Canada: Vapour Generating Boiler Market 2025

Vapour Generating Boiler Market Size in Canada

In 2021, the Canadian vapour generating boiler market decreased by -0.6% to $X, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.1% against 2019 indices. Vapour generating boiler consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Vapour Generating Boiler Production in Canada

In value terms, vapour generating boiler production fell modestly to $X in 2021 estimated in export price. In general, production, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 197%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Vapour Generating Boiler Exports

Exports from Canada

In 2021, overseas shipments of vapour generating boilers increased by 9.1% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of 492%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vapour generating boiler exports reduced rapidly to $X in 2021. Overall, exports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 561%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for vapour generating boiler exports from Canada, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +4.9%.

In value terms, the United States ($X) also remains the key foreign market for vapour generating boilers exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -5.3%.

Export Prices by Country

In 2021, the average vapour generating boiler export price amounted to $X per ton, waning by -23.1% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -9.8% per year.

Vapour Generating Boiler Imports

Imports into Canada

In 2021, vapour generating boiler imports into Canada skyrocketed to X tons, surging by 93% on the year before. In general, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, vapour generating boiler imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of vapour generating boiler to Canada, with a 81% share of total imports. Moreover, vapour generating boiler imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. Mexico (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+35.8% per year) and Mexico (-14.1% per year).

In value terms, the United States ($X) constituted the largest supplier of vapour generating boilers to Canada, comprising 82% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.3% share of total imports. It was followed by Mexico, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+24.6% per year) and Mexico (-17.5% per year).

Import Prices by Country

In 2021, the average vapour generating boiler import price amounted to $X per ton, falling by -5.7% against the previous year. Overall, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2020 when the average import price increased by 73% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Italy ($X per ton) and the United States ($X per ton), while the price for the Netherlands ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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