Canada: Carbon Brush Market 2024

Carbon Brush Market Size in Canada

The Canadian carbon brush market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced descent. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Carbon Brush Production in Canada

In value terms, carbon brush production surged to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Carbon Brush Exports

Exports from Canada

In 2022, the amount of carbon brushes exported from Canada shrank to X tons, waning by X% compared with the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, carbon brush exports surged to $X in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for carbon brush exports from Canada, with a X% share of total exports. Moreover, carbon brush exports to the United States exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for carbon brushes exports from Canada, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and France (X% per year).

Export Prices by Country

The average carbon brush export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price saw a measured increase. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X 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 the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Carbon Brush Imports

Imports into Canada

In 2022, overseas purchases of carbon brushes increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, carbon brush imports soared to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

The United States (X tons), China (X tons) and Japan (X tons) were the main suppliers of carbon brush imports to Canada, with a combined X% share of total imports. France, Mexico, Hungary and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of carbon brushes to Canada, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and France (X% per year).

Import Prices by Country

The average carbon brush import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed a noticeable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 the United States ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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