Price for Metal-Rolling Mills; Tube Mills in Canada - 2023

Contents:

1. Price for Metal-Rolling Mills; Tube Mills in Canada (CIF) - 2023
2. Price for Metal-Rolling Mills; Tube Mills in Canada (FOB) - 2022
3. Imports of Metal-Rolling Mills; Tube Mills in Canada
4. Exports of Metal-Rolling Mills; Tube Mills in Canada

Price for Metal-Rolling Mills; Tube Mills in Canada (CIF) - 2023

The average metal-rolling mills; tube mills import price stood at $327K per unit in July 2023, approximately reflecting the previous month. Over the period under review, the import price showed perceptible growth. The growth pace was the most rapid in January 2023 when the average import price increased by 70% against the previous month. As a result, import price attained the peak level of $327K per unit; afterwards, it flattened through to July 2023.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($327K per unit), while the price for China stood at $327K per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Tube Mills in Canada (FOB) - 2022

In 2022, the average metal-rolling mills; tube mills export price amounted to $7,381 per unit, with an increase of 37% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 81%. The export price peaked at $19,924 per unit in 2015; however, from 2016 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 the United States ($8,447 per unit), while the average price for exports to Mexico amounted to $3,960 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+16.8%), while the prices for the other major destinations experienced a decline.

Imports of Metal-Rolling Mills; Tube Mills in Canada

In 2022, approx. 315 units of metal-rolling mills; tube millses were imported into Canada; surging by 5,150% against the previous year. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal-rolling mills; tube mills imports shrank significantly to $1.2M in 2022. Over the period under review, imports, however, faced a precipitous slump. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of $4.6M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Metal-Rolling Mills; Tube Mills to Canada in 2022:

1. Taiwan (Chinese) (311.0 units)
2. China (2.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Canada

Metal-rolling mills; tube mills exports from Canada contracted notably to 9 units in 2022, with a decrease of -30.8% on 2021 figures. In general, exports continue to indicate a sharp descent. The exports peaked at 82 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal-rolling mills; tube mills exports contracted to $68K in 2022. Overall, exports showed a sharp decrease. Over the period under review, the exports hit record highs at $503K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Metal-Rolling Mills; Tube Mills from Canada in 2022:

1. United States (7.0 units)
2. Mexico (3.0 units)

Source: IndexBox Market Intelligence Platform