Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $38,943 per ton, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 1.5% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($39,081 per ton) and China ($39,081 per ton), while the price for Finland ($39,080 per ton) and Switzerland ($39,080 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $109,171 per ton, with a decrease of -13.2% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. As a result, the export price attained the peak level of $125,845 per ton, and then fell in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($110,181 per ton), while the average price for exports to the United States amounted to $110,167 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.1%).

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Canada contracted significantly to 1.7K tons, reducing by -49.1% against 2021. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of 3.4K tons, and then contracted markedly in the following year.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard contracted notably to $67M in 2022. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, imports reached the peak of $130M, and then shrank significantly in the following year.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States42.334.230.733.9-7.1%
Germany8.98.85.69.21.1%
Finland5.412.757.58.616.8%
China4.16.623.24.0-0.8%
Switzerland2.82.83.83.810.7%
Austria1.52.11.81.86.3%
Sweden24.74.12.11.7-59.0%
Italy2.52.01.01.2-21.7%
Japan4.23.50.30.3-58.5%
Others3.43.34.02.7-7.4%
Total99.880.213067.1-12.4%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Canada in 2022:

  1. United States (867.5 tons)
  2. Germany (235.6 tons)
  3. Finland (219.0 tons)
  4. China (102.9 tons)
  5. Switzerland (97.2 tons)
  6. Austria (44.8 tons)
  7. Sweden (44.0 tons)
  8. Italy (29.5 tons)
  9. Japan (7.8 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada

In 2022, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard increased by 28% to 379 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt decrease.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard rose rapidly to $41M in 2022. In general, exports, however, saw a abrupt setback.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.441.034.039.2-6.1%
Others7.92.03.42.2-34.7%
Total55.343.137.441.4-9.2%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Canada in 2022:

  1. United States (355.5 tons)

Source: IndexBox Market Intelligence Platform

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