Canada - Drilling Or Morticing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Drilling Machine Price in Canada - 2023
Contents:
- Wood Drilling Machine Price in Canada (CIF) - 2022
- Wood Drilling Machine Price in Canada (FOB) - 2023
- Wood Drilling Machine Imports in Canada
- Wood Drilling Machine Exports in Canada
Wood Drilling Machine Price in Canada (CIF) - 2022
The average wood drilling machine import price stood at $306 per unit in 2022, with an increase of 33% against the previous year. In general, the import price saw a modest increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. As a result, import price reached the peak level of $350 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 Italy ($715 per unit), while the price for China ($168 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Drilling Machine Price in Canada (FOB) - 2023
In September 2023, the average wood drilling machine export price amounted to $8,957 per unit, reducing by -36% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 710% m-o-m. As a result, the export price attained the peak level of $23,480 per unit; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($14,394 per unit), while the average price for exports to the United States stood at $6,486 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Drilling Machine Imports in Canada
In 2022, approx. 36K units of drilling or morticing machines were imported into Canada; increasing by 7.2% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, wood drilling machine imports skyrocketed to $11M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood Drilling Machine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 1.8 | 3.0 | 3.0 | 16.4% |
| Italy | 1.5 | 3.9 | 1.1 | 2.9 | 24.6% |
| United States | 1.3 | 0.7 | 0.8 | 1.9 | 13.5% |
| Germany | 0.3 | 0.2 | 1.3 | 1.0 | 49.4% |
| Taiwan (Chinese) | 0.5 | 0.8 | 1.0 | 0.9 | 21.6% |
| Austria | 0.7 | 0.5 | 0.5 | 0.7 | 0.0% |
| Denmark | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | 0.2 | 0.2 | 0.1 | 0.5 | 35.7% |
| Total | 6.3 | 8.1 | 7.7 | 10.9 | 20.0% |
Top Suppliers of Wood Drilling Machine to Canada in 2022:
- China (17.8K units)
- United States (9.1K units)
- Italy (4.1K units)
- Germany (2.0K units)
- Taiwan (Chinese) (1.5K units)
- Austria (0.5K units)
Wood Drilling Machine Exports in Canada
In 2022, overseas shipments of drilling or morticing machines decreased by -61.7% to 274 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 108% against the previous year. As a result, the exports attained the peak of 716 units, and then shrank sharply in the following year.
In value terms, wood drilling machine exports dropped notably to $1.4M in 2022. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of $2.5M, and then shrank notably in the following year.
| Export of Wood Drilling Machine in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,408 | 1,512 | 1,974 | 1,178 | -5.8% |
| Denmark | 316 | 140 | 306 | 142 | -23.4% |
| Kazakhstan | 8.2 | 11.4 | 8.1 | 31.5 | 56.6% |
| Burkina Faso | 144 | N/A | N/A | N/A | 0% |
| Others | 430 | 322 | 175 | 45.9 | -52.6% |
| Total | 2,306 | 1,986 | 2,463 | 1,397 | -15.4% |
Top Export Markets for Wood Drilling Machine from Canada in 2022:
- United States (220.0 units)
- Denmark (34.0 units)
- Kazakhstan (8.0 units)
This report provides an in-depth analysis of the wood drilling machine market 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
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
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