Canada - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 28, 2024

Canada - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Keys Price in Canada - 2023

Contents:

  1. Base Metal Keys Price in Canada (CIF) - 2022
  2. Base Metal Keys Price in Canada (FOB) - 2022
  3. Base Metal Keys Imports in Canada
  4. Base Metal Keys Exports in Canada

Base Metal Keys Price in Canada (CIF) - 2022

In 2022, the average base metal keys import price amounted to $40,740 per ton, waning by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 an increase of 8.5%. As a result, import price attained the peak level of $43,006 per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($40,744 per ton) and South Korea ($40,744 per ton), while the price for Japan ($40,742 per ton) and Finland ($40,743 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Base Metal Keys Price in Canada (FOB) - 2022

In 2022, the average base metal keys export price amounted to $65,241 per ton, rising by 30% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($89,200 per ton), while the average price for exports to Nicaragua ($7,073 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 UK (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Keys Imports in Canada

Base metal keys imports into Canada soared to 457 tons in 2022, picking up by 19% against 2021. Over the period under review, imports, however, showed a mild decrease.

In value terms, base metal keys imports amounted to $19M in 2022. In general, imports, however, recorded a relatively flat trend pattern.

Import of Base Metal Keys in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.49.010.011.2-0.6%
Germany1.51.21.51.98.2%
China0.80.90.91.214.5%
Mexico1.31.10.91.0-8.4%
Japan0.80.70.80.80.0%
Taiwan (Chinese)0.80.60.60.6-9.1%
South Korea0.60.50.40.5-5.9%
Others1.41.11.31.52.3%
Total18.715.216.418.6-0.2%

Top Suppliers of Base Metal Keys to Canada in 2022:

  1. United States (274.7 tons)
  2. Germany (46.3 tons)
  3. China (30.6 tons)
  4. Mexico (23.7 tons)
  5. Japan (19.4 tons)
  6. Taiwan (Chinese) (13.5 tons)
  7. South Korea (12.5 tons)

Base Metal Keys Exports in Canada

In 2022, overseas shipments of base metal keys were finally on the rise to reach 15 tons after two years of decline. Over the period under review, exports, however, showed a perceptible decline.

In value terms, base metal keys exports soared to $949K in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Base Metal Keys in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40127925584828.4%
Italy19.010.312.135.823.5%
China45.415.91.411.9-36.0%
Australia24225519.67.7-68.3%
Belgium42.157.181.73.7-55.5%
Finland15.920.944.41.6-53.5%
NicaraguaN/AN/AN/A1.60%
New Zealand25.070.64.41.3-62.7%
Singapore75.80.10.2N/A-94.9%
Others47.142.573.536.7-8.0%
Total9137514939491.3%

Top Export Markets for Base Metal Keys from Canada in 2022:

  1. Singapore (undefined tons)
  2. Finland (undefined tons)
  3. New Zealand (undefined tons)
  4. United States (12.7 tons)
  5. Italy (0.5 tons)
  6. China (0.2 tons)
  7. Nicaragua (0.2 tons)
  8. Australia (0.1 tons)
  9. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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