Canada - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in Canada - 2023
Contents:
- Metal Cutting Shear Price in Canada (CIF) - 2022
- Metal Cutting Shear Price in Canada (FOB) - 2022
- Metal Cutting Shear Imports in Canada
- Metal Cutting Shear Exports in Canada
Metal Cutting Shear Price in Canada (CIF) - 2022
In 2022, the average metal cutting shear import price amounted to $16,505 per ton, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 an increase of 25%. Over the period under review, average import prices reached the maximum at $18,451 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($16,505 per ton) and Japan ($16,505 per ton), while the price for Germany ($16,505 per ton) and the United States ($16,505 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Cutting Shear Price in Canada (FOB) - 2022
In 2022, the average metal cutting shear export price amounted to $40,000 per ton, picking up by 49% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal cutting shear export price increased by +52.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($40,009 per ton) and China ($40,009 per ton), while the average price for exports to Turkey ($39,991 per ton) and France ($39,997 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Cutting Shear Imports in Canada
In 2022, approx. 640 tons of metal cutting shears and similar hand tools were imported into Canada; growing by 14% compared with 2021 figures. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, metal cutting shear imports rose notably to $11M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Metal Cutting Shear in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 4.0 | 4.5 | 4.4 | 6.9% |
| China | 2.4 | 2.4 | 2.8 | 2.6 | 2.7% |
| Vietnam | N/A | 0.1 | 0.3 | 1.3 | 260.6% |
| Taiwan (Chinese) | 0.9 | 0.8 | 0.7 | 1.0 | 3.6% |
| Germany | 0.4 | 0.4 | 0.6 | 0.8 | 26.0% |
| Japan | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Total | 7.7 | 8.0 | 9.4 | 10.6 | 11.2% |
Top Suppliers of Metal Cutting Shear to Canada in 2022:
- United States (263.8 tons)
- China (156.4 tons)
- Vietnam (81.2 tons)
- Taiwan (Chinese) (58.5 tons)
- Germany (48.7 tons)
- Japan (8.7 tons)
Metal Cutting Shear Exports in Canada
In 2022, after three years of growth, there was decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by -2.1% to 18 tons. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 59%. As a result, the exports reached the peak of 19 tons, and then contracted in the following year.
In value terms, metal cutting shear exports surged to $725K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Metal Cutting Shear in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 245 | 279 | 257 | 530 | 29.3% |
| China | 1.6 | 0.2 | 0.7 | 102 | 299.5% |
| France | 2.1 | 0.6 | 9.2 | 31.8 | 147.4% |
| Turkey | 33.1 | 0.1 | 5.1 | 21.9 | -12.9% |
| Mexico | 3.9 | 7.3 | 65.9 | 5.3 | 10.8% |
| Italy | 8.5 | N/A | 130 | N/A | 291.1% |
| Others | 55.0 | 18.0 | 27.6 | 34.4 | -14.5% |
| Total | 349 | 305 | 496 | 725 | 27.6% |
Top Export Markets for Metal Cutting Shear from Canada in 2022:
- United States (13.2 tons)
- China (2.5 tons)
- France (0.8 tons)
- Turkey (0.5 tons)
- Mexico (0.1 tons)
This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools
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
-
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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