Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $4.7 per unit in 2022, reducing by -8.5% against the previous year. Overall, the import price, however, posted slight growth. The most prominent rate of growth was recorded in 2019 an increase of 41% against the previous year. The import price peaked at $5.1 per unit in 2021, and then contracted in the following year.

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 the United States ($6.9 per unit), while the price for France ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,140 per unit in 2022, growing by 36% against the previous year. Over the period under review, the export price showed a significant increase. The pace of growth was the most pronounced in 2016 an increase of 307%. The export price peaked at $2,001 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Ecuador amounted to +16.8% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada

In 2022, after two years of decline, there was significant growth in supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume increased by 70% to 673K units. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $3.1M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Canada in 2022:

1. Spain (245.5K units)
2. Israel (219.1K units)
3. United States (196.7K units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Canada

Exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from Canada soared to 173 units in 2022, rising by 19% against the previous year's figure. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 104%. As a result, the exports reached the peak of 220 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $197K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 112%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Canada in 2022:

1. United States (173.0 units)

Source: IndexBox Market Intelligence Platform