The market is dominated by domestic suppliers, as imports account for 15.1% of total market size in 2021. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2021. Canada has the ninth largest market size for structural metal products across the top 20 developed countries, with demand reaching USD15.5 billion in 2021. Royal Group Inc is the largest company in Canada, generating 15.3% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 29.4% of total production value in 2021. The total number of companies decreases in 2021, to 6,995 units. The costs of the industry increase by 29.8% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 25.0% of production value in 2021, the highest across the top 20 developed countries. With production value of USD15.2 billion, Canada accounts for 15.3% of the North America total in 2021.
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This Euromonitor industrial report provides unique information on Structural Metal Products in Canada: ISIC 2811. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Structural Metal Products in Canada: ISIC 2811 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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