Canada: Levels Market 2024

Levels Market Size in Canada

In 2022, the Canadian levels market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Levels Exports

Exports from Canada

In 2022, overseas shipments of levels increased by X% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, levels exports fell significantly to $X in 2022. In general, exports saw a perceptible increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

The United States (X units) was the main destination for levels exports from Canada, with a X% share of total exports. Moreover, levels exports to the United States exceeded the volume sent to the second major destination, Nigeria (X units), fourfold. The third position in this ranking was held by Pakistan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Pakistan (X% per year).

In value terms, the United States ($X) remains the key foreign market for levels exports from Canada, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Pakistan (X% per year).

Export Prices by Country

The average levels export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while the average price for exports to Nigeria ($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 Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Levels Imports

Imports into Canada

After two years of growth, overseas purchases of levels decreased by X% to X units in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, levels imports amounted to $X in 2022. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of levels to Canada, with a X% share of total imports. Moreover, levels imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest levels suppliers to Canada were China ($X), Germany ($X) and the United States ($X), with a combined X% share of total imports. Singapore, the UK and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average levels import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, levels import price increased by X% against 2020 indices. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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