Canada: Poultry Incubator Market 2024

Poultry Incubator Market Size in Canada

The Canadian poultry incubator market fell to $X in 2022, shrinking by -14.1% against the previous year. In general, consumption faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the market value increased by 7.1%. Poultry incubator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Poultry Incubator Production in Canada

In value terms, poultry incubator production contracted to $X in 2022 estimated in export price. Overall, production faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Poultry incubator production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Poultry Incubator Exports

Exports from Canada

In 2022, approx. X units of poultry incubators and brooders were exported from Canada; with an increase of 4.4% on the previous year's figure. In general, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 210% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, poultry incubator exports declined to $X in 2022. Overall, exports showed slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Colombia (X units), Saudi Arabia (X units) and the Dominican Republic (X units) were the main destinations of poultry incubator exports from Canada, with a combined 37% share of total exports. The Philippines, Vietnam, Mexico, Iraq, Fiji, Zimbabwe, Japan, Cambodia, Jordan and China lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +274.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry incubator exported from Canada were Colombia ($X), Saudi Arabia ($X) and the Dominican Republic ($X), with a combined 37% share of total exports. These countries were followed by the Philippines, Vietnam, Mexico, Iraq, Fiji, Zimbabwe, Japan, Cambodia, Jordan and China, which together accounted for a further 48%.

Jordan, with a CAGR of +257.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, with a decrease of -15.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then declined significantly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Vietnam ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) and Jordan ($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 Mexico (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Canada

In 2022, the amount of poultry incubators and brooders imported into Canada shrank sharply to X units, dropping by -40.6% compared with 2021. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 159%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry incubator imports declined notably to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 157% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), the United States (X units) and China (X units) were the main suppliers of poultry incubator imports to Canada, together accounting for 82% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +61.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and China ($X) appeared to be the largest poultry incubator suppliers to Canada, together accounting for 81% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +73.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average poultry incubator import price amounted to $X per unit, increasing by 6.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.4% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Spain ($X per unit) and the UK ($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 Netherlands (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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