Report Update Nov 1, 2024

Canada - Sails - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Sails Market 2024

Sails Market Size in Canada

In 2022, the Canadian sails market increased by 4.3% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Sails Production in Canada

In value terms, sails production amounted to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 127%. Sails production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sails Exports

Exports from Canada

After two years of decline, shipments abroad of sails increased by 16% to X tons in 2022. In general, exports, however, saw a pronounced decrease. The growth pace was the most rapid in 2015 when exports increased by 42%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sails exports soared to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 57%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for sails exports from Canada, with a 82% share of total exports. Moreover, sails exports to the United States exceeded the volume sent to the second major destination, France (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+74.2% per year) and Spain (-23.0% per year).

In value terms, the United States ($X) remains the key foreign market for sails exports from Canada, comprising 82% of total exports. The second position in the ranking was taken by France ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+76.7% per year) and Spain (-18.4% per year).

Export Prices by Country

In 2022, the average sails export price amounted to $X per ton, growing by 6% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 an increase of 39%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($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 Spain (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sails Imports

Imports into Canada

In 2022, purchases abroad of sails increased by 8.6% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted strong growth. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sails imports rose sharply to $X in 2022. In general, imports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Sri Lanka (X tons) and the United States (X tons) were the main suppliers of sails imports to Canada, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +17.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X) constituted the largest supplier of sails to Canada, comprising 51% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by China, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sri Lanka was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.4% per year) and China (+2.6% per year).

Import Prices by Country

The average sails import price stood at $X per ton in 2022, shrinking by -2.7% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sails in the world?

China remains the largest sail consuming country worldwide, comprising approx. 16% of total volume. Moreover, sail consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the largest producers of sails in the world?

China remains the largest sail producing country worldwide, accounting for 17% of total volume. Moreover, sail production in China exceeded the figures recorded by the second-largest producer, the Netherlands, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of sails to Canada?

In value terms, Sri Lanka constituted the largest supplier of sail to Canada, comprising 50% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports.

What are the leading importers of sails from Canada?

In value terms, the U.S. remains the key foreign market for sail exports from Canada, comprising 97% of total exports. The second position in the ranking was occupied by France, with a 3.1% share of total exports.

What is the average export price for sails in Canada?

In 2020, the average sail export price amounted to $141,706 per ton, with an increase of 53% against the previous year.

What is the average import price for sails in Canada?

The average sail import price stood at $37,220 per ton in 2020, with a decrease of -27.2% against the previous year.

This report provides an in-depth analysis of the sails market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13922250 - Sails

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023