Canada - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Granite Price in Canada - 2023
Contents:
- Crude Granite Price in Canada (FOB) - 2022
- Crude Granite Price in Canada (CIF) - 2023
- Crude Granite Exports in Canada
- Crude Granite Imports in Canada
Crude Granite Price in Canada (FOB) - 2022
In 2022, the average crude granite export price amounted to $210 per ton, surging by 14% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude granite export price increased by +23.7% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $265 per ton in 2018; however, from 2019 to 2022, 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 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +12.3% per year.
Crude Granite Price in Canada (CIF) - 2023
The average crude granite import price stood at $313 per ton in June 2023, waning by -18.2% against the previous month. Overall, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 45% against the previous month. The import price peaked at $596 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($403 per ton), while the price for India ($172 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (+66.1%), while the prices for the other major suppliers experienced a decline.
Crude Granite Exports in Canada
In 2022, overseas shipments of granite (crude) decreased by -11.6% to 21K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year.
In value terms, crude granite exports stood at $4.4M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Crude Granite in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 2.6 | 3.9 | 4.4 | 24.1% |
| France | 0.6 | 0.8 | 0.5 | N/A | -8.7% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.9 | 3.5 | 4.4 | 4.4 | 14.9% |
Top Export Markets for Crude Granite from Canada in 2022:
- United States (20.9K tons)
Crude Granite Imports in Canada
In 2022, crude granite imports into Canada fell significantly to 5.4K tons, with a decrease of -16.8% on the previous year. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 180% against the previous year. As a result, imports attained the peak of 6.4K tons, and then contracted sharply in the following year.
In value terms, crude granite imports contracted dramatically to $2.4M in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 180% against the previous year. As a result, imports reached the peak of $2.9M, and then declined rapidly in the following year.
| Import of Crude Granite in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 715 | 482 | 1,478 | 1,266 | 21.0% |
| South Africa | 460 | 313 | 1,223 | 909 | 25.5% |
| Finland | N/A | 11.6 | 29.7 | 107 | 203.7% |
| India | 130 | 122 | 104 | 0.5 | -84.3% |
| Others | 125 | 98.8 | 37.1 | 109 | -4.5% |
| Total | 1,430 | 1,027 | 2,872 | 2,390 | 18.7% |
Top Suppliers of Crude Granite to Canada in 2022:
- India (undefinedK tons)
- United States (2.8K tons)
- South Africa (1.8K tons)
- Finland (0.5K tons)
This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the crude granite market in Canada.
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