Canada: Hand Sieve Market 2024

Hand Sieve Market Size in Canada

In 2022, after seven years of growth, there was decline in the Canadian hand sieve market, when its value decreased by -3.1% to $X. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +99.4% against 2012 indices. Hand sieve consumption peaked at $X in 2021, and then contracted modestly in the following year.

Hand Sieve Exports

Exports from Canada

In 2022, overseas shipments of hand sieves and hand riddles increased by 112% to X units, rising for the third year in a row after two years of decline. Overall, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 119%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand sieve exports surged to $X in 2022. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for hand sieve exports from Canada, accounting for a 77% share of total exports. Moreover, hand sieve exports to Australia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), sevenfold. The United States (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at +65.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+36.1% per year) and the United States (-11.7% per year).

In value terms, Australia ($X) emerged as the key foreign market for hand sieves and hand riddles exports from Canada, comprising 77% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 11% share of total exports. It was followed by the United States, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia amounted to +56.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+29.1% per year) and the United States (-15.7% per year).

Export Prices by Country

The average hand sieve export price stood at $X per unit in 2022, shrinking by -10% against the previous year. In general, the export price recorded a perceptible descent. The growth pace was the most rapid in 2017 an increase of 28%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Kyrgyzstan ($X per unit) and Russia ($X per unit), while the average price for exports to the United States ($X per unit) and South Africa ($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 Guinea (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Hand Sieve Imports

Imports into Canada

In 2022, overseas purchases of hand sieves and hand riddles increased by 0.3% to X units, rising for the seventh year in a row after two years of decline. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, hand sieve imports shrank modestly to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.7% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 33% against the previous year. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of hand sieve to Canada, with a 62% share of total imports. Moreover, hand sieve imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. India (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.2% per year) and India (+28.5% per year).

In value terms, the United States ($X) constituted the largest supplier of hand sieves and hand riddles to Canada, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.5% per year) and India (+25.3% per year).

Import Prices by Country

The average hand sieve import price stood at $X per unit in 2022, falling by -2.3% against the previous year. Over the period under review, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and the United States ($X per unit), while the price for Germany ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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