The market is dominated by domestic suppliers, as imports account for 16.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Canada has the fourth largest market size for mining of coal and lignite across the top 20 developed countries, with demand reaching USD9.2 billion in 2022. Teck Resources Ltd is the largest company in Canada, generating 56.5% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 66.0% of total production value in 2022. The total number of companies increases in 2022, to 582 units. The costs of the industry increase by 14.7% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 25.5% of production value in 2022, the highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 31.3% of total production output. With production value of USD9.4 billion, Canada accounts for 15.3% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Coal and Lignite in Canada: ISIC 10. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Coal and Lignite in Canada: ISIC 10 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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