Canada: Prefabricated Buildings Market 2024

Prefabricated Buildings Market Size in Canada

In 2022, the Canadian prefabricated buildings market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a pronounced setback. Prefabricated buildings consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Prefabricated Buildings Production in Canada

In value terms, prefabricated buildings production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Prefabricated buildings production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Prefabricated Buildings Exports

Exports from Canada

In 2022, exports of prefabricated buildings from Canada surged to X tons, increasing by X% against the previous year's figure. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prefabricated buildings exports surged to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for prefabricated buildings exports from Canada, accounting for a X% share of total exports. It was followed by Saudi Arabia (X tons), with a X% share of total exports. Australia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for prefabricated buildings exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Mexico (X% per year).

Export Prices by Country

The average prefabricated buildings export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to the United States ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prefabricated Buildings Imports

Imports into Canada

In 2022, approx. X tons of prefabricated buildings were imported into Canada; waning by X% against the year before. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, prefabricated buildings imports expanded significantly to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of prefabricated buildings to Canada, accounting for a X% share of total imports. Moreover, prefabricated buildings imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. Israel (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Israel (X% per year).

In value terms, the United States ($X) constituted the largest supplier of prefabricated buildings to Canada, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the average prefabricated buildings import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Israel ($X per ton), while the price for Estonia ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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