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Canada - Machines for Preparing, Weaving and Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Market for Machines For Preparing, Weaving And Knitting Textiles 2024
Market Size for Machines For Preparing, Weaving And Knitting Textiles in Canada
The Canadian market for machines for preparing, weaving and knitting textiles rose slightly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. Textile weaving and knitting machinery consumption peaked in 2023 and is likely to see gradual growth in years to come.
Production of Machines For Preparing, Weaving And Knitting Textiles in Canada
In value terms, textile weaving and knitting machinery production expanded slightly to $X in 2023 estimated in export price. Overall, production saw a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Textile weaving and knitting machinery production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Exports of Machines For Preparing, Weaving And Knitting Textiles
Exports from Canada
In 2023, after two years of growth, there was significant decline in shipments abroad of machines for preparing, weaving and knitting textiles, when their volume decreased by X% to X units. Overall, exports recorded a slight contraction. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports reached the peak of X units, and then dropped rapidly in the following year.
In value terms, textile weaving and knitting machinery exports declined dramatically to $X in 2023. Over the period under review, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X units) was the main destination for textile weaving and knitting machinery exports from Canada, with a X% share of total exports. Moreover, textile weaving and knitting machinery exports to the United States exceeded the volume sent to the second major destination, Spain (X units), more than tenfold.
From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%.
In value terms, the United States ($X) remains the key foreign market for machines for preparing, weaving and knitting textiles exports from Canada, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%.
Export Prices by Country
The average export price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the United States amounted to $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).
Imports of Machines For Preparing, Weaving And Knitting Textiles
Imports into Canada
In 2023, purchases abroad of machines for preparing, weaving and knitting textiles increased by X% to X units, rising for the third consecutive year after four years of decline. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see gradual growth in years to come.
In value terms, textile weaving and knitting machinery imports fell slightly to $X in 2023. Overall, total imports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2022, and then fell slightly in the following year.
Imports by Country
Belgium (X units), the United States (X units) and Japan (X units) were the main suppliers of textile weaving and knitting machinery imports to Canada, with a combined X% share of total imports. Italy, China, India, Germany, Spain, Sweden, Switzerland and the Netherlands lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest textile weaving and knitting machinery suppliers to Canada were Italy ($X), Japan ($X) and the United States ($X), with a combined X% share of total imports. Germany, India, Belgium, China, Spain, the Netherlands, Sweden and Switzerland lagged somewhat behind, together comprising a further X%.
India, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for machines for preparing, weaving and knitting textiles amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
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
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