Canada: Calendering Machine Market 2024

Calendering Machine Market Size in Canada

In 2021, the Canadian calendering machine market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -23.2% against 2018 indices. Calendering machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Calendering Machine Exports

Exports from Canada

In 2021, shipments abroad of calendering and rolling machines increased by 205% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, calendering machine exports soared to $X in 2021. Over the period under review, exports showed tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for calendering machine exports from Canada, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +5.4%.

In value terms, the United States ($X) also remains the key foreign market for calendering and rolling machines exports from Canada.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +7.3%.

Export Prices by Country

The average calendering machine export price stood at $X per unit in 2021, picking up by 16% against the previous year. In general, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +7.6% per year.

Calendering Machine Imports

Imports into Canada

In 2021, overseas purchases of calendering and rolling machines increased by 13% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.9% against 2018 indices. The pace of growth was the most pronounced in 2016 when imports increased by 59%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, calendering machine imports skyrocketed to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 64% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calendering machine to Canada, with a 63% share of total imports. Moreover, calendering machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. Italy (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.1% per year) and Italy (+23.1% per year).

In value terms, the largest calendering machine suppliers to Canada were China ($X), the United States ($X) and Italy ($X), with a combined 77% share of total imports. These countries were followed by Spain, Germany, France and Malaysia, which together accounted for a further 17%.

Malaysia, with a CAGR of +1,209.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calendering machine import price amounted to $X per unit, with an increase of 12% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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