Hand Saws Price in Canada - 2023

Contents:

  1. Hand Saws Price in Canada (CIF) - 2023
  2. Hand Saws Price in Canada (FOB) - 2023
  3. Hand Saws Imports in Canada
  4. Hand Saws Exports in Canada

Hand Saws Price in Canada (CIF) - 2023

The average hand saws import price stood at $28,593 per ton in June 2023, flattening at the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 12% m-o-m. Over the period under review, average import prices hit record highs at $28,598 per ton in May 2023, and then contracted slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($28,530 per ton), while the price for Japan ($17,677 per ton) was amongst the lowest.

From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Saws Price in Canada (FOB) - 2023

The average hand saws export price stood at $30,491 per ton in June 2023, standing approximately at the previous month. Over the period under review, export price indicated a pronounced increase from September 2022 to June 2023: its price increased at an average monthly rate of +4.3% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, hand saws export price decreased by -3.0% against March 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 41% against the previous month. Over the period under review, the average export prices attained the peak figure at $31,430 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In June 2023, the highest price was recorded for prices to the United States ($28,453 per ton) and Japan ($26,257 per ton), while the average price for exports to China ($26,257 per ton) and South Korea ($26,257 per ton) were amongst the lowest.

From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Imports in Canada

In 2022, imports of hand sawses into Canada expanded markedly to 7.5K tons, growing by 5.5% against the previous year's figure. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, hand saws imports rose modestly to $187M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Hand Saws in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.457.473.879.310.1%
China25.931.943.638.514.1%
Switzerland10.412.816.315.414.0%
Italy7.78.510.611.213.3%
Germany7.35.16.76.5-3.8%
Japan4.54.45.96.513.0%
Thailand1.52.32.95.150.4%
South Korea2.41.92.42.85.3%
Brazil0.91.22.22.744.2%
Taiwan (Chinese)2.12.52.82.78.7%
Sweden1.41.42.62.521.3%
Others10.18.512.213.811.0%
Total13413818218711.7%

Top Suppliers of Hand Saws to Canada in 2022:

  1. United States (3061.1 tons)
  2. China (1527.2 tons)
  3. Switzerland (589.0 tons)
  4. Italy (398.1 tons)
  5. Japan (322.8 tons)
  6. Germany (282.2 tons)
  7. Thailand (178.3 tons)
  8. Brazil (132.2 tons)
  9. Taiwan (Chinese) (129.7 tons)
  10. Sweden (118.9 tons)
  11. South Korea (110.3 tons)

Hand Saws Exports in Canada

For the fourth year in a row, Canada recorded growth in shipments abroad of hand sawses, which increased by 16% to 4.2K tons in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +71.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, hand saws exports declined to $91M in 2022. In general, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Export of Hand Saws in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.446.059.250.92.4%
Belgium30.923.922.823.6-8.6%
China4.93.94.44.0-6.5%
Sweden4.52.03.62.7-15.7%
Japan3.42.01.61.8-19.1%
Germany1.71.21.51.2-11.0%
Others8.55.48.16.5-8.6%
Total10184.310190.6-3.6%

Top Export Markets for Hand Saws from Canada in 2022:

  1. United States (2443.5 tons)
  2. Belgium (990.9 tons)
  3. China (168.2 tons)
  4. Sweden (113.8 tons)
  5. Japan (75.9 tons)
  6. Germany (74.2 tons)

Source: IndexBox Market Intelligence Platform

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