cork import price amounted to $X per thousand units, picking up by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per thousand units) and Italy ($X per thousand units), while the price for the United States ($X per thousand units) and Greece ($X per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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