Canada - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Textile Weaving and Knitting Machinery in Canada - 2023
Contents:
- Price for Textile Weaving and Knitting Machinery in Canada (CIF) - 2022
- Price for Textile Weaving and Knitting Machinery in Canada (FOB) - 2023
- Imports of Textile Weaving and Knitting Machinery in Canada
- 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) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.9 | 3.1 | 4.7 | 7.8 | 26.0% |
Switzerland | 0.2 | 0.2 | 0.4 | 3.3 | 154.6% |
United States | 3.3 | 3.4 | 3.0 | 2.7 | -6.5% |
France | 0.1 | 0.4 | 1.5 | 2.5 | 192.4% |
China | 1.1 | 1.0 | 1.7 | 2.4 | 29.7% |
Sweden | N/A | N/A | 1.9 | 2.2 | 15.8% |
Netherlands | 0.8 | 0.6 | 0.7 | 0.8 | 0.0% |
New Zealand | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
Belgium | 1.5 | 0.4 | N/A | 0.2 | -48.9% |
Norway | 0.7 | N/A | N/A | 0.2 | -34.1% |
Others | 10.9 | 6.7 | 10.8 | 12.0 | 3.3% |
Total | 22.7 | 16.1 | 25.0 | 34.4 | 14.9% |
Top Suppliers of Textile Weaving and Knitting Machinery to Canada in 2022:
- Sweden (136.9K units)
- Germany (122.6K units)
- Switzerland (75.1K units)
- France (72.6K units)
- China (25.3K units)
- New Zealand (22.0K units)
- Netherlands (21.8K units)
- United States (15.0K units)
- Norway (14.0K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.1 | 3.3 | 4.0 | 3.8 | 7.0% |
Egypt | N/A | N/A | N/A | 1.9 | 0% |
Belgium | N/A | N/A | N/A | 0.9 | 0% |
Others | 2.4 | 1.6 | 2.4 | 1.2 | -20.6% |
Total | 5.5 | 4.9 | 6.4 | 7.8 | 12.4% |
Top Export Markets for Textile Weaving and Knitting Machinery from Canada in 2022:
- United States (1322.0 units)
- Egypt (96.0 units)
- Belgium (42.0 units)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Canada.
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This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Canada.
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This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
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