Rafts; Inflatable Price in Canada - 2023

Contents:

  1. Rafts; Inflatable Price in Canada (CIF) - 2022
  2. Rafts; Inflatable Price in Canada (FOB) - 2022
  3. Rafts; Inflatable Imports in Canada
  4. Rafts; Inflatable Exports in Canada

Rafts; Inflatable Price in Canada (CIF) - 2022

In 2022, the average rafts; inflatable import price amounted to $1,510 per unit, with an increase of 35% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2019 an increase of 42%. Over the period under review, average import prices attained the peak figure at $2,692 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Mexico ($5,047 per unit), while the price for China ($319 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Canada (FOB) - 2022

The average rafts; inflatable export price stood at $1,513 per unit in 2022, shrinking by -24.1% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. As a result, the export price reached the peak level of $3,157 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($3,273 per unit), while the average price for exports to Australia ($417 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 Latvia (+5.6%), while the prices for the other major destinations experienced a decline.

Rafts; Inflatable Imports in Canada

In 2022, the amount of rafts; inflatables imported into Canada declined dramatically to 7.7K units, dropping by -15.1% against the previous year's figure. In general, imports showed a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 9.1K units, and then reduced dramatically in the following year.

In value terms, rafts; inflatable imports expanded markedly to $12M in 2022. Over the period under review, imports recorded a mild shrinkage. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Rafts; Inflatable in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.53.75.05.0-8.4%
United Kingdom0.40.50.82.993.5%
Mexico0.91.00.91.03.6%
China1.30.91.60.8-14.9%
France0.70.80.20.6-5.0%
AustraliaN/A0.5N/A0.3-22.5%
Thailand0.40.20.20.3-9.1%
VietnamN/A0.1N/A0.241.4%
ItalyN/A0.10.10.10.0%
India0.60.1N/AN/A-83.3%
Others1.52.11.40.4-35.6%
Total12.49.910.211.7-1.9%

Top Suppliers of Rafts; Inflatable to Canada in 2022:

  1. United States (2583.0 units)
  2. China (2360.0 units)
  3. United Kingdom (1228.0 units)
  4. Vietnam (347.0 units)
  5. France (297.0 units)
  6. Mexico (208.0 units)
  7. Thailand (208.0 units)
  8. Australia (159.0 units)
  9. Italy (133.0 units)

Rafts; Inflatable Exports in Canada

In 2022, approx. 2.9K units of rafts; inflatables were exported from Canada; growing by 65% compared with the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rafts; inflatable exports soared to $4.5M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +84.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Rafts; Inflatable in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,3781,7811,6532,091-4.2%
ThailandN/AN/AN/A9510%
France6.444.9181333273.3%
Latvia47.817.141.417353.5%
United Kingdom359118205130-28.7%
Brazil254N/A5.0111-24.1%
AustraliaN/AN/AN/A42.90%
Germany1111531,01641.3-28.1%
Others4602984585848.3%
Total3,6162,4133,5594,4577.2%

Top Export Markets for Rafts; Inflatable from Canada in 2022:

  1. Thailand (1222.0 units)
  2. United States (1026.0 units)
  3. France (149.0 units)
  4. Australia (103.0 units)
  5. United Kingdom (60.0 units)
  6. Brazil (55.0 units)
  7. Latvia (53.0 units)
  8. Germany (19.0 units)

Source: IndexBox Market Intelligence Platform

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