Canada - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStainless Steel Angle Price in Canada - 2023
Contents:
- Stainless Steel Angle Price in Canada (CIF) - 2023
- Stainless Steel Angle Price in Canada (FOB) - 2023
- Stainless Steel Angle Imports in Canada
- Stainless Steel Angle Exports in Canada
Stainless Steel Angle Price in Canada (CIF) - 2023
The average stainless steel angle import price stood at $1,343 per ton in June 2023, picking up by 15% against the previous month. In general, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 113% against the previous month. The import price peaked at $4,315 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was India ($6,001 per ton), while the price for Spain ($949 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+12.7%), while the prices for the other major suppliers experienced a decline.
Stainless Steel Angle Price in Canada (FOB) - 2023
In June 2023, the average stainless steel angle export price amounted to $1,780 per ton, shrinking by -8.3% against the previous month. In general, the export price recorded a mild setback. The pace of growth was the most pronounced in February 2023 when the average export price increased by 24% month-to-month. The export price peaked at $2,252 per ton in October 2022; however, from November 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was India ($2,634 per ton), while the average price for exports to the United States amounted to $1,601 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Stainless Steel Angle Imports in Canada
In 2022, the amount of angles, shapes and sections of stainless steel or other alloy steel imported into Canada dropped modestly to 67K tons, with a decrease of -3.8% against the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +57.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. As a result, imports attained the peak of 69K tons, and then fell in the following year.
In value terms, stainless steel angle imports skyrocketed to $98M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Import of Stainless Steel Angle in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 8.1 | 9.9 | 35.6 | 49.5 | 82.8% |
United States | 8.8 | 9.6 | 12.8 | 12.4 | 12.1% |
Luxembourg | 8.8 | 7.3 | 18.2 | 12.1 | 11.2% |
India | 4.4 | 3.4 | 5.4 | 6.6 | 14.5% |
Turkey | 2.7 | N/A | 0.8 | 6.5 | 34.0% |
China | 1.9 | 2.2 | 2.3 | 2.4 | 8.1% |
Others | 6.6 | 8.6 | 8.8 | 8.9 | 10.5% |
Total | 41.2 | 40.8 | 83.9 | 98.4 | 33.7% |
Top Suppliers of Stainless Steel Angle to Canada in 2022:
- Spain (41.8K tons)
- Luxembourg (10.1K tons)
- Turkey (5.6K tons)
- United States (5.1K tons)
- India (1.3K tons)
- China (1.3K tons)
Stainless Steel Angle Exports in Canada
In 2022, exports of angles, shapes and sections of stainless steel or other alloy steel from Canada declined significantly to 3.8K tons, with a decrease of -17.6% against the previous year. Overall, exports saw a deep reduction. The smallest decline of -3.7% was in 2021.
In value terms, stainless steel angle exports rose markedly to $6.6M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Stainless Steel Angle in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.7 | 4.7 | 5.8 | 6.1 | 9.1% |
Germany | N/A | N/A | N/A | 0.1 | 0% |
Chile | N/A | N/A | 0.1 | 0.1 | 0.0% |
China | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Nigeria | 0.2 | 0.2 | N/A | N/A | 0.0% |
Others | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
Total | 5.3 | 5.3 | 6.2 | 6.6 | 7.6% |
Top Export Markets for Stainless Steel Angle from Canada in 2022:
- United States (3512.5 tons)
- China (74.4 tons)
- Chile (69.5 tons)
- Germany (59.9 tons)
This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
- Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
- Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
- Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the stainless steel angle market in Canada.
This report provides an in-depth analysis of the market for forged stainless steel bar in Canada.
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Canada.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Canada.
This report provides an in-depth analysis of the global stainless steel angle market.
This report provides an in-depth analysis of the global market for forged stainless steel bar.
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the stainless steel angle market in Canada.
This report provides an in-depth analysis of the market for forged stainless steel bar in Canada.
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