Canada: Metal Self-Tapping Screw Market 2025

Metal Self-Tapping Screw Market Size in Canada

In 2022, the Canadian metal self-tapping screw market increased by 28% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +52.9% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Self-Tapping Screw Exports

Exports from Canada

In 2022, overseas shipments of iron or steel self-tapping screws increased by 12% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 71% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, metal self-tapping screw exports amounted to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by 69%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for metal self-tapping screw exports from Canada, accounting for a approx. 95% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +12.5%.

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

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +14.6%.

Export Prices by Country

The average metal self-tapping screw export price stood at $X per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

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 +1.9% per year.

Metal Self-Tapping Screw Imports

Imports into Canada

After three years of decline, purchases abroad of iron or steel self-tapping screws increased by 30% to X tons in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 54%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal self-tapping screw imports skyrocketed to $X in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of metal self-tapping screw to Canada, with a 73% share of total imports. Moreover, metal self-tapping screw imports from the United States exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sixfold. Malaysia (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.9% per year) and Malaysia (+10.7% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of iron or steel self-tapping screws to Canada, comprising 48% of total imports. The second position in the ranking was held by the United States ($X), with a 21% share of total imports. It was followed by Vietnam, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.3% per year) and Vietnam (+18.4% per year).

Import Prices by Country

In 2022, the average metal self-tapping screw import price amounted to $X per ton, shrinking by -2.3% against the previous year. In general, the import price, however, showed temperate growth. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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