sector outlook edc economics fall 2006 53 7 0 export growth volumes and prices when forecasting the value of canadian exports two components have to be considered volume price refer actual physical quantity good being shipped while is dollar amount paid for those goods thus simply multiplied by example if forecast at 5 are projected rise overall increase in 12 given large relative changes often seen some it important break down contribution each component this differentiation becomes particularly useful case commodities computer equipment where can volatile 1 energy on track hit a record high rising 11 an estimated 97 4 billion strong demand pricing account year s run up receipts continuing pattern that has been evident since 2003 most
