The market is dominated by domestic suppliers, as imports account for 19.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 95.7% of total demand in 2022. Canada has the eighth largest market size for cement, stone and ceramic products across the top 20 developed countries, with demand reaching USD26.6 billion in 2022. Lafarge Canada Inc is the largest company in Canada, generating 11.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.0% of total production value in 2022. The total number of companies increases in 2022, to 4,120 units. The costs of the industry increase by 7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 11.5% of production value in 2022, the 19th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 10.2% of total production output. With production value of USD22.6 billion, Canada accounts for 10.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Cement, Stone and Ceramic Products in Canada: ISIC 269. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cement, Stone and Ceramic Products in Canada: ISIC 269 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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