Updated Jan 3, 2023 04:52

Market for Roofing Tiles, Chimney-Pots, Cowls, Chimney Liners in Canada

Market Overview
The Canadian market for roofing tiles, chimney-pots, cowls, chimney liners dropped slightly to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible curtailment. Consumption of peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.

In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners contracted to $ in estimated in export price. Overall, production recorded a noticeable downturn. The growth pace was the most rapid in 2018 when the production volume increased by %. Over the period under review, production of hit record highs at $ in 2009; however, from 2010 to , production failed to regain momentum.


Consumption
Consumption of roofing tiles, chimney-pots, cowls, chimney liners in Canada declined slightly to units in , which is down by -% on figures. Over the period under review, consumption continues to indicate a deep setback. Over the period under review, consumption of hit record highs at units in 2007; however, from 2008 to , consumption failed to regain momentum.

The value of the market for roofing tiles, chimney-pots, cowls, chimney liners in Canada contracted slightly to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible decline. Consumption of peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for roofing tiles, chimney-pots, cowls, chimney liners in Canada, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of roofing tiles, chimney-pots, cowls, chimney liners in Canada were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roofing tiles, chimney-pots, cowls, chimney liners. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Canada remains a net exporter of roofing tiles, chimney-pots, cowls, chimney liners; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.