Canada: Agglomerated Powder Rod Market 2024

Agglomerated Powder Rod Market Size in Canada

The Canadian agglomerated powder rod market reduced to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Agglomerated Powder Rod Production in Canada

In value terms, agglomerated powder rod production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Agglomerated powder rod production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Agglomerated Powder Rod Exports

Exports from Canada

In 2022, after two years of decline, there was significant growth in shipments abroad of base metal wire and rods of agglomerated base powder, when their volume increased by X% to X tons. Overall, exports showed significant growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, agglomerated powder rod exports expanded sharply to $X in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for agglomerated powder rod exports from Canada, accounting for a X% share of total exports. It was followed by Bangladesh (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for base metal wire and rods of agglomerated base powder exports from Canada, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average agglomerated powder rod export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bangladesh totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%).

Agglomerated Powder Rod Imports

Imports into Canada

In 2022, purchases abroad of base metal wire and rods of agglomerated base powder increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, agglomerated powder rod imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of agglomerated powder rod imports to Canada, together comprising X% of total imports. Vietnam, South Korea and Peru lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of base metal wire and rods of agglomerated base powder to Canada, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

The average agglomerated powder rod import price stood at $X per ton in 2022, waning by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, agglomerated powder rod import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :