The market is dominated by foreign suppliers, as imports account for 72.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.5% of total demand in 2022. Canada has the eighth largest market size for metal packaging, wire and other fabricated metal products across the top 20 developed countries, with demand reaching USD15.3 billion in 2022. The total number of companies increases in 2022, to 3,078 units. The costs of the industry increase by 4.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 13.4% of production value in 2022, the 15th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 42.8% of total production output. With production value of USD8.5 billion, Canada accounts for 6.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in Canada: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in Canada: ISIC 2899 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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