Canada - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in Canada - 2023
Contents:
- Data Storage Device Price in Canada (CIF) - 2022
- Data Storage Device Price in Canada (FOB) - 2022
- Data Storage Device Imports in Canada
- Data Storage Device Exports in Canada
Data Storage Device Price in Canada (CIF) - 2022
The average data storage device import price stood at $217 per unit in 2022, surging by 8.3% against the previous year. In general, the import price posted a strong expansion. The growth pace was the most rapid in 2021 an increase of 25%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,897 per unit), while the price for China ($81 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Data Storage Device Price in Canada (FOB) - 2022
In 2022, the average data storage device export price amounted to $272 per unit, with an increase of 47% against the previous year. Over the period under review, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($1,916 per unit), while the average price for exports to Vietnam ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Data Storage Device Imports in Canada
For the third year in a row, Canada recorded decline in overseas purchases of data storage devices, which decreased by -6.9% to 4M units in 2022. Over the period under review, imports showed a deep contraction. Imports peaked at 5.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, data storage device imports reached $862M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Data Storage Device in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 111 | 140 | 211 | 223 | 26.2% |
| United States | 209 | 187 | 173 | 223 | 2.2% |
| Thailand | 246 | 248 | 256 | 193 | -7.8% |
| China | 78.1 | 85.8 | 118 | 137 | 20.6% |
| Taiwan (Chinese) | 24.3 | 20.4 | 24.0 | 19.6 | -6.9% |
| Malaysia | 19.5 | 16.4 | 20.0 | 17.9 | -2.8% |
| Philippines | 11.6 | 9.5 | 11.8 | 13.0 | 3.9% |
| Others | 29.6 | 36.1 | 42.3 | 34.7 | 5.4% |
| Total | 729 | 744 | 855 | 862 | 5.7% |
Top Suppliers of Data Storage Device to Canada in 2022:
- China (1690.8K units)
- Thailand (1390.8K units)
- United States (267.8K units)
- Malaysia (148.7K units)
- Taiwan (Chinese) (138.2K units)
- Mexico (117.7K units)
- Philippines (107.4K units)
Data Storage Device Exports in Canada
In 2022, overseas shipments of data storage devices decreased by -24.4% to 300K units, falling for the second year in a row after two years of growth. In general, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 2.4%. As a result, the exports attained the peak of 592K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, data storage device exports expanded rapidly to $82M in 2022. Overall, exports continue to indicate a pronounced decrease. The exports peaked at $90M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Data Storage Device in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 66.8 | 64.6 | 53.0 | 43.0 | -13.7% |
| Belize | N/A | N/A | N/A | 16.5 | 0% |
| Netherlands | 3.9 | 5.9 | 3.9 | 5.2 | 10.1% |
| Hong Kong SAR | 1.8 | 1.2 | 2.2 | 2.1 | 5.3% |
| Germany | 1.8 | 1.9 | 1.8 | 2.0 | 3.6% |
| Vietnam | 1.6 | 0.9 | 0.5 | 1.3 | -6.7% |
| Cuba | 1.4 | 0.4 | 0.6 | 0.2 | -47.7% |
| Others | 12.5 | 10.1 | 11.6 | 11.3 | -3.3% |
| Total | 89.9 | 84.9 | 73.6 | 81.6 | -3.2% |
Top Export Markets for Data Storage Device from Canada in 2022:
- United States (187.6K units)
- Netherlands (39.9K units)
- Hong Kong SAR (18.4K units)
- Vietnam (17.0K units)
- Belize (8.6K units)
- Germany (6.4K units)
- Cuba (2.0K units)
This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units
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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