Canada: Flexographic Printing Machinery Market 2025

Flexographic Printing Machinery Market Size in Canada

In 2022, the Canadian flexographic printing machinery market decreased by -56.6% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a significant expansion. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Flexographic Printing Machinery Production in Canada

In value terms, flexographic printing machinery production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 47% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Flexographic Printing Machinery Exports

Exports from Canada

In 2022, exports of flexographic printing machinery from Canada declined dramatically to X units, with a decrease of -56.4% against the year before. Overall, exports faced a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of 324%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, flexographic printing machinery exports contracted rapidly to $X in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 516%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for flexographic printing machinery exports from Canada, with a 88% share of total exports. It was followed by Jamaica (X units), with a 2.1% share of total exports. Germany (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (0.0% per year) and Germany (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for flexographic printing machinery exports from Canada, comprising 94% of total exports. The second position in the ranking was taken by Jamaica ($X), with a 3.3% share of total exports. It was followed by Bolivia, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (0.0% per year) and Bolivia (0.0% per year).

Export Prices by Country

In 2022, the average flexographic printing machinery export price amounted to $X per unit, growing by 56% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($X per unit), while the average price for exports to Spain ($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 Ecuador (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Flexographic Printing Machinery Imports

Imports into Canada

After two years of growth, overseas purchases of flexographic printing machinery decreased by -61.3% to X units in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 399% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, flexographic printing machinery imports contracted remarkably to $X in 2022. In general, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 128%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest flexographic printing machinery supplier to Canada, accounting for a 63% share of total imports. Moreover, flexographic printing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. China (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.5% per year) and China (+13.1% per year).

In value terms, Germany ($X) constituted the largest supplier of flexographic printing machinery to Canada, comprising 73% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by China, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.9% per year) and China (-8.0% per year).

Import Prices by Country

The average flexographic printing machinery import price stood at $X per unit in 2022, picking up by 100% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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