The market is dominated by domestic suppliers, as imports account for 32.3% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. Canada has the third largest market size for mining of metal ores across the top 20 developed countries, with demand reaching USD19.2 billion in 2020. Rio Tinto Group is the largest company in Canada, generating 22.2% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 65.2% of total production value in 2020. The total number of companies increases in 2020, to 567 units. The costs of the industry decrease by 8.8% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 36.7% of production value in 2020, the sixth highest across the top 20 developed countries. With production value of USD15.9 billion, Canada accounts for 43.1% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Mining of Metal Ores in Canada: ISIC 13. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Metal Ores in Canada: ISIC 13 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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