The market is dominated by foreign suppliers, as imports account for 50.9% of total market size in 2020. B2B drives market demand, with B2B spending representing 96.5% of total demand in 2020. Canada has the eighth largest market size for basic precious and non-ferrous metals across the top 20 developed countries, with demand reaching USD13.9 billion in 2020. Rio Tinto Alcan Inc is the largest company in Canada, generating 10.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 18.8% of total production value in 2020. The total number of companies decreases in 2020, to 390 units. The costs of the industry decrease by 12.9% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 9.0% of production value in 2020, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2020 to 74.9% of total production output. With production value of USD29.3 billion, Canada accounts for 22.0% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Basic Precious and Non-ferrous Metals in Canada: ISIC 272. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Precious and Non-ferrous Metals in Canada: ISIC 272 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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