Commercial Printing Price in Canada - 2023

Contents:

1. Commercial Printing Price in Canada (CIF) - 2023
2. Commercial Printing Price in Canada (FOB) - 2023
3. Commercial Printing Imports in Canada
4. Commercial Printing Exports in Canada

Commercial Printing Price in Canada (CIF) - 2023

The average commercial printing import price stood at $9,399 per ton in June 2023, increasing by 19% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in August 2022 an increase of 34% month-to-month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($11,714 per ton), while the price for the UK ($4,758 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Commercial Printing Price in Canada (FOB) - 2023

In June 2023, the average commercial printing export price amounted to $15,959 per ton, approximately mirroring the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $17,470 per ton. From September 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.

Commercial Printing Imports in Canada

In 2022, overseas purchases of commercial printing (except screen and books) were finally on the rise to reach 281K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible shrinkage.

In value terms, commercial printing imports stood at $2.4B in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Commercial Printing to Canada in 2022:

1. United States (201.4K tons)
2. China (47.3K tons)
3. France (7.4K tons)
4. United Kingdom (5.3K tons)

Commercial Printing Exports in Canada

In 2022, the amount of commercial printing (except screen and books) exported from Canada soared to 104K tons, rising by 26% on 2021. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, commercial printing exports reached $1.1B in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Commercial Printing from Canada in 2022:

1. United States (83.0K tons)
2. France (4.5K tons)
3. New Zealand (2.1K tons)
4. Taiwan (Chinese) (1.6K tons)

Source: IndexBox Market Intelligence Platform