Canada - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Metal Gas Appliances Market 2024
Metal Gas Appliances Market Size in Canada
After three years of growth, the Canadian metal gas appliances market decreased by -10.5% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped in the following year.
Metal Gas Appliances Production in Canada
In value terms, metal gas appliances production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 53% against the previous year. Metal gas appliances production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.
Metal Gas Appliances Exports
Exports from Canada
After two years of growth, shipments abroad of iron or steel gas domestic appliances decreased by -11.1% to X units in 2022. Overall, exports, however, recorded a strong increase. The growth pace was the most rapid in 2014 when exports increased by 42% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted in the following year.
In value terms, metal gas appliances exports reached $X in 2022. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
Exports by Country
The United States (X units) was the main destination for metal gas appliances exports from Canada, accounting for a 97% share of total exports. It was followed by Australia (X units), with a 1.3% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to the United States totaled +7.9%.
In value terms, the United States ($X) remains the key foreign market for iron or steel gas domestic appliances exports from Canada, comprising 97% of total exports. The second position in the ranking was held by Australia ($X), with a 2.1% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +6.9%.
Export Prices by Country
The average metal gas appliances export price stood at $X per unit in 2022, with an increase of 15% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the United States stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.9%).
Metal Gas Appliances Imports
Imports into Canada
After six years of growth, supplies from abroad of iron or steel gas domestic appliances decreased by -22.3% to X units in 2022. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2021 when imports increased by 112%. As a result, imports attained the peak of X units, and then dropped markedly in the following year.
In value terms, metal gas appliances imports dropped to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 116%. As a result, imports attained the peak of $X, and then declined in the following year.
Imports by Country
In 2022, China (X units) was the main supplier of metal gas appliances to Canada, accounting for a 93% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +14.7%.
In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Canada, comprising 65% of total imports. The second position in the ranking was held by the United States ($X), with a 30% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +20.1%.
Import Prices by Country
In 2022, the average metal gas appliances import price amounted to $X per unit, surging by 9.6% against the previous year. Overall, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal gas appliances market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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