Price for Book-Binding Machinery; Including Book-Sewing Machines in Canada - 2023
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Canada (CIF) - 2022
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Canada (FOB) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in Canada
- Exports of Book-Binding Machinery; Including Book-Sewing Machines in Canada
Price for Book-Binding Machinery; Including Book-Sewing Machines in Canada (CIF) - 2022
In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $585 per unit, surging by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 7.9%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Germany ($798 per unit), while the price for Switzerland ($446 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Book-Binding Machinery; Including Book-Sewing Machines in Canada (FOB) - 2022
The average export price for book-binding machinery; including book-sewing machineses stood at $506 per unit in 2022, which is down by -9.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. The export price peaked at $634 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($505 per unit), while the average price for exports to Japan ($478 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 the UK (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in Canada
In 2022, the amount of book-binding machinery; including book-sewing machineses imported into Canada soared to 38K units, growing by 36% compared with the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, book-binding machinery; including book-sewing machines imports soared to $22M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Book-Binding Machinery; Including Book-Sewing Machines in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.8 | 3.1 | 3.1 | 5.6 | 5.3% |
Germany | 3.5 | 2.7 | 2.4 | 5.6 | 17.0% |
Switzerland | 1.4 | 7.6 | 3.3 | 5.0 | 52.9% |
China | 3.2 | 1.9 | 2.6 | 2.1 | -13.1% |
Taiwan (Chinese) | 0.3 | 0.1 | 0.1 | 1.2 | 58.7% |
Japan | 1.5 | 1.5 | 2.8 | 1.2 | -7.2% |
Italy | 0.5 | 1.0 | 0.4 | 0.6 | 6.3% |
United Kingdom | 2.0 | 0.1 | 0.3 | 0.1 | -63.2% |
Others | 1.2 | 0.7 | 0.6 | 0.9 | -9.1% |
Total | 18.3 | 18.7 | 15.7 | 22.3 | 6.8% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Canada in 2022:
- Switzerland (11.3K units)
- United States (8.5K units)
- Germany (7.0K units)
- China (2.8K units)
- Taiwan (Chinese) (2.6K units)
- Japan (2.5K units)
- Italy (1.4K units)
- United Kingdom (0.2K units)
Exports of Book-Binding Machinery; Including Book-Sewing Machines in Canada
In 2022, exports of book-binding machinery; including book-sewing machineses from Canada skyrocketed to 20K units, with an increase of 80% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 158%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, book-binding machinery; including book-sewing machines exports surged to $10M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 127% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Book-Binding Machinery; Including Book-Sewing Machines in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.0 | 1.8 | 5.3 | 8.8 | 43.1% |
Japan | 0.8 | N/A | 0.4 | 0.8 | 0.0% |
Spain | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Hong Kong SAR | 0.7 | 0.5 | 0.1 | N/A | -62.2% |
Others | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
Total | 5.1 | 2.7 | 6.1 | 10.0 | 25.2% |
Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Canada in 2022:
- United States (17.5K units)
- Japan (1.8K units)
- Spain (0.2K units)
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