Report Update Nov 1, 2024

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

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Canada: Slate Market 2024

Slate Market Size in Canada

The Canadian slate market soared to $X in 2021, picking up by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a slight reduction. Slate consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Slate Exports

Exports from Canada

Slate exports from Canada declined notably to X tons in 2021, which is down by -87.9% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 230% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, slate exports contracted notably to $X in 2021. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2018 when exports increased by 181%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Panama (X tons) was the main destination for slate exports from Canada, accounting for a 75% share of total exports. Moreover, slate exports to Panama exceeded the volume sent to the second major destination, Saint Pierre and Miquelon (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Panama was relatively modest.

In value terms, Panama ($X) emerged as the key foreign market for slate exports from Canada, comprising 84% of total exports. The second position in the ranking was taken by Saint Pierre and Miquelon ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama was relatively modest.

Export Prices by Country

The average slate export price stood at $X per ton in 2021, declining by -35.7% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Saint Pierre and Miquelon totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.0%).

Slate Imports

Imports into Canada

In 2021, the amount of slate imported into Canada surged to X tons, increasing by 51% against the year before. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by 233% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, slate imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 170% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Greece (X tons) were the main suppliers of slate imports to Canada, together comprising 93% of total imports. Brazil, Russia and India lagged somewhat behind, together comprising a further 6.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +174.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Brazil ($X) were the largest slate suppliers to Canada, together accounting for 84% of total imports. These countries were followed by Greece, India and Russia, which together accounted for a further 16%.

Russia, with a CAGR of +121.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average slate import price amounted to $X per ton, shrinking by -9.5% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 5.5%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slate in the world?

The country with the largest volume of slate consumption was Sudan, comprising approx. 81% of total volume. Moreover, slate consumption in Sudan exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of slate in the world?

Sudan constituted the country with the largest volume of slate production, accounting for 81% of total volume. Moreover, slate production in Sudan exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. China ranked third in terms of total production with a 3.9% share.

What are the leading suppliers of slate to Canada?

In value terms, China, the United States and Brazil constituted the largest slate suppliers to Canada, with a combined 61% share of total imports. Greece, India, Russia and Taiwan Chinese) lagged somewhat behind, together accounting for a further 12%.

What are the leading importers of slate from Canada?

In value terms, Vietnam emerged as the key foreign market for slate exports from Canada, comprising 71% of total exports. The second position in the ranking was occupied by the United States, with a 25% share of total exports.

What is the average export price for slate in Canada?

The average slate export price stood at $354 per ton in 2021, reducing by -35.3% against the previous year.

What is the average import price for slate in Canada?

The average slate import price stood at $254 per ton in 2021, growing by 52% against the previous year.

This report provides an in-depth analysis of the slate 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 08114000 - Slate, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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