Canada: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Canada

The Canadian metal deburring machine market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a noticeable slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Canada

Metal deburring machine exports from Canada fell notably to X units in 2021, which is down by -48.9% against 2020. In general, exports saw a mild slump. The growth pace was the most rapid in 2015 with an increase of 131%. Over the period under review, the exports attained the maximum at X units in 2020, and then reduced dramatically in the following year.

In value terms, metal deburring machine exports shrank dramatically to $X in 2021. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2015 when exports increased by 40% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for metal deburring machine exports from Canada, with a 65% share of total exports. Moreover, metal deburring machine exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), fourfold. The UK (X units) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+65.3% per year) and the UK (+40.3% per year).

In value terms, the United States ($X) remains the key foreign market for machines for deburring or polishing metal exports from Canada, comprising 44% of total exports. The second position in the ranking was held by China ($X), with a 20% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+39.3% per year) and South Korea (+39.0% per year).

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, increasing by 61% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Canada

After two years of decline, supplies from abroad of machines for deburring or polishing metal increased by 16% to X units in 2021. Over the period under review, imports, however, saw a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of 129%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, metal deburring machine imports soared to $X in 2021. Overall, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of 173% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal deburring machine to Canada, with a 58% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.8% per year) and Taiwan (Chinese) (+13.6% per year).

In value terms, the United States ($X) constituted the largest supplier of machines for deburring or polishing metal to Canada, comprising 41% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Germany, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.0% per year) and Germany (-11.3% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, picking up by 6.7% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 55% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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