Canada’s aluminium structures export estimated to drop in 2019 after three consecutive years of growth

Owing to several advantages like low weight, unlimited choice of cross sections, corrosion resistant, and toughness at low temperature, the use and demand of aluminium structures for major end-uses such as construction, transportation, electrical, and packaging is incessantly increasing across the globe. A study says around 25 per cent of all aluminium produced worldwide is used in construction.

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To cash on this rising demand for aluminium in structural engineering, Canada is one nation that has been increasing its export volume of aluminium structures for the past three years, according to our third-party data. In 2016, Canada’s estimated export volume was at 58,884 tonnes, which in the next year 2017 grew to 66,230 tonnes, up 12.47 per cent. In 2018, the country further extended its export volume to 74,602, up 27 per cent from 2016 and 13 per cent from 2017, as per the available data. However, this year the estimated export volume of Canada’s aluminium structures is likely to stand down by 10 per cent from the previous year to 67,465 tonnes.

In consequence, Canada’s aluminium structures export value is likely to be low this year at US$605 million, compared with US$670 million in 2018. This marks a year-on-year fall by 10 per cent. But until 2018, Canada’s estimated aluminium structures export value grew year-on-year in tandem with its export volume. In 2018, the value grew from US$602 million (approx.) in 2017 to US$670 (approx.), up 11 per cent, while that in 2017 grew from US$544 million (approx.) in 2016, up 11 per cent year-on-year.

Since the maximum volume of Canada’s aluminium structures shipments goes to the US, this year the country is likely to send 65,473 tonnes to the US, out of its total export volume of 67,465 tonnes.