Canada: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Canada

The Canadian spindles and spindle flyer market totaled $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated perceptible 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 increased by X% against 2020 indices. Spindles and spindle flyer consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Canada

In value terms, spindles and spindle flyer production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Canada

In 2022, shipments abroad of spindles and spindle flyers, spinning ring and ring travellers increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, spindles and spindle flyer exports rose significantly to $X in 2022. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for spindles and spindle flyer exports from Canada, with a X% share of total exports. Moreover, spindles and spindle flyer exports to the United States exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold. China (X kg) 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 totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and China (X% per year).

In value terms, the United States ($X) remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by China, with a X% share.

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

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a slight setback. The growth pace was the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per ton) and China ($X per ton), while the average price for exports to Italy ($X per ton) and Burkina Faso ($X per ton) were 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 a decline.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Canada

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers imported into Canada skyrocketed to X tons, surging by X% against 2021. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, spindles and spindle flyer imports soared to $X in 2022. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of spindles and spindle flyer to Canada, with a X% share of total imports. Moreover, spindles and spindle flyer imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of spindles and spindle flyers, spinning ring and ring travellers to Canada, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average spindles and spindle flyer import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and China ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and Switzerland ($X per ton) were 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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