Report Update: May 1, 2024

Canada - Endless Bands For Machinery, Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Endless Machinery Band Price in Canada - 2023

Endless Machinery Band Price in Canada (CIF) - 2022

The average endless machinery band import price stood at $20 per square meter in 2022, shrinking by -12.7% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $23 per square meter in 2014; however, from 2015 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 Sweden ($50 per square meter), while the price for China ($3.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Endless Machinery Band Price in Canada (FOB) - 2023

In September 2023, the average endless machinery band export price amounted to $21.5 per square meter, jumping by 60% against the previous month. In general, the export price enjoyed moderate growth. The most prominent rate of growth was recorded in May 2023 an increase of 168% month-to-month. As a result, the export price reached the peak level of $36.8 per square meter. From June 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the United States ($35.7 per square meter), while the average price for exports to Barbados ($12.2 per square meter) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Endless Machinery Band Imports in Canada

Endless machinery band imports into Canada soared to 187K square meters in 2022, rising by 48% on 2021 figures. In general, imports, however, recorded a pronounced shrinkage. Over the period under review, imports reached the peak figure at 217K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, endless machinery band imports surged to $3.7M in 2022. Over the period under review, imports, however, showed a pronounced contraction. Imports peaked at $4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Endless Machinery Band in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,358	1,467	1,440	1,783	-8.9%
Sweden	687	347	353	1,079	16.2%
Germany	649	395	656	588	-3.2%
Netherlands	43.9	98.8	124	141	47.5%
China	127	5.7	150	71.6	-17.4%
Mexico	43.2	98.8	54.6	30.3	-11.2%
Others	88.6	159	98.5	28.1	-31.8%
Total	3,996	2,571	2,876	3,721	-2.3%

Top Suppliers of Endless Machinery Band to Canada in 2022:

United States (96.3K square meters)
Germany (32.5K square meters)
Sweden (21.6K square meters)
China (19.8K square meters)
Netherlands (11.1K square meters)
Mexico (2.8K square meters)

Endless Machinery Band Exports in Canada

In 2022, approx. 98K square meters of endless bands for machinery, of stainless steel were exported from Canada; shrinking by -51.2% compared with the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 167%. As a result, the exports attained the peak of 201K square meters, and then shrank remarkably in the following year.

In value terms, endless machinery band exports reduced sharply to $1.5M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of $1.9M, and then dropped notably in the following year.

Export of Endless Machinery Band in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	529	628	1,003	787	14.2%
Brazil	206	105	154	223	2.7%
Italy	N/A	N/A	40.7	88.1	116.5%
Mexico	127	51.6	273	84.0	-12.9%
Netherlands	102	N/A	47.2	81.1	-7.4%
Germany	64.3	103	159	71.8	3.7%
Ireland	N/A	N/A	25.0	33.1	32.4%
Russia	N/A	60.4	114	N/A	88.7%
Others	167	130	79.7	105	-14.3%
Total	1,196	1,078	1,897	1,473	7.2%

Top Export Markets for Endless Machinery Band from Canada in 2022:

United States (29.3K square meters)
Brazil (22.2K square meters)
Italy (9.0K square meters)
Mexico (8.3K square meters)
Netherlands (8.2K square meters)
Germany (7.3K square meters)
Ireland (3.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023