Canada: Capacitor Market 2024

Capacitor Market Size in Canada

In 2021, the Canadian capacitor market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Capacitor consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Capacitor Exports

Exports from Canada

In 2021, the amount of electrical capacitors exported from Canada fell to X tons, with a decrease of -11.2% against the previous year. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 11% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, capacitor exports totaled $X in 2021. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 18%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for capacitor exports from Canada, accounting for a 52% share of total exports. Moreover, capacitor exports to the United States exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+5.7% per year) and Japan (+15.9% per year).

In value terms, the United States ($X) remains the key foreign market for electrical capacitors exports from Canada, comprising 40% of total exports. The second position in the ranking was taken by China ($X), with a 17% share of total exports. It was followed by Germany, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+8.8% per year) and Germany (-3.7% per year).

Export Prices by Country

The average capacitor export price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, capacitor export price increased by +78.1% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Canada

After three years of decline, overseas purchases of electrical capacitors increased by 10% to X tons in 2021. In general, imports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 43% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, capacitor imports surged to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of capacitor imports to Canada, with a combined 63% share of total imports. Thailand, Mexico, Switzerland, Taiwan (Chinese), Malaysia, Germany, Sweden, Italy, South Korea and France lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +13.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and the United States ($X) were the largest capacitor suppliers to Canada, with a combined 61% share of total imports. Mexico, Taiwan (Chinese), Malaysia, Thailand, South Korea, Germany, France, Switzerland, Italy and Sweden lagged somewhat behind, together comprising a further 28%.

Thailand, with a CAGR of +15.0%, 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 capacitor import price amounted to $X per ton, rising by 22% against the previous year. In general, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. 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 the average import price increased by 38%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :