Canada: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in Canada

The Canadian cellulose pulp machinery market totaled $X in 2022, rising by 13% against the previous year. Overall, consumption enjoyed a perceptible expansion. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cellulose Pulp Machinery Production in Canada

In value terms, cellulose pulp machinery production reached $X in 2022 estimated in export price. In general, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.1% 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 -0.8% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 31% against the previous year. Cellulose pulp machinery production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Cellulose Pulp Machinery Exports

Exports from Canada

In 2022, after three years of decline, there was significant growth in shipments abroad of machinery for making pulp of fibrous cellulosic material, when their volume increased by 420% to X units. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, cellulose pulp machinery exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt downturn. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for cellulose pulp machinery exports from Canada, with a 77% share of total exports. Moreover, cellulose pulp machinery exports to the United States exceeded the volume sent to the second major destination, Germany (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and France (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for machinery for making pulp of fibrous cellulosic material exports from Canada, comprising 80% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+25.8% per year) and France (+49.2% per year).

Export Prices by Country

In 2022, the average cellulose pulp machinery export price amounted to $X per unit, shrinking by -15.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 73%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($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 Poland (+1.1%), while the prices for the other major destinations experienced a decline.

Cellulose Pulp Machinery Imports

Imports into Canada

In 2022, purchases abroad of machinery for making pulp of fibrous cellulosic material was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a noticeable increase. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cellulose pulp machinery imports surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 480%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Finland (X units), Sweden (X units) and China (X units) were the main suppliers of cellulose pulp machinery imports to Canada, together comprising 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +27.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cellulose pulp machinery suppliers to Canada were Finland ($X), Sweden ($X) and China ($X), with a combined 81% share of total imports. These countries were followed by the United States, Poland and India, which together accounted for a further 16%.

Poland, with a CAGR of +36.1%, recorded 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

The average cellulose pulp machinery import price stood at $X per unit in 2022, with a decrease of -19.8% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 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 Poland ($X per unit) and China ($X per unit), while the price for India ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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