Canada: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Canada

The Canadian geometrical quantities electronic measurer market surged to $X in 2022, rising by 168% against the previous year. Overall, consumption showed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Canada

In value terms, geometrical quantities electronic measurer production amounted to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 92% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Canada

In 2022, shipments abroad of electronic instruments and machines for measuring geometrical quantities increased by 31% to X units, rising for the second consecutive year after four years of decline. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, geometrical quantities electronic measurer exports stood at $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for geometrical quantities electronic measurer exports from Canada, accounting for a 62% share of total exports. Moreover, geometrical quantities electronic measurer exports to the United States exceeded the volume sent to the second major destination, China (X units), sevenfold. Germany (X units) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+5.3% per year) and Germany (+9.8% per year).

In value terms, the United States ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from Canada, comprising 62% of total exports. The second position in the ranking was taken by China ($X), with an 8.5% share of total exports. It was followed by Germany, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.0% per year) and Germany (+8.5% per year).

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, which is down by -23.1% against the previous year. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 5.6%. As a result, the export price reached the peak level of $X per unit, and then contracted markedly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per unit) and France ($X per unit), while the average price for exports to the UK ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Canada

In 2022, purchases abroad of electronic instruments and machines for measuring geometrical quantities increased by 8.8% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, geometrical quantities electronic measurer imports soared to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of geometrical quantities electronic measurer to Canada, with a 49% share of total imports. Moreover, geometrical quantities electronic measurer imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. Germany (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.6% per year) and Germany (-6.8% per year).

In value terms, the United States ($X) constituted the largest supplier of electronic instruments and machines for measuring geometrical quantities to Canada, comprising 49% of total imports. The second position in the ranking was taken by China ($X), with an 8.5% share of total imports. It was followed by Germany, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.2% per year) and Germany (-3.5% per year).

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, with an increase of 6.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and Australia ($X per unit), while the price for the Philippines ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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