Canada: Market for Straw Or Fodder Balers, Including Pickup Balers 2025

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Canada

The Canadian straw for fodder balers market soared to $X in 2021, with an increase of 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Canada

In 2021, straw for fodder balers exports from Canada soared to X units, jumping by 18% on 2020 figures. Overall, exports recorded a noticeable increase. The growth pace was the most rapid in 2019 with an increase of 51%. As a result, the exports reached the peak of X units; afterwards, it flattened through to 2021.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.5% against 2017 indices. The pace of growth appeared the most rapid in 2019 with an increase of 46%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for straw for fodder balers exports from Canada, with a 63% share of total exports. Moreover, straw for fodder balers exports to the United States exceeded the volume sent to the second major destination, Australia (X units), fourfold. The third position in this ranking was taken by China (X units), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+27.7% per year) and China (+57.6% per year).

In value terms, the United States ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Canada, comprising 63% of total exports. The second position in the ranking was taken by Australia ($X), with a 16% share of total exports. It was followed by China, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+28.6% per year) and China (+58.9% per year).

Export Prices by Country

In 2021, the average straw for fodder balers export price amounted to $X per unit, increasing by 9.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 9.4%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Germany ($X per unit) and New Zealand ($X per unit), while the average price for exports to the UK ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Canada

In 2021, approx. X units of straw or fodder balers, including pickup balers were imported into Canada; growing by 16% on the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, straw for fodder balers imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of straw for fodder balers to Canada, with a 59% share of total imports. Moreover, straw for fodder balers imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.1% per year) and Italy (+16.2% per year).

In value terms, the United States ($X) constituted the largest supplier of straw or fodder balers, including pickup balers to Canada, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Italy, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.1% per year) and Italy (+16.2% per year).

Import Prices by Country

In 2021, the average straw for fodder balers import price amounted to $X per unit, surging by 2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 7.3% 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 somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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