From January to October 2021, the bilateral trade volume between China and Canada was US$54.3 billion, a year-on-year increase of 6.40%, China’s exports to Canada were US$30.4 billion, a year-on-year decrease of 7%, and imports from Canada were US$23.9 billion, a year-on-year increase of 32%, with a trade surplus of 6.5 billion Dollar;
From January to October 2020, the bilateral trade volume between China and Canada was US$51 billion, a year-on-year decrease of 20%. Among them, China's exports to Canada were US$33 billion, down 21% year-on-year; imports from Canada were US$18 billion, down 18% year-on-year, with a trade surplus of US$15 billion.
From January to October 2019, the bilateral trade volume between China and Canada reached US$63.9 billion, a year-on-year increase of 110%. Among them, China's exports to Canada were US$41.8 billion, up 497% year-on-year; imports from Canada were US$22.1 billion, down 5% year-on-year, with a trade surplus of US$19.7 billion.
It can be seen from the data that the scale of trade between China and Canada is large, and despite the impact of the COVID-19 epidemic, the scale of trade between the two countries has not shrunk on a large scale. As a Chinese crane supplier that provides crane services to the world, Dongqi Crane has a strong desire for the Canadian crane market. In the past 2021, Dongqi Crane has completed a total of 5 crane projects in Canada. We hope to open More Canadian Crane Market. This article will assess the evolution of the Canadian crane market in 2022 from the perspective of historical sales
Before we start discussing the aerial crane market in Canada, we have a few small questions that need to be answered first. Let’s take a look
The Canadian Overhead Crane Market has surged to $X in 2020, an increase of X% over the previous year. During the period under review, consumption recorded significant growth. As a result, consumption has peaked and is likely to continue growing in the short term.
In value terms, 2020 overhead crane production dropped significantly to $2020 (estimated at export prices). However, production continued to show a relatively flat trend pattern during the period under review. The growth rate was most pronounced in 2015, with a year-on-year increase of X%. Overhead crane production peaked at $X in 2019 before falling significantly the following year.
In 2020, the export of fixed-support overhead cranes in Canada dropped significantly to X units, a year-on-year decrease of -X%. Overall, however, exports showed a relatively flat trend pattern. The fastest growth rate in 2019, with a year-on-year increase of X%. As a result, exports peaked at X units before falling sharply the following year.
In value terms, 2020 overhead crane exports dropped significantly to $X. Overall, however, there has been a marked decline in exports. The fastest growth rate in 2019, with a year-on-year increase of X%. As a result, exports peaked at $X before falling sharply the following year.
The United States (X units) is the main destination for Canada's overhead crane exports, accounting for X% of total exports. It was followed by Australia (X units) with X% of total exports.
From 2007 to 2020, the average annual growth rate of exports to the United States was +X%. Exports to other major destinations recorded the following average annual export growth rates: Australia (+X% per annum) and Mexico (+X% per annum).
In terms of value, the United States ($X) remains the leading foreign market for Canadian overhead crane exports, accounting for X% of total exports. In second place is Australia ($X) with X% of total exports.
From 2007 to 2020, the average annual growth in value to the U.S. totaled -X%. Exports to other major destinations recorded the following average annual export growth rates: Australia (+X% per annum) and Mexico (+X% per annum).
After three years of decline, the foreign supply of fixed-support overhead cranes increased by X% to X units in 2020. But overall, imports showed a relatively stable trend pattern. Imports peaked at X units in 2007; after that, it has flattened out into 2020.
Overhead crane imports surged to $X in 2020 by value. However, imports continued to show a marked contraction during the period under review. During the period under review, imports reached an all-time high of $X in 2014; however, from 2015 to 2020, imports have remained low.
In 2020, Spain (X units) was the largest supplier of overhead cranes in Canada, accounting for X% of total imports. In addition, overhead cranes imported from Spain were three times higher than the number recorded by the second largest supplier, the United States (X units).
From 2007 to 2020, the average annual growth rate of sales in Spain totaled +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: the United States (-X% per year) and Germany (-X% per year). Spain ($X) is Canada's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is the United States ($X) with X% of total imports.
From 2007 to 2020, the average annual growth in value in Spain totaled +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: the United States (-X% per year) and Germany (-X% per year).
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