Canada: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Canada

The Canadian prepared additives for cements market was estimated at $X in 2022, surging by 3.9% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.0% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Prepared Additives For Cements, Mortars Or Concretes in Canada

In value terms, prepared additives for cements production rose to $X in 2022 estimated in export price. Overall, production recorded a tangible increase. The pace of growth appeared the most rapid in 2018 with an increase of 101%. Prepared additives for cements production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Canada

In 2022, the amount of prepared additives for cements, mortars or concretes exported from Canada surged to X tons, picking up by 17% compared with 2021. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +7.8% 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 +12.9% against 2019 indices. The pace of growth was the most pronounced in 2014 when exports increased by 37% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, prepared additives for cements exports soared to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons) was the main destination for prepared additives for cements exports from Canada, accounting for a 73% share of total exports. Moreover, prepared additives for cements exports to the United States exceeded the volume sent to the second major destination, India (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+33.9% per year) and the UK (+15.7% per year).

In value terms, the United States ($X) remains the key foreign market for prepared additives for cements, mortars or concretes exports from Canada, comprising 69% of total exports. The second position in the ranking was held by India ($X), with a 5% share of total exports. It was followed by the UK, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+19.4% per year) and the UK (+16.5% per year).

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2017 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Canada

In 2022, supplies from abroad of prepared additives for cements, mortars or concretes increased by 14% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable downturn. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, prepared additives for cements imports soared to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of prepared additives for cements to Canada, accounting for a 85% share of total imports. Moreover, prepared additives for cements imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+47.7% per year) and Italy (+21.5% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Canada, comprising 84% of total imports. The second position in the ranking was held by China ($X), with a 6.6% share of total imports. It was followed by Germany, with a 2% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.7% per year) and Germany (-10.2% per year).

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, with an increase of 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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