Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada - 2024

Contents:

1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada (CIF) - 2022
2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada (FOB) - 2022
3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada
4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada (CIF) - 2022

In 2022, the average import price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $9,622 per unit, with a decrease of -25.2% against the previous year. Over the period under review, the import price, however, showed notable growth. The growth pace was the most rapid in 2016 when the average import price increased by 310%. Over the period under review, average import prices hit record highs at $19,833 per unit 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 South Korea ($29,877 per unit), while the price for India ($991 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada (FOB) - 2022

In 2022, the average export price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $17,235 per unit, waning by -16.9% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 205% against the previous year. Over the period under review, the average export prices hit record highs at $20,749 per unit in 2021, and then reduced rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +96.9% per year.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada

In 2022, imports of metal-rolling mills; hot or combination hot and cold rolling millses into Canada surged to 226 units, growing by 109% compared with the previous year. Over the period under review, imports continue to indicate measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses skyrocketed to $2.2M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +71.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Canada in 2022:

1. United States (74.0 units)
2. China (55.0 units)
3. Czech Republic (40.0 units)
4. Italy (26.0 units)
5. Germany (15.0 units)
6. France (8.0 units)
7. India (2.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Canada

Exports of metal-rolling mills; hot or combination hot and cold rolling millses from Canada fell rapidly to 39 units in 2022, reducing by -48.7% on the year before. Over the period under review, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports reached the peak of 76 units, and then shrank significantly in the following year.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses fell remarkably to $672K in 2022. Overall, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 296% against the previous year. As a result, the exports attained the peak of $1.6M, and then plummeted in the following year.

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Canada in 2022:

1. United States (39.0 units)

Source: IndexBox Market Intelligence Platform