Canada - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOptical Radiation Instruments Price in Canada - 2023
Contents:
- Optical Radiation Instruments Price in Canada (CIF) - 2022
- Optical Radiation Instruments Price in Canada (FOB) - 2023
- Optical Radiation Instruments Imports in Canada
- Optical Radiation Instruments Exports in Canada
Optical Radiation Instruments Price in Canada (CIF) - 2022
In 2022, the average optical radiation instruments import price amounted to $433 per unit, falling by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. As a result, import price reached the peak level of $447 per unit, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($433 per unit) and Estonia ($433 per unit), while the price for Singapore ($433 per unit) and France ($433 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Radiation Instruments Price in Canada (FOB) - 2023
In June 2023, the average optical radiation instruments export price amounted to $2,287 per unit, with a decrease of -20% against the previous month. Over the period under review, export price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, optical radiation instruments export price decreased by -20.0% against May 2023 indices. The growth pace was the most rapid in December 2022 an increase of 67% m-o-m. Over the period under review, the average export prices attained the maximum at $3,366 per unit in February 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was France ($6,951 per unit), while the average price for exports to Hong Kong SAR ($609 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Radiation Instruments Imports in Canada
In 2022, optical radiation instruments imports into Canada soared to 753K units, rising by 27% against 2021 figures. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, optical radiation instruments imports soared to $326M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Optical Radiation Instruments in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 81.8 | 83.9 | 95.2 | 129 | 16.4% |
China | 39.8 | 40.9 | 57.9 | 60.6 | 15.0% |
Japan | 13.4 | 12.2 | 24.4 | 21.7 | 17.4% |
Dominican Republic | N/A | N/A | N/A | 21.7 | 0% |
Germany | 19.1 | 17.3 | 19.6 | 21.6 | 4.2% |
Singapore | 13.4 | 14.9 | 16.9 | 12.0 | -3.6% |
United Kingdom | 7.5 | 9.1 | 9.1 | 11.6 | 15.6% |
Estonia | 2.8 | 2.6 | 4.0 | 5.8 | 27.5% |
Sweden | 5.8 | 5.2 | 6.4 | 5.6 | -1.2% |
Malaysia | 3.2 | 1.5 | 4.0 | 5.0 | 16.0% |
France | 4.3 | 6.1 | 6.0 | 4.6 | 2.3% |
Others | 16.3 | 22.3 | 21.0 | 26.0 | 16.8% |
Total | 207 | 216 | 265 | 326 | 16.3% |
Top Suppliers of Optical Radiation Instruments to Canada in 2022:
- United States (299.1K units)
- China (140.1K units)
- Dominican Republic (50.3K units)
- Japan (50.0K units)
- Germany (50.0K units)
- Singapore (27.8K units)
- United Kingdom (26.9K units)
- Estonia (13.3K units)
- Sweden (12.9K units)
- Malaysia (11.5K units)
- France (10.7K units)
Optical Radiation Instruments Exports in Canada
In 2022, exports of instruments using optical radiations from Canada rose markedly to 578K units, growing by 6.6% against the year before. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, optical radiation instruments exports dropped slightly to $194M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $198M, and then reduced modestly in the following year.
Export of Optical Radiation Instruments in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 63.9 | 74.6 | 85.8 | 83.5 | 9.3% |
United Kingdom | 12.9 | 11.9 | 17.7 | 24.3 | 23.5% |
France | 7.9 | 6.2 | 10.6 | 16.0 | 26.5% |
China | 14.8 | 15.2 | 10.5 | 10.6 | -10.5% |
Germany | 4.2 | 5.0 | 6.2 | 5.3 | 8.1% |
Japan | 4.0 | 7.9 | 9.9 | 3.9 | -0.8% |
Australia | 2.2 | 1.9 | 2.4 | 3.8 | 20.0% |
India | 4.1 | 2.5 | 2.1 | 2.9 | -10.9% |
Hong Kong SAR | 3.9 | 3.0 | 3.3 | 2.1 | -18.6% |
Others | 38.7 | 36.7 | 49.1 | 42.2 | 2.9% |
Total | 157 | 165 | 198 | 194 | 7.3% |
Top Export Markets for Optical Radiation Instruments from Canada in 2022:
- United States (248.2K units)
- United Kingdom (72.2K units)
- France (47.5K units)
- China (31.5K units)
- Germany (15.8K units)
- Japan (11.5K units)
- Australia (11.2K units)
- India (8.7K units)
- Hong Kong SAR (6.2K units)
This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.
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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