Canada - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Canada - 2023
Contents:
- Price for Grinding, Sanding and Polishing Machine in Canada (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Canada (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Canada
- Exports of Grinding, Sanding and Polishing Machine in Canada
Price for Grinding, Sanding and Polishing Machine in Canada (CIF) - 2022
In 2022, the average import price for grinding, sanding and polishing machines amounted to $224 per unit, rising by 5.6% against the previous year. Overall, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 56% against the previous year. The import price peaked at $275 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 ($479 per unit), while the price for China ($71 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grinding, Sanding and Polishing Machine in Canada (FOB) - 2022
The average export price for grinding, sanding and polishing machines stood at $6,069 per unit in 2022, increasing by 115% against the previous year. In general, 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.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.2% per year.
Imports of Grinding, Sanding and Polishing Machine in Canada
In 2022, approx. 91K units of grinding, sanding and polishing machines were imported into Canada; waning by -4.7% compared with the year before. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Imports peaked at 111K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, grinding, sanding and polishing machine imports reached $20M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Grinding, Sanding and Polishing Machine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.1 | 1.3 | 4.2 | 4.6 | -9.0% |
| Taiwan (Chinese) | 2.6 | 2.6 | 4.7 | 4.5 | 20.1% |
| United States | 1.6 | 3.8 | 3.6 | 3.4 | 28.6% |
| China | 2.9 | 2.9 | 3.4 | 3.3 | 4.4% |
| Italy | 4.0 | 4.8 | 3.3 | 2.6 | -13.4% |
| Vietnam | N/A | N/A | N/A | 0.4 | 0% |
| Switzerland | 1.1 | 0.5 | N/A | 0.4 | -28.6% |
| Others | 0.9 | 1.4 | 1.1 | 1.4 | 15.9% |
| Total | 19.1 | 17.2 | 20.3 | 20.5 | 2.4% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Canada in 2022:
- China (46.7K units)
- Taiwan (Chinese) (12.4K units)
- United States (9.5K units)
- Germany (9.5K units)
- Italy (5.6K units)
- Vietnam (2.4K units)
- Switzerland (1.5K units)
Exports of Grinding, Sanding and Polishing Machine in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of grinding, sanding and polishing machines, when their volume decreased by -49.1% to 1.2K units. In general, exports saw a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 2.4K units, and then reduced sharply in the following year.
In value terms, grinding, sanding and polishing machine exports rose sharply to $7.3M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 71%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Grinding, Sanding and Polishing Machine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 6.4 | 6.3 | 7.1 | 25.4% |
| Others | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Total | 3.9 | 6.7 | 6.7 | 7.3 | 23.2% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Canada in 2022:
- United States (1165.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, 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
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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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