B2B drives market demand, with B2B spending representing 99.4% of total demand in 2023. Canada has the 10th largest market size for recycling of metal waste across the top 20 developed countries, with demand reaching USD1.2 billion in 2023. American Iron & Metal Lp is the largest company in Canada, generating 23.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 42.1% of total production value in 2023. The total number of companies increases in 2023, to 165 units. The costs of the industry decrease by 2.5% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 28.0% of production value in 2023, the second highest across the top 20 developed countries. With production value of USD1.2 billion, Canada accounts for 7.9% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Recycling of Metal Waste in Canada: ISIC 371. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Metal Waste in Canada: ISIC 371 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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