The market is dominated by domestic suppliers, as imports account for 36.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 95.4% of total demand in 2022. Canada has the third largest market size for mining of metal ores across the top 19 developed countries, with demand reaching USD32.7 billion in 2022. Rio Tinto Group is the largest company in Canada, generating 14.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 43.0% of total production value in 2022. The total number of companies decreases in 2022, to 1,123 units. The costs of the industry decrease by 1.4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 42.7% of production value in 2022, the fifth highest across the top 19 developed countries. The industry’s exports share decreases in 2022 to 26.4% of total production output. With production value of USD25.7 billion, Canada accounts for 46.8% of the North America total in 2022.
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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
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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