Canada: Semiconductor Device Market 2024

Semiconductor Device Market Size in Canada

The Canadian semiconductor device market rose notably to $X in 2022, picking up by X% against the previous year. In general, consumption saw a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Semiconductor Device Production in Canada

In value terms, semiconductor device production expanded significantly to $X in 2022 estimated in export price. In general, production posted strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Semiconductor Device Exports

Exports from Canada

After four years of decline, shipments abroad of semiconductor devices increased by X% to X units in 2022. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, semiconductor device exports declined to $X in 2022. Overall, total exports indicated tangible 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Indonesia (X units), the United States (X units) and China (X units) were the main destinations of semiconductor device exports from Canada, with a combined X% share of total exports. Germany, Hong Kong SAR, Japan, Sweden, Costa Rica, Taiwan (Chinese), Singapore, Oman and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the United States ($X) and Germany ($X) constituted the largest markets for semiconductor device exported from Canada worldwide, together accounting for X% of total exports. Hong Kong SAR, Sweden, Costa Rica, Singapore, China, Japan, Taiwan (Chinese), Oman and Senegal lagged somewhat behind, together comprising a further X%.

Costa Rica, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average semiconductor device export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

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

Semiconductor Device Imports

Imports into Canada

In 2022, after two years of growth, there was significant decline in overseas purchases of semiconductor devices, when their volume decreased by X% to X units. Over the period under review, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, semiconductor device imports dropped sharply to $X in 2022. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of semiconductor device imports to Canada, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X), Taiwan (Chinese) ($X) and China ($X) appeared to be the largest semiconductor device suppliers to Canada, together accounting for X% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average semiconductor device import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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