Manufacturing - Canadian Industry Statistics
Rubber and plastic hose and belting manufacturing - 32622
In this section you will find information on many aspects of the manufacturing industry such as revenue, value-added, shipments and costs by category.
In 2021, manufacturing revenues reached $486.6 million compared to $477.2 million in 2020 or increasing by 2%.
Total revenues were $513.1 million in 2021 decreasing from $558.6 million in 2020.
In 2021, net revenues reached $46.16 million compared to $64.26 million in 2020 or decreasing by 28.2%.
Type of Output | 2018 | 2019 | 2020 | 2021 | % change 2020 - 2021 |
---|---|---|---|---|---|
Manufacturing revenues | $527.9M C | $484.9M C | $477.2M B | $486.6M C | 2.0 |
Other revenues | $16.8M C | $64.4M C | $81.4M B | $26.5M C | -67.5 |
Total revenues | $544.7M B | $549.4M A | $558.6M B | $513.1M B | -8.2 |
Source: Statistics Canada, table 16-10-0117-01, Annual Survey of Manufactures and Logging.
Manufacturing value-added increased from $229.8 million in 2020 to $235.9 million in 2021.
Manufacturing measures | 2018 | 2019 | 2020 | 2021 | % change 2020 - 2021 |
---|---|---|---|---|---|
Manufacturing shipments | $527.9M C | $484.9M C | $477.2M B | $486.6M C | 2.0 |
Manufacturing value-added | $250.9M E | $222.9M E | $229.8M E | $235.9M E | 2.7 |
Source: Statistics Canada, table 16-10-0117-01, Annual Survey of Manufactures and Logging.
The costs of materials and supplies were $257.1 million in 2021, compared to $235.5 million in 2020.
In 2021, energy, water and vehicle fuel costs were $6.0 million.
Costs by category | 2018 | 2019 | 2020 | 2021 | % change 2020 - 2021 |
---|---|---|---|---|---|
Materials and supplies | $283.7M E | $256.5M E | $235.5M E | $257.1M E | 9.2 |
Energy, water and vehicle fuel | $7.9M E | $6.9M E | $6.3M E | $6.0M E | 4.5 |
Source: Statistics Canada, table 16-10-0117-01, Annual Survey of Manufactures and Logging.
Quality Indicators
- A
- Excellent
- B
- Very good
- C
- Good
- D
- Acceptable
- E
- Use with caution
Manufacturing intensity ratio
Comparison with Manufacturing Sector
The manufacturing intensity ratio for this industry increased from 48.1% in 2020 to 48.5% in 2021.
In the Manufacturing sector (31-33) overall, the intensity ratio increased 37.2% to 39.9% between 2018 and 2021.
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Rubber and plastic hose and belting manufacturing | 47.5 | 46.0 | 48.1 | 48.5 |
Manufacturing (31-33) | 37.2 | 36.5 | 37.2 | 39.9 |
Source: Statistics Canada, table 16-10-0117-01, Annual Survey of Manufactures and Logging.
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Notes
The data in this section comes from Statistics Canada's Annual Survey of Manufactures and Logging. Changes in domestic production within a particular subsector will depend on a variety of factors such as evolving international export markets, trends in consumer demand and patterns of consumption, competition with imports in the domestic market, economic conditions which affect production (including labour costs), profitability, and so on. Technological changes can impact an industry segment by affecting consumer demand, the cost of production and competition within the industry.
The manufacturing intensity ratio, calculated by dividing manufacturing value-added by manufacturing revenues, gives a sense of how much transformation takes place within an industry and what proportion of value is added.
In short, manufacturing value-added consists of the value of manufacturing revenues plus net change in the inventory of goods in process and finished goods, less the costs of materials and supplies and of the energy, water and vehicle fuel used.