The market is dominated by domestic suppliers, as imports account for 16.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2022. Canada has the 10th largest market size for casting of metals across the top 20 developed countries, with demand reaching USD2.0 billion in 2022. Orlick Industries Ltd is the largest company in Canada, generating 4.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 9.1% of total production value in 2022. The total number of companies increases in 2022, to 301 units. The costs of the industry increase by 9.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 4.5% of production value in 2022, the ninth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 19.5% of total production output. With production value of USD2.2 billion, Canada accounts for 6.7% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Casting of Metals in Canada: ISIC 273. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Casting of Metals in Canada: ISIC 273 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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