Canada: Nails And Tacks Market 2025

Nails And Tacks Market Size in Canada

The Canadian nails and tacks market totaled $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +27.1% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Nails And Tacks Production in Canada

In value terms, nails and tacks production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 167% against the previous year. Nails and tacks production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Nails And Tacks Exports

Exports from Canada

In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples exported from Canada dropped dramatically to X tons, which is down by -15.6% compared with the year before. Over the period under review, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2016 when exports increased by 175%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, nails and tacks exports dropped to $X in 2022. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 170%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for nails and tacks exports from Canada, with a 94% share of total exports. Moreover, nails and tacks exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +8.7%.

In value terms, the United States ($X) remains the key foreign market for nails, tacks, drawing pins, corrugated nails, staples exports from Canada, comprising 93% of total exports. The second position in the ranking was taken by Mexico ($X), with a 3.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +9.1%.

Export Prices by Country

The average nails and tacks export price stood at $X per ton in 2022, surging by 5.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.4%).

Nails And Tacks Imports

Imports into Canada

In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples imported into Canada contracted to X tons, waning by -9% against 2021 figures. Overall, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 130% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, nails and tacks imports amounted to $X in 2022. In general, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of nails and tacks to Canada, accounting for a 74% share of total imports. Moreover, nails and tacks imports from China exceeded the figures recorded by the second-largest supplier, the United States (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 rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.6% per year) and Malaysia (-8.8% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, drawing pins, corrugated nails, staples to Canada, comprising 61% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by South Korea, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.6% per year) and South Korea (-3.1% per year).

Import Prices by Country

In 2022, the average nails and tacks import price amounted to $X per ton, with an increase of 21% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 89% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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