Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $5,212 per ton in 2022, rising by 29% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +36.6% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 30% against the previous year. As a result, import price attained the peak level of $6,610 per ton. From 2017 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 Mexico ($12,813 per ton), while the price for India ($1,397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,029 per ton in 2022, which is down by -21% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $7,628 per ton, and then declined remarkably in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($6,029 per ton) and China ($6,029 per ton), while the average price for exports to Israel ($6,029 per ton) and Burkina Faso ($6,029 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada

In 2022, approx. 35K tons of iron or steel cast fittings, other than of non-malleable cast ira were imported into Canada; growing by 3.1% on 2021 figures. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $182M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Canada in 2022:

1. China (18.3K tons)
2. United States (6.2K tons)
3. India (4.6K tons)
4. Japan (2.5K tons)
5. Taiwan (Chinese) (1.1K tons)
6. Mexico (0.8K tons)
7. Poland (0.6K tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Canada

After two years of decline, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira increased by 77% to 1.8K tons in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $11M in 2022. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Canada in 2022:

1. United States (1487.7 tons)
2. Japan (43.5 tons)
3. Bahamas (29.2 tons)
4. Israel (29.1 tons)
5. China (28.9 tons)
6. Burkina Faso (24.1 tons)
7. Cuba (1.5 tons)

Source: IndexBox Market Intelligence Platform