Canada - Planing, Milling Or Moulding Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Milling Machine Price in Canada - 2023
Contents:
- Wood Milling Machine Price in Canada (CIF) - 2022
- Wood Milling Machine Price in Canada (FOB) - 2023
- Wood Milling Machine Imports in Canada
- Wood Milling Machine Exports in Canada
Wood Milling Machine Price in Canada (CIF) - 2022
In 2022, the average wood milling machine import price amounted to $678 per unit, declining by -19% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum at $1,020 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,971 per unit), while the price for China ($263 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Milling Machine Price in Canada (FOB) - 2023
The average wood milling machine export price stood at $2,617 per unit in September 2023, declining by -51.2% against the previous month. In general, the export price faced a deep slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 143% month-to-month. As a result, the export price attained the peak level of $44,053 per unit; afterwards, it flattened through to September 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -15.4% per month.
Wood Milling Machine Imports in Canada
Wood milling machine imports into Canada soared to 84K units in 2022, with an increase of 37% on the previous year. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wood milling machine imports expanded significantly to $57M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Wood Milling Machine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 10.8 | 10.8 | 18.4 | 20.7 | 24.2% |
| United States | 11.1 | 11.9 | 15.7 | 13.3 | 6.2% |
| China | 6.2 | 4.7 | 7.7 | 10.8 | 20.3% |
| Germany | 4.3 | 4.9 | 4.6 | 5.0 | 5.2% |
| Italy | 2.5 | 1.5 | 2.4 | 4.3 | 19.8% |
| Others | 4.1 | 4.2 | 2.7 | 3.0 | -9.9% |
| Total | 39.0 | 38.1 | 51.5 | 57.0 | 13.5% |
Top Suppliers of Wood Milling Machine to Canada in 2022:
- China (41.2K units)
- Taiwan (Chinese) (33.3K units)
- United States (4.5K units)
- Germany (1.9K units)
- Italy (1.7K units)
Wood Milling Machine Exports in Canada
In 2022, shipments abroad of planing, milling or moulding machines decreased by -35.7% to 2.7K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 10%. As a result, the exports reached the peak of 6.4K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wood milling machine exports stood at $43M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Wood Milling Machine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.1 | 25.7 | 29.9 | 33.8 | 2.8% |
| United Kingdom | 2.6 | 2.8 | 5.4 | 2.8 | 2.5% |
| Australia | 1.3 | 2.0 | 2.1 | 1.8 | 11.5% |
| Others | 3.2 | 4.0 | 3.4 | 4.8 | 14.5% |
| Total | 38.2 | 34.6 | 40.8 | 43.2 | 4.2% |
Top Export Markets for Wood Milling Machine from Canada in 2022:
- United States (2497.0 units)
- Australia (57.0 units)
- United Kingdom (53.0 units)
This report provides an in-depth analysis of the wood milling machine market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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