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Canada - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Canada: Overview of the Market for Iron Ores And Concentrates 2021

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Market Size for Iron Ores And Concentrates in Canada

In 2020, the Canadian iron ore and concentrate market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Overall, consumption showed a slight reduction. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Iron ore and concentrate consumption peaked at $X in 2019, and then reduced notably in the following year.

Production of Iron Ores And Concentrates in Canada

In value terms, iron ore and concentrate production rose remarkably to $X in 2020 estimated in export prices. In general, the total production indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Iron ore and concentrate production peaked in 2020 and is likely to see gradual growth in the near future.

Exports of Iron Ores And Concentrates

Exports from Canada

In 2020, approx. X tonnes of iron ores and concentrates were exported from Canada; with an increase of X% compared with the year before. Over the period under review, total exports indicated a buoyant increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, iron ore and concentrate exports skyrocketed to $X in 2020. In general, total exports indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the near future.

Exports by Country

China (X tonnes) was the main destination for iron ore and concentrate exports from Canada, with a X% share of total exports. Moreover, iron ore and concentrate exports to China exceeded the volume sent to the second major destination, Japan (X tonnes), threefold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and France (+X% per year).

In value terms, China ($X) remains the key foreign market for iron ore and concentrate exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and France (+X% per year).

Export Prices by Country

In 2020, the average iron ore and concentrate export price amounted to $X per tonne, with an increase of X% against the previous year. In general, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron ore and concentrate export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were China ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to France ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Ores And Concentrates

Imports into Canada

In 2020, the amount of iron ores and concentrates imported into Canada reduced rapidly to X tonnes, with a decrease of -X% compared with 2019. Overall, imports recorded a slight slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, iron ore and concentrate imports dropped significantly to $X in 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) was the main supplier of iron ore and concentrate to Canada, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the U.S. was relatively modest.

In value terms, the U.S. ($X) constituted the largest supplier of iron ore and concentrate to Canada.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. was relatively modest.

Import Prices by Country

In 2020, the average iron ore and concentrate import price amounted to $X per tonne, increasing by X% against the previous year. In general, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron ore and concentrate import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
China (1,493M tonnes) remains the largest iron ore and concentrate consuming country worldwide, comprising approx. 58% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. Australia (132M tonnes) ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of iron ores and concentrates in the world?
+
Australia (900M tonnes) constituted the country with the largest volume of iron ore and concentrate production, accounting for 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. China (340M tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of iron ores and concentrates to Canada?
+
In value terms, the U.S. ($587M) constituted the largest supplier of iron ore and concentrate to Canada.
What are the leading importers of iron ores and concentrates from Canada?
+
In value terms, China ($2.1B) remains the key foreign market for iron ore and concentrate exports from Canada, comprising 37% of total exports. The second position in the ranking was occupied by Japan ($616M), with a 11% share of total exports. It was followed by France, with a 8.2% share.
What is the average export price for iron ores and concentrates in Canada?
+
The average iron ore and concentrate export price stood at $104 per tonne in 2020, with an increase of 9.4% against the previous year.
What is the average import price for iron ores and concentrates in Canada?
+
In 2020, the average iron ore and concentrate import price amounted to $94 per tonne, growing by 1.9% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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