Canada - Safety Headgear - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Canada - Safety Headgear - Market Analysis, Forecast, Size, Trends And Insights

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Safety Headgear Price in Canada - 2023

Contents:

  1. Safety Headgear Price in Canada (CIF) - 2023
  2. Safety Headgear Price in Canada (FOB) - 2023
  3. Safety Headgear Imports in Canada
  4. Safety Headgear Exports in Canada

Safety Headgear Price in Canada (CIF) - 2023

In September 2023, the average safety headgear import price amounted to $32.0 per unit, picking up by 21% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 22% m-o-m. Over the period under review, average import prices hit record highs at $37.2 per unit in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($70.0 per unit), while the price for Taiwan (Chinese) ($10.9 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Safety Headgear Price in Canada (FOB) - 2023

In September 2023, the average safety headgear export price amounted to $15.8 per unit, surging by 6.6% against the previous month. Overall, the export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in April 2023 when the average export price increased by 34% against the previous month. Over the period under review, the average export prices reached the maximum at $22.2 per unit in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -2.9% per month.

Safety Headgear Imports in Canada

Safety headgear imports into Canada reached 7.1M units in 2022, surging by 5% against the previous year. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, safety headgear imports soared to $206M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Safety Headgear in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.473.097.613520.4%
United States21.324.225.225.96.7%
Vietnam4.63.64.310.732.5%
Taiwan (Chinese)3.33.54.65.317.1%
Thailand5.02.82.34.0-7.2%
Mexico3.53.03.82.4-11.8%
Malaysia0.50.50.61.337.5%
Others14.412.815.220.913.2%
Total13012315420616.6%

Top Suppliers of Safety Headgear to Canada in 2022:

  1. China (4412.7K units)
  2. United States (1211.8K units)
  3. Taiwan (Chinese) (378.2K units)
  4. Malaysia (234.6K units)
  5. Thailand (212.0K units)
  6. Vietnam (204.0K units)
  7. Mexico (192.1K units)

Safety Headgear Exports in Canada

In 2022, the amount of safety headgear exported from Canada soared to 2.2M units, with an increase of 54% compared with 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, safety headgear exports surged to $41M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Safety Headgear in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.015.821.329.317.6%
Others8.76.810.411.810.7%
Total26.722.631.741.115.5%

Top Export Markets for Safety Headgear from Canada in 2022:

  1. United States (2.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety headgear market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32991150 - Safety headgear

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Safety Headgear - Canada