Canada: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Canada

In 2021, the Canadian filling containers machinery market increased by 20% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.2% against 2018 indices. Filling containers machinery consumption peaked in 2021 and is expected to retain growth in the immediate term.

Filling Containers Machinery Exports

Exports from Canada

Filling containers machinery exports from Canada stood at X units in 2021, picking up by 9.9% compared with the year before. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by 64% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, filling containers machinery exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its value 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. Based on 2021 figures, exports increased by +39.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for filling containers machinery exports from Canada, with a approx. 96% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +16.5%.

In value terms, the United States ($X) also remains the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +3.3%.

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, growing by 21% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 79% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -11.3% per year.

Filling Containers Machinery Imports

Imports into Canada

In 2021, purchases abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 28% to X units, rising for the third consecutive year after two years of decline. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, filling containers machinery imports expanded rapidly to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.3% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by 17% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of filling containers machinery imports to Canada, together comprising 65% of total imports. These countries were followed by Italy, Israel, Germany, the Netherlands and Japan, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +102.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest filling containers machinery suppliers to Canada were the United States ($X), Germany ($X) and Italy ($X), together accounting for 69% of total imports. China, Israel, the Netherlands, Japan and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 20%.

Israel, with a CAGR of +28.8%, saw 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 filling containers machinery import price amounted to $X per unit, declining by -13.1% against the previous year. In general, the import price saw a mild setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 102%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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