Canada - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Flexible Tubing Price in Canada - 2023
Contents:
- Metal Flexible Tubing Price in Canada (CIF) - 2023
- Metal Flexible Tubing Price in Canada (FOB) - 2022
- Metal Flexible Tubing Imports in Canada
- Metal Flexible Tubing Exports in Canada
Metal Flexible Tubing Price in Canada (CIF) - 2023
The average metal flexible tubing import price stood at $13,575 per ton in June 2023, reducing by -9.3% against the previous month. Over the period under review, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, metal flexible tubing import price decreased by -25.7% against March 2023 indices. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 38% month-to-month. The import price peaked at $20,943 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($21,283 per ton), while the price for China ($5,860 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 (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Flexible Tubing Price in Canada (FOB) - 2022
The average metal flexible tubing export price stood at $31,142 per ton in 2022, standing approx. at the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal flexible tubing export price increased by +96.4% against 2014 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $31,147 per ton in 2021, and then fell modestly in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($32,383 per ton) and the Dominican Republic ($32,349 per ton), while the average price for exports to Germany ($23,687 per ton) and Poland ($24,566 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 South Korea (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Flexible Tubing Imports in Canada
In 2022, approx. 5.8K tons of iron or steel flexible tubing were imported into Canada; remaining stable against the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, metal flexible tubing imports stood at $81M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; 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 25% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Metal Flexible Tubing in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 45.5 | 40.8 | 49.2 | 54.8 | 6.4% |
China | 11.2 | 9.2 | 11.6 | 12.9 | 4.8% |
Taiwan (Chinese) | 0.3 | 0.4 | 2.5 | 2.8 | 110.5% |
India | 0.8 | 0.7 | 1.5 | 1.6 | 26.0% |
South Korea | 1.5 | 0.8 | 1.2 | 1.3 | -4.7% |
Others | 7.0 | 5.5 | 5.8 | 7.2 | 0.9% |
Total | 66.2 | 57.5 | 71.8 | 80.7 | 6.8% |
Top Suppliers of Metal Flexible Tubing to Canada in 2022:
- United States (3237.4 tons)
- China (1896.3 tons)
- Taiwan (Chinese) (237.2 tons)
- India (123.1 tons)
- South Korea (119.9 tons)
Metal Flexible Tubing Exports in Canada
In 2022, after two years of decline, there was significant growth in shipments abroad of iron or steel flexible tubing, when their volume increased by 43% to 288 tons. Overall, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, metal flexible tubing exports surged to $9M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +68.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Metal Flexible Tubing in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,753 | 3,116 | 4,615 | 6,147 | 17.9% |
South Korea | 38.9 | 403 | 271 | 361 | 110.1% |
Germany | 481 | 236 | 19.0 | 320 | -12.7% |
Poland | 397 | 188 | 111 | 302 | -8.7% |
Dominican Republic | 72.0 | 97.6 | 221 | 295 | 60.0% |
China | 39.0 | 38.1 | 118 | 157 | 59.1% |
Saudi Arabia | 143 | 97.5 | 36.9 | 121 | -5.4% |
Romania | 330 | N/A | N/A | N/A | 0% |
Others | 1,062 | 1,167 | 908 | 1,274 | 6.3% |
Total | 6,315 | 5,343 | 6,300 | 8,977 | 12.4% |
Top Export Markets for Metal Flexible Tubing from Canada in 2022:
- United States (190.0 tons)
- Germany (13.5 tons)
- Poland (12.3 tons)
- South Korea (11.1 tons)
- Dominican Republic (9.1 tons)
- Saudi Arabia (4.9 tons)
- China (4.8 tons)
This report provides an in-depth analysis of the metal flexible tubing 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 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)
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
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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 metal flexible tubing market in Canada.
This report provides an in-depth analysis of the market for base metal flexible tubing in Canada.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
This report provides an in-depth analysis of the metal flexible tubing market in Canada.
This report provides an in-depth analysis of the market for base metal flexible tubing in Canada.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
In January 2023, the growth of Metal Flexible Tubing reached its peak, experiencing a significant 46% increase compared to the previous month. In terms of value, imports of Metal Flexible Tubing surged up to $6.7M in October 2023.
In January 2023, the growth of Metal Flexible Tubing reached its peak, experiencing a significant 46% increase compared to the previous month. In terms of value, imports of Metal Flexible Tubing surged up to $6.7M in October 2023.