The market is dominated by domestic suppliers, as imports account for 2.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2022. Canada has the second largest market size for quarrying of stone, sand and clay across the top 20 developed countries, with demand reaching USD14.7 billion in 2022. Australian Food & Agriculture Co Ltd is the largest company in Canada, generating 5.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 11.6% of total production value in 2022. The total number of companies increases in 2022, to 1,454 units. The costs of the industry increase by 39.1% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 46.1% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 24.3% of total production output. With production value of USD15.8 billion, Canada accounts for 25.3% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in Canada: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in Canada: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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