Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, rising by 9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28%. As a result, import price reached the peak level of $0.3 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($0.6 per unit), while the price for France ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, declining by -6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2017 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $0.3 per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($0.3 per unit), while the average price for exports to the United States totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada

In 2022, overseas purchases of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -14.2% to 2.9M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports attained the peak of 3.4M units, and then shrank in the following year.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones dropped to $889K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $946K, and then reduced in the following year.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Canada in 2022:

1. United States (2334.6K units)
2. China (310.6K units)
3. France (73.4K units)
4. Thailand (1.0K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Canada

In 2022, approx. 1.3M units of millstones, grindstones, grinding wheels and the like; of natural stones were exported from Canada; picking up by 16,225% against 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones surged to $371K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Canada in 2022:

1. China (1125.1K units)
2. United States (131.4K units)

Source: IndexBox Market Intelligence Platform