Canada: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Canada

The Canadian market for electro-thermic appliances or domestic purposes reached $X in 2021, increasing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Electro-thermic appliances or domestic purposes consumption peaked in 2021 and is likely to see steady growth in the near future.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Canada

In 2021, shipments abroad of electro-thermic appliances or domestic purposes was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports posted a strong increase. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, electro-thermic appliances or domestic purposes exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. 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 electro-thermic appliances or domestic purposes exports from Canada, accounting for a 88% share of total exports. Moreover, electro-thermic appliances or domestic purposes exports to the United States exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by the Netherlands (X units), with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.1% per year) and the Netherlands (+22.2% per year).

In value terms, the United States ($X) remains the key foreign market for electro-thermic appliances or domestic purposes exports from Canada, comprising 84% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.2% share of total exports. It was followed by the Netherlands, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.9% per year) and the Netherlands (+15.6% per year).

Export Prices by Country

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, growing by 30% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electro-thermic appliances or domestic purposes export price increased by +80.7% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.7%), while the prices for the other major destinations experienced a decline.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Canada

For the third consecutive year, Canada recorded growth in overseas purchases of electro-thermic appliances or domestic purposes, which increased by 12% to X units in 2021. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 17% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 19% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main electro-thermic appliances or domestic purposes supplier to Canada, with a 90% share of total imports. Moreover, electro-thermic appliances or domestic purposes imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+9.7% per year) and the United States (-9.1% per year).

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Canada, comprising 84% of total imports. The second position in the ranking was taken by the United States ($X), with a 3.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.6% per year) and Mexico (+16.3% per year).

Import Prices by Country

In 2021, the average import price for electro-thermic appliances or domestic purposes amounted to $X per unit, increasing by 3.2% against the previous year. Overall, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 9.2%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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