The market is dominated by foreign suppliers, as imports account for 60.1% of total market size in 2022. Investments drive market demand, with investments representing 72.3% of total demand in 2022. Canada has the 13th largest market size for ships and boats across the top 20 developed countries, with demand reaching USD2.7 billion in 2022. Davie Yards Inc is the largest company in Canada, generating 15.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 26.6% of total production value in 2022. The total number of companies increases in 2022, to 1,840 units. The costs of the industry decrease by 7.4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.0% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 19.0% of total production output. With production value of USD2.0 billion, Canada accounts for 2.9% of the North America total in 2022.
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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
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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