Canada: Spades And Shovels Market 2025

Spades And Shovels Market Size in Canada

The Canadian spades and shovels market skyrocketed to $X in 2021, growing by 16% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Spades and shovels consumption peaked in 2021 and is expected to retain growth in the near future.

Spades And Shovels Production in Canada

In value terms, spades and shovels production fell to $X in 2021 estimated in export price. Overall, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +21.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. Spades and shovels production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Spades And Shovels Exports

Exports from Canada

In 2021, the amount of spades and shovels exported from Canada fell to X tons, waning by -5% on the previous year's figure. Over the period under review, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 258% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, spades and shovels exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 270%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for spades and shovels exports from Canada, accounting for a 80% share of total exports. Moreover, spades and shovels exports to the United States exceeded the volume sent to the second major destination, Ireland (X tons), more than tenfold. The third position in this ranking was held by Japan (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+14.0% per year) and Japan (-14.8% per year).

In value terms, the United States ($X) remains the key foreign market for spades and shovels exports from Canada, comprising 80% of total exports. The second position in the ranking was taken by Ireland ($X), with a 3% share of total exports. It was followed by Japan, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+20.5% per year) and Japan (-9.9% per year).

Export Prices by Country

The average spades and shovels export price stood at $X per ton in 2021, picking up by 30% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and Haiti ($X per ton), while the average price for exports to Germany ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Spades And Shovels Imports

Imports into Canada

In 2021, spades and shovels imports into Canada fell modestly to X tons, with a decrease of -3.2% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, spades and shovels imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest spades and shovels supplier to Canada, with a 75% share of total imports. Moreover, spades and shovels imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.8% per year) and Taiwan (Chinese) (+0.4% per year).

In value terms, China ($X) constituted the largest supplier of spades and shovels to Canada, comprising 75% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by Taiwan (Chinese), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.8% per year) and Taiwan (Chinese) (+3.6% per year).

Import Prices by Country

The average spades and shovels import price stood at $X per ton in 2021, growing by 38% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the price for India ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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