Report Update: May 1, 2024

Canada - Civil Spacecraft, Satellites And Launch Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Spacecraft Price in Canada - 2022

Spacecraft Price in Canada (CIF) - 2022

The average spacecraft import price stood at $6,364 per unit in 2022, waning by -90.8% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 293,837%. As a result, import price reached the peak level of $69,443 per unit, and then contracted dramatically in the following year.

As there is only one major supplying country, 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 UK amounted to +21.9% per year.

Spacecraft Price in Canada (FOB) - 2022

The average spacecraft export price stood at $7,618 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price showed a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 390%. Over the period under review, the average export prices attained the maximum at $8,522 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($11,753 per unit), while the average price for exports to South Africa ($1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Spacecraft Imports in Canada

In 2022, overseas purchases of civil spacecraft, satellites and launch vehicles decreased by -85.7% to 2 units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of 14 units, and then fell rapidly in the following year.

In value terms, spacecraft imports contracted sharply to $13K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 514,289% against the previous year. As a result, imports attained the peak of $972K, and then fell rapidly in the following year.

Import of Spacecraft in Canada (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
United States	N/A	847	12.7	-98.5%
Spain	N/A	44.1	N/A	0%
China	N/A	N/A	N/A	0%
Germany	N/A	0.2	N/A	0%
United Kingdom	N/A	33.3	N/A	0%
Luxembourg	0.1	N/A	N/A	0%
Japan	N/A	1.6	N/A	0%
Denmark	N/A	1.5	N/A	0%
Others	0.1	44.1	N/A	44000.0%
Total	0.2	972	12.7	696.9%

Top Suppliers of Spacecraft to Canada in 2022:

United States (1.0 units)

Spacecraft Exports in Canada

In 2022, exports of civil spacecraft, satellites and launch vehicles from Canada totaled 33 units, therefore, remained relatively stable against 2021. Over the period under review, exports continue to indicate a precipitous decrease. The smallest decline of 99.9% was in 2021. The exports peaked at 59 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, spacecraft exports amounted to $251K in 2022. Overall, exports recorded a dramatic slump. The smallest decline of 99.9% was in 2021. The exports peaked at $503K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Spacecraft in Canada (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
France	479	N/A	240	-29.2%
India	23.5	N/A	11.8	-29.1%
United Kingdom	N/A	N/A	N/A	0%
South Africa	N/A	N/A	N/A	0%
Others	0.4	N/A	N/A	0%
Total	503	N/A	251	-29.4%

Top Export Markets for Spacecraft from Canada in 2022:

France (30.0 units)
United Kingdom (1.0 units)
South Africa (1.0 units)
India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spacecraft 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 30304000 - Spacecraft, satellites and launch vehicles, for civil use

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