Canada: Moulds For Metal Market 2024

Moulds For Metal Market Size in Canada

The Canadian moulds for metal market shrank to $X in 2022, dropping by -6.2% against the previous year. Overall, consumption recorded a pronounced reduction. 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.

Moulds For Metal Production in Canada

In value terms, moulds for metal production reduced to $X in 2022 estimated in export price. Overall, production saw a noticeable downturn. The growth pace was the most rapid in 2016 when the production volume increased by 85%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Moulds For Metal Exports

Exports from Canada

In 2022, overseas shipments of moulds for metals increased by 47% to X tons, rising for the second year in a row after five years of decline. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 when exports increased by 44% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for moulds for metal exports from Canada, accounting for a 96% share of total exports. It was followed by the Netherlands (X tons), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +4.3%.

In value terms, the United States ($X) remains the key foreign market for moulds for metals exports from Canada, comprising 93% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 0.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to -2.3%.

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, waning by -17.3% against the previous year. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 46%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.4%), while the prices for the other major destinations experienced a decline.

Moulds For Metal Imports

Imports into Canada

In 2022, the amount of moulds for metals imported into Canada skyrocketed to X tons, rising by 57% against 2021 figures. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, moulds for metal imports rose slightly to $X in 2022. Over the period under review, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2015 when imports increased by 17% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), the United States (X tons) and China (X tons) were the main suppliers of moulds for metal imports to Canada, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +154.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of moulds for metals to Canada, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Italy, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and Italy (+3.9% per year).

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, shrinking by -33.3% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 17%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform