The market is dominated by foreign suppliers, as imports account for 64.9% of total market size in 2020. Investments drive market demand, with investments representing 61.1% of total demand in 2020. Canada has the 13th largest market size for ships and boats across the top 20 developed countries, with demand reaching USD2.3 billion in 2020. Davie Yards Inc is the largest company in Canada, generating 15.2% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 27.3% of total production value in 2020. The total number of companies decreases in 2020, to 2,033 units. The costs of the industry decrease by 3.2% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 13.3% of production value in 2020, the third highest across the top 20 developed countries. With production value of USD1.8 billion, Canada accounts for 3.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Ships and Boats in Canada: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in Canada: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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