Canada: Wood Dryer Market 2024

Wood Dryer Market Size in Canada

The Canadian wood dryer market fell to $X in 2022, waning by X% against the previous year. In general, consumption saw a perceptible contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wood Dryer Production in Canada

In value terms, wood dryer production surged to $X in 2022 estimated in export price. Over the period under review, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Wood dryer production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wood Dryer Exports

Exports from Canada

In 2022, overseas shipments of dryers for wood, paper pulp, paper or paperboard were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood dryer exports soared to $X in 2022. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for wood dryer exports from Canada, with a X% share of total exports. Moreover, wood dryer exports to the United States exceeded the volume sent to the second major destination, the UK (X units), more than tenfold. India (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and India (X% per year).

In value terms, the United States ($X) remains the key foreign market for dryers for wood, paper pulp, paper or paperboard exports from Canada, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average wood dryer export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X 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 New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Dryer Imports

Imports into Canada

In 2022, approx. X units of dryers for wood, paper pulp, paper or paperboard were imported into Canada; waning by X% against the year before. Over the period under review, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, wood dryer imports expanded remarkably to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of wood dryer to Canada, with a X% share of total imports. Moreover, wood dryer imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X), Austria ($X) and Germany ($X) constituted the largest wood dryer suppliers to Canada, together accounting for X% of total imports. France, Romania and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wood dryer import price amounted to $X per unit, surging by X% against the previous year. In general, the import price recorded a significant expansion. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Austria ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :