Canada - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Textile Weaving and Knitting Machinery in Canada - 2023

Contents:

  1. Price for Textile Weaving and Knitting Machinery in Canada (CIF) - 2022
  2. Price for Textile Weaving and Knitting Machinery in Canada (FOB) - 2023
  3. Imports of Textile Weaving and Knitting Machinery in Canada
  4. Exports of Textile Weaving and Knitting Machinery in Canada

Price for Textile Weaving and Knitting Machinery in Canada (CIF) - 2022

The average import price for machines for preparing, weaving and knitting textiles stood at $65 per unit in 2022, declining by -41.6% against the previous year. Over the period under review, the import price showed a mild slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 69%. As a result, import price reached the peak level of $183 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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 Australia ($1,379 per unit), while the price for Norway ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+54.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Weaving and Knitting Machinery in Canada (FOB) - 2023

In September 2023, the average export price for machines for preparing, weaving and knitting textiles amounted to $7,714 per unit, jumping by 791% against the previous month. Overall, the export price showed a prominent expansion. Over the period under review, the average export prices attained the peak figure at $23,384 per unit in March 2023; afterwards, it flattened through to September 2023.

Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Tajikistan ($8,397 per unit), while the average price for exports to the United States amounted to $7,517 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Weaving and Knitting Machinery in Canada

In 2022, imports of machines for preparing, weaving and knitting textiles into Canada soared to 530K units, growing by 136% compared with 2021. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, textile weaving and knitting machinery imports soared to $34M in 2022. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Textile Weaving and Knitting Machinery in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.93.14.77.826.0%
Switzerland0.20.20.43.3154.6%
United States3.33.43.02.7-6.5%
France0.10.41.52.5192.4%
China1.11.01.72.429.7%
SwedenN/AN/A1.92.215.8%
Netherlands0.80.60.70.80.0%
New Zealand0.20.20.30.314.5%
Belgium1.50.4N/A0.2-48.9%
Norway0.7N/AN/A0.2-34.1%
Others10.96.710.812.03.3%
Total22.716.125.034.414.9%

Top Suppliers of Textile Weaving and Knitting Machinery to Canada in 2022:

  1. Sweden (136.9K units)
  2. Germany (122.6K units)
  3. Switzerland (75.1K units)
  4. France (72.6K units)
  5. China (25.3K units)
  6. New Zealand (22.0K units)
  7. Netherlands (21.8K units)
  8. United States (15.0K units)
  9. Norway (14.0K units)
  10. Belgium (4.6K units)

Exports of Textile Weaving and Knitting Machinery in Canada

In 2022, approx. 1.6K units of machines for preparing, weaving and knitting textiles were exported from Canada; picking up by 41% against the previous year. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, textile weaving and knitting machinery exports skyrocketed to $7.8M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Textile Weaving and Knitting Machinery in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.13.34.03.87.0%
EgyptN/AN/AN/A1.90%
BelgiumN/AN/AN/A0.90%
Others2.41.62.41.2-20.6%
Total5.54.96.47.812.4%

Top Export Markets for Textile Weaving and Knitting Machinery from Canada in 2022:

  1. United States (1322.0 units)
  2. Egypt (96.0 units)
  3. Belgium (42.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
  • Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
  • Prodcom 28941300 - Weaving machines
  • Prodcom 28941430 - Circular knitting machines
  • Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
  • Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Machines For Preparing, Weaving And Knitting Textiles - Canada