Canada - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Welded and Cold-Formed Steel Sections in Canada - 2023
Contents:
- Price for Welded and Cold-Formed Steel Sections in Canada (CIF) - 2023
- Price for Welded and Cold-Formed Steel Sections in Canada (FOB) - 2022
- Imports of Welded and Cold-Formed Steel Sections in Canada
- Exports of Welded and Cold-Formed Steel Sections in Canada
Price for Welded and Cold-Formed Steel Sections in Canada (CIF) - 2023
The average import price for welded and cold-formed sections of steel stood at $5,153 per ton in June 2023, waning by -22.2% against the previous month. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 61% against the previous month. The import price peaked at $9,667 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($5,931 per ton), while the price for China amounted to $1,228 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-3.3%).
Price for Welded and Cold-Formed Steel Sections in Canada (FOB) - 2022
The average export price for welded and cold-formed sections of steel stood at $5,751 per ton in 2022, increasing by 13% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,144 per ton), while the average price for exports to Brazil ($875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Welded and Cold-Formed Steel Sections in Canada
In 2022, imports of welded and cold-formed sections of steel into Canada shrank to 9.6K tons, reducing by -4.1% compared with the previous year's figure. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year.
In value terms, welded and cold-formed steel sections imports declined modestly to $17M in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports reached the peak of $17M, and then reduced in the following year.
Import of Welded and Cold-Formed Steel Sections in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.7 | 8.1 | 14.8 | 12.5 | -0.5% |
China | 1.2 | 1.1 | 1.4 | 3.1 | 37.2% |
Italy | N/A | 0.1 | N/A | 0.3 | 73.2% |
Spain | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
France | N/A | N/A | N/A | N/A | 0% |
Others | 1.3 | 1.6 | 1.1 | 1.0 | -8.4% |
Total | 15.3 | 11.1 | 17.5 | 17.0 | 3.6% |
Top Suppliers of Welded and Cold-Formed Steel Sections to Canada in 2022:
- United States (5.9K tons)
- China (1.5K tons)
- Italy (1.0K tons)
- Spain (0.5K tons)
- France (0.3K tons)
Exports of Welded and Cold-Formed Steel Sections in Canada
In 2022, overseas shipments of welded and cold-formed sections of steel were finally on the rise to reach 580 tons after two years of decline. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, welded and cold-formed steel sections exports skyrocketed to $3.3M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Welded and Cold-Formed Steel Sections in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,186 | 1,348 | 1,503 | 2,968 | 35.8% |
Qatar | N/A | 109 | 4.2 | 140 | 13.3% |
Australia | N/A | 12.3 | 4.2 | 75.0 | 146.9% |
Costa Rica | N/A | N/A | N/A | 73.6 | 0% |
United Kingdom | 6.6 | 12.3 | N/A | 26.7 | 59.3% |
Brazil | 1.9 | N/A | N/A | 8.8 | 66.7% |
India | 29.1 | N/A | 0.1 | 2.2 | -57.7% |
Germany | 116 | 0.8 | N/A | N/A | -99.3% |
Cayman Islands | N/A | 112 | 88.7 | N/A | -20.8% |
Mexico | 59.9 | 0.1 | 0.2 | N/A | -94.2% |
Czech Republic | N/A | N/A | 187 | N/A | 0% |
Others | 104 | 73.4 | 83.7 | 38.2 | -28.4% |
Total | 1,503 | 1,667 | 1,871 | 3,333 | 30.4% |
Top Export Markets for Welded and Cold-Formed Steel Sections from Canada in 2022:
- United States (415.5 tons)
- Qatar (67.0 tons)
- Australia (39.0 tons)
- Costa Rica (21.0 tons)
- United Kingdom (13.0 tons)
- Brazil (10.0 tons)
- India (1.0 tons)
This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
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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In September 2022, the sheet piling price amounted to $1,522 per ton (CIF, Canada), surging by 5% against the previous month.
In 2016, approx. X tons of sheet piling were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. Overall, sheet piling imports continue to indicate...
In September 2022, the sheet piling price amounted to $1,522 per ton (CIF, Canada), surging by 5% against the previous month.
In 2016, approx. X tons of sheet piling were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. Overall, sheet piling imports continue to indicate...