Canada: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in Canada

In 2022, the Canadian gravure printing machinery market decreased by X% to $X, falling for the third consecutive year after two years of growth. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Gravure Printing Machinery Production in Canada

In value terms, gravure printing machinery production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Gravure Printing Machinery Exports

Exports from Canada

In 2022, exports of gravure printing machinery from Canada soared to X units, jumping by X% against the year before. Over the period under review, exports, however, recorded a deep contraction. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, gravure printing machinery exports surged to $X in 2022. In general, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for gravure printing machinery exports from Canada, accounting for a X% share of total exports. Moreover, gravure printing machinery exports to Brazil exceeded the volume sent to the second major destination, the United States (X units), sixfold. China (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

In value terms, the largest markets for gravure printing machinery exported from Canada were the United States ($X), the UK ($X) and Brazil ($X), together accounting for X% of total exports.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average gravure printing machinery export price amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 the UK ($X per unit), while the average price for exports to Burkina Faso ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Gravure Printing Machinery Imports

Imports into Canada

In 2022, the amount of gravure printing machinery imported into Canada dropped to X units, which is down by X% against the previous year's figure. Over the period under review, imports recorded a dramatic slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, gravure printing machinery imports shrank notably to $X in 2022. In general, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest gravure printing machinery supplier to Canada, accounting for a X% share of total imports. Moreover, gravure printing machinery imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was held by the United States (X units), with a X% share.

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

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of gravure printing machinery to Canada, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average gravure printing machinery import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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