Natural Gas Distribution in Canada - Industry Market Research Report

Natural Gas Distribution in Canada - Industry Market Research Report

Natural Gas Distribution in Canada

Natural gas distributors in Canada, including gas distribution utilities, gas marketers and brokers are expected to suffer over the five years to 2023 as a result of highly volatile world and domestic prices of natural gas. Revenue has fluctuated in line with changes in natural gas prices, although the rates paid for natural gas by downstream consumers haven't been as volatile. The world price of natural gas has exploded in recent years as a complicated operating environment in the wake of the COVID-19 pandemic pushed prices to record highs, which has aided profit. Revenue is forecast to decline at a CAGR of 15.4% to $15.9 billion over the five years to 2023, including an expected increase of 0.2% in 2023 alone

This industry distributes natural gas to manufacturers, businesses and consumers through utility gas pipelines. Industry establishments are also composed of natural gas marketers, which purchase and sell natural gas on wholesale markets. This industry does not include long-distance gas transportation operators.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."