Canada: Photographic Flashbulb Market 2024

Photographic Flashbulb Market Size in Canada

In 2021, the Canadian photographic flashbulb market increased by 14% to $X, rising for the third year in a row after five years of decline. Overall, consumption saw moderate growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Photographic Flashbulb Exports

Exports from Canada

In 2021, exports of photographic flashbulbs and flashcubes from Canada soared to X units, with an increase of 975% compared with the previous year. In general, exports saw a perceptible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, photographic flashbulb exports soared to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), the United States (X units) and Germany (X units) were the main destinations of photographic flashbulb exports from Canada, together accounting for 90% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +117.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for photographic flashbulb exported from Canada worldwide, with a combined 84% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +180.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average photographic flashbulb export price amounted to $X per unit, rising by 6.9% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2015 an increase of 364% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the UK ($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 Germany (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Flashbulb Imports

Imports into Canada

In 2021, overseas purchases of photographic flashbulbs and flashcubes increased by 22% to X units, rising for the third consecutive year after five years of decline. Overall, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of 73%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, photographic flashbulb imports surged to $X in 2021. Over the period under review, imports recorded measured growth. The pace of growth was the most pronounced in 2013 when imports increased by 80% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of photographic flashbulb to Canada, accounting for a 65% share of total imports. Moreover, photographic flashbulb imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The UK (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.5% per year) and the UK (+7.9% per year).

In value terms, China ($X) constituted the largest supplier of photographic flashbulbs and flashcubes to Canada, comprising 65% of total imports. The second position in the ranking was held by the United States ($X), with a 26% share of total imports. It was followed by Poland, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.5% per year) and Poland (+10.9% per year).

Import Prices by Country

The average photographic flashbulb import price stood at $X per unit in 2021, falling by -3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 8.5% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Israel ($X per unit), while the price for the United States ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :