Canada: Market for Machines For The Manufacture Of Flat Panel Displays 2024

Market Size for Machines For The Manufacture Of Flat Panel Displays in Canada

The Canadian panel display manufacturing machine market expanded notably to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in years to come.

Production of Machines For The Manufacture Of Flat Panel Displays in Canada

In value terms, panel display manufacturing machine production stood at less than $X in 2022 estimated in export price. Over the period under review, production saw a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X%. Panel display manufacturing machine production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Canada

In 2022, panel display manufacturing machine exports from Canada skyrocketed to X units, picking up by X% compared with the year before. Over the period under review, exports, however, faced a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, panel display manufacturing machine exports surged to $X in 2022. In general, exports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for panel display manufacturing machine exports from Canada, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%.

In value terms, the United States ($X) also remains the key foreign market for machines for the manufacture of flat panel displays exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%.

Export Prices by Country

The average panel display manufacturing machine export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to X% per year.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Canada

In 2022, the amount of machines for the manufacture of flat panel displays imported into Canada shrank sharply to X units, which is down by X% compared with the year before. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, panel display manufacturing machine imports reduced dramatically to $X in 2022. Over the period under review, imports faced a dramatic decrease. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest panel display manufacturing machine supplier to Canada, with a X% share of total imports. Moreover, panel display manufacturing machine imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of machines for the manufacture of flat panel displays to Canada, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average panel display manufacturing machine import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a precipitous curtailment. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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