Canada - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Canada - 2023
Contents:
- Test Bench Price in Canada (FOB) - 2022
- Test Bench Price in Canada (CIF) - 2022
- Test Bench Exports in Canada
- Test Bench Imports in Canada
Test Bench Price in Canada (FOB) - 2022
The average test bench export price stood at $7,272 per unit in 2022, falling by -7.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 43%. Over the period under review, the average export prices attained the maximum at $14,569 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($7,272 per unit) and the UK ($7,272 per unit), while the average price for exports to China ($7,272 per unit) and Turkey ($7,272 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.3%), while the prices for the other major destinations experienced a decline.
Test Bench Price in Canada (CIF) - 2022
The average test bench import price stood at $5,188 per unit in 2022, which is down by -8.1% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $7,597 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($5,265 per unit) and Germany ($5,264 per unit), while the price for Israel ($5,196 per unit) and China ($5,261 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.5%), while the prices for the other major suppliers experienced a decline.
Test Bench Exports in Canada
Test bench exports from Canada totaled 2.8K units in 2022, increasing by 4.9% against the year before. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of 3.4K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, test bench exports contracted modestly to $20M in 2022. Overall, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 3.9% against the previous year. As a result, the exports attained the peak of $26M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Test Bench in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 19.0 | 11.5 | 13.2 | -1.0% |
| China | 1.7 | 2.3 | 2.0 | 2.3 | 10.6% |
| Brazil | 1.3 | 0.3 | 0.6 | 1.0 | -8.4% |
| Thailand | 0.2 | 2.7 | 2.2 | 1.0 | 71.0% |
| Turkey | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | N/A | 0.1 | N/A | 0.4 | 100.0% |
| United Arab Emirates | 3.1 | N/A | N/A | N/A | 0% |
| Others | 5.3 | 1.9 | 3.9 | 1.2 | -39.1% |
| Total | 25.2 | 26.2 | 20.6 | 20.0 | -7.4% |
Top Export Markets for Test Bench from Canada in 2022:
- United States (1818.0 units)
- China (309.0 units)
- Thailand (139.0 units)
- Brazil (138.0 units)
- Turkey (80.0 units)
- Poland (53.0 units)
- United Kingdom (52.0 units)
Test Bench Imports in Canada
In 2022, imports of test benches into Canada amounted to 2.6K units, surging by 2.3% compared with the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, test bench imports reduced to $13M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of $14M, and then fell in the following year.
| Import of Test Bench in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 3.4 | 5.9 | 7.3 | 15.0% |
| Germany | 3.5 | 1.3 | 3.5 | 1.9 | -18.4% |
| Italy | 0.2 | 0.4 | 0.5 | 1.5 | 95.7% |
| China | 0.2 | 0.3 | 1.3 | 1.0 | 71.0% |
| Israel | 0.9 | N/A | 0.1 | 0.6 | -12.6% |
| France | 0.5 | 0.2 | 1.4 | 0.3 | -15.7% |
| United Kingdom | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
| South Korea | N/A | 0.7 | N/A | N/A | 0% |
| Others | 1.6 | 1.2 | 1.4 | 0.6 | -27.9% |
| Total | 12.0 | 7.6 | 14.3 | 13.4 | 3.7% |
Top Suppliers of Test Bench to Canada in 2022:
- United States (1395.0 units)
- Germany (359.0 units)
- Italy (276.0 units)
- China (185.0 units)
- Israel (110.0 units)
- France (61.0 units)
- United Kingdom (47.0 units)
- South Korea (1.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
-
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
-
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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