The market is dominated by foreign suppliers, as imports account for 69.0% of total market size in 2022. Investments drive market demand, with investments representing 68.8% of total demand in 2022. Canada has the eighth largest market size for agricultural and forestry machinery across the top 20 developed countries, with demand reaching USD5.9 billion in 2022. CNH Canada Ltd is the largest company in Canada, generating 29.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 41.8% of total production value in 2022. The total number of companies increases in 2022, to 1,222 units. The costs of the industry increase by 23.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 13.0% of production value in 2022, the seventh highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 54.3% of total production output. With production value of USD4.5 billion, Canada accounts for 10.2% of the North America total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Agricultural and Forestry Machinery in Canada: ISIC 2921. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agricultural and Forestry Machinery in Canada: ISIC 2921 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!