Report Update Apr 1, 2024

Canada - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Shipping Market 2024

Shipping Market Size in Canada

The Canadian shipping market fell sharply to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Shipping Production in Canada

In value terms, shipping production stood at $X in 2022 estimated in export price. In general, production continues to indicate a dramatic contraction. The growth pace was the most rapid in 2013 when the production volume decreased by X% against the previous year. Shipping production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Shipping Exports

Exports from Canada

In 2022, shipments abroad of ships, vessels, ferry-boats for the transport of persons decreased by X% to X units, falling for the second year in a row after three years of growth. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, shipping exports plummeted to $X in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units) and Bangladesh (X units) were the main destinations of shipping exports from Canada.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%).

In value terms, Bangladesh ($X) emerged as the key foreign market for ships, vessels, ferry-boats for the transport of persons exports from Canada, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bangladesh amounted to X%.

Export Prices by Country

In 2022, the average shipping export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X,887 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to Cote d'Ivoire stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Shipping Imports

Imports into Canada

In 2022, the amount of ships, vessels, ferry-boats for the transport of persons imported into Canada declined notably to X units, which is down by X% on 2021. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, shipping imports shrank markedly to $X in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

Romania (X units), Poland (X units) and the United States (X units) were the main suppliers of shipping imports to Canada, together comprising X% of total imports.

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

In value terms, the largest shipping suppliers to Canada were Romania ($X), Poland ($X) and the United States ($X), together comprising X% of total imports.

Among the main suppliers, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average shipping import price amounted to $X,030 per unit, falling by X% against the previous year. In general, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X,481 per unit. From 2016 to 2022, the average import prices remained at a somewhat 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 Poland ($X,444 per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?

The country with the largest volume of shipping consumption was the Philippines, comprising approx. 31% of total volume. Moreover, shipping consumption in the Philippines exceeded the figures recorded by the second-largest consumer, Italy, threefold. Ireland ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of production in 2022 were the Philippines, Italy and Trinidad and Tobago, together comprising 57% of global production.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Canada?

In value terms, the largest shipping suppliers to Canada were Romania, Poland and the United States, with a combined 99.9% share of total imports.

What are the leading importers of ships, vessels, ferry-boats for the transport of persons from Canada?

In value terms, Bangladesh emerged as the key foreign market for ships, vessels, ferry-boats for the transport of persons exports from Canada, comprising 100% of total exports. The second position in the ranking was held by Cote d'Ivoire $461), with a 0.4% share of total exports.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Canada?

The average shipping export price stood at $58,329 per unit in 2022, falling by -86.6% against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Canada?

In 2022, the average shipping import price amounted to $6,681,030 per unit, waning by -38.7% against the previous year.

This report provides an in-depth analysis of the shipping market 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023