2021
Market Pricings in Canada and USA
The prosperous consumer market in Vancouver, British Columbia shows momentum in reaching peaks and reflects greatly on the housing market in the past two quarters. All numbers show in paradoxical figures from the market prediction that is shocking to the world. Even though the statistic shows a positive 30% growth in real estate for Vancouver, why the consumer goods remain non-competitive to the prices in USA retailers?
Significant challenges lay on the add-on charges due to the high supply chain burden when transporting through the border. Comparing the same consumer products in a Canadian supermarket, the list price in a USA supermarket is consistently 20% lower. The same product with the exact same packaging posing such a large difference in price is unequivocal outrage. Does the question remain on how to encourage US suppliers to level the price tags once the goods enter the Canadian market?
Regardless of the price difference, Canadian consumers’ upsurge in consumer goods is still ongoing and will not halt under any catastrophic reasons. 18 Wheels Logistics is proud to serve the supply chain industries in Canada and the USA, providing the absolute best customer services in logistics, copacking, trucking, and warehousing.