Canada: Lcds And Plasmas Market 2025

Lcds And Plasmas Market Size in Canada

In 2022, the Canadian LCDs and plasmas market increased by 7.2% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, showed a perceptible reduction. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Lcds And Plasmas Production in Canada

In value terms, LCDs and plasmas production dropped modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 2,012% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Lcds And Plasmas Exports

Exports from Canada

LCDs and plasmas exports from Canada declined to X units in 2022, which is down by -13.5% on the previous year. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, LCDs and plasmas exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for LCDs and plasmas exports from Canada, accounting for a 88% share of total exports. Moreover, LCDs and plasmas exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+8.6% per year) and Germany (-6.5% per year).

In value terms, the United States ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Canada, comprising 83% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 4.4% share of total exports. It was followed by Germany, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+39.1% per year) and Germany (+19.8% per year).

Export Prices by Country

In 2022, the average LCDs and plasmas export price amounted to $X per unit, with an increase of 97% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Canada

In 2022, supplies from abroad of flat panel video monitor, lcd or plasma increased by 26% to X units, rising for the second year in a row after four years of decline. Overall, imports, however, showed a perceptible descent. The pace of growth was the most pronounced in 2016 when imports increased by 41%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, LCDs and plasmas imports skyrocketed to $X in 2022. In general, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 when imports increased by 26%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest LCDs and plasmas supplier to Canada, with a 65% share of total imports. Moreover, LCDs and plasmas imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by Mexico (X units), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.5% per year) and Mexico (-15.1% per year).

In value terms, China ($X), the United States ($X) and Mexico ($X) constituted the largest LCDs and plasmas suppliers to Canada, together accounting for 83% of total imports. Japan, Taiwan (Chinese) and Vietnam lagged somewhat behind, together accounting for a further 6.5%.

Among the main suppliers, Vietnam, with a CAGR of +89.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average LCDs and plasmas import price stood at $X per unit in 2022, with a decrease of -2.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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