Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Canada - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $9.2 per unit, surging by 24% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5.3 per unit), while the price for India amounted to $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%).

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $9 per unit, declining by -26.8% against the previous year. In general, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. The export price peaked at $13 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23 per unit), while the average price for exports to France ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada

In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into Canada declined significantly to 1.8M units, reducing by -18.8% compared with 2021 figures. Overall, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of 2.2M units, and then fell rapidly in the following year.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses totaled $16M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.65.87.56.55.1%
India0.30.30.40.30.0%
Others8.67.58.19.43.0%
Total14.513.716.016.23.8%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Canada in 2022:

  1. China (1211.7K units)
  2. India (466.9K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada

Exports of drawing, marking-out or mathematical calculating instrumentses from Canada declined slightly to 296K units in 2022, waning by -4.5% against 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 310K units, and then fell modestly in the following year.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted significantly to $2.7M in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports attained the peak of $3.8M, and then dropped significantly in the following year.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4042,0062,7671,165-21.5%
Germany3333072003723.8%
United Kingdom2051181692141.4%
Jamaica1.90.90.543.6184.2%
Australia44.331.354.642.5-1.4%
Trinidad and Tobago0.51.71.339.6329.4%
France21.122.243.838.021.7%
Others6895855697462.7%
Total3,6993,0723,8052,660-10.4%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Canada in 2022:

  1. United Kingdom (59.7K units)
  2. United States (50.9K units)
  3. France (35.8K units)
  4. Jamaica (32.0K units)
  5. Australia (29.2K units)
  6. Trinidad and Tobago (27.9K units)
  7. Germany (16.3K units)

Source: IndexBox Market Intelligence Platform

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