Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada - 2024

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $3,633 per ton, with a decrease of -7.9% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2019 an increase of 55%. As a result, import price reached the peak level of $7,884 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,203 per ton), while the price for Cambodia ($1,908 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $56,301 per ton in 2022, surging by 12% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 19%. The export price peaked at $212,499 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($63,364 per ton) and Spain ($63,362 per ton), while the average price for exports to the United States ($42,726 per ton) and Poland ($63,359 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 India (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada

In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses imported into Canada soared to 6.4K tons, growing by 54% on 2021 figures. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $23M in 2022. Overall, imports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Canada in 2022:

1. China (4.5K tons)
2. Cambodia (1.4K tons)
3. United States (0.4K tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Canada

In 2022, shipments abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -15.1% to 43 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 72%. As a result, the exports reached the peak of 51 tons, and then contracted markedly in the following year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses shrank slightly to $2.4M in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of $2.5M, and then reduced in the following year.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Canada in 2022:

1. Singapore (16.7 tons)
2. United States (14.7 tons)
3. Poland (3.9 tons)
4. United Kingdom (3.4 tons)
5. Spain (2.9 tons)

Source: IndexBox Market Intelligence Platform