Glass Fibre Voiles Price in Canada - 2021

Contents:

  1. Glass Fibre Voiles Price in Canada (CIF) - 2021
  2. Glass Fibre Voiles Price in Canada (FOB) - 2022
  3. Glass Fibre Voiles Imports in Canada
  4. Glass Fibre Voiles Exports in Canada

Glass Fibre Voiles Price in Canada (CIF) - 2021

The average glass fibre voiles import price stood at $1,286 per ton in December 2021, surging by 13% against the previous month. Over the period under review, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in July 2021 an increase of 19% against the previous month. The import price peaked at $1,862 per ton in December 2020; however, from January 2021 to December 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($2,936 per ton), while the price for the United States ($1,193 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

Glass Fibre Voiles Price in Canada (FOB) - 2022

The average glass fibre voiles export price stood at $5,203 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2013 an increase of 96% against the previous year. The export price peaked at $11,959 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,408 per ton), while the average price for exports to the Philippines ($3,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-3.3%), while the prices for the other major destinations experienced a decline.

Glass Fibre Voiles Imports in Canada

In 2022, glass fibre voiles imports into Canada fell remarkably to 56K tons, with a decrease of -15.8% on the previous year. In general, imports recorded a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of 67K tons, and then declined sharply in the following year.

In value terms, glass fibre voiles imports declined to $62M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $71M, and then shrank in the following year.

Import of Glass Fibre Voiles in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.948.364.555.51.0%
Others5.43.86.96.35.3%
Total59.352.171.461.71.3%

Top Suppliers of Glass Fibre Voiles to Canada in 2022:

  1. United States (54.3K tons)

Glass Fibre Voiles Exports in Canada

In 2022, exports of glass fibre voiles from Canada totaled 31 tons, picking up by 3.3% compared with the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 170%. As a result, the exports attained the peak of 45 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, glass fibre voiles exports rose notably to $162K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 104% against the previous year. As a result, the exports attained the peak of $181K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Glass Fibre Voiles in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States78.517213315124.4%
Australia3.76.36.06.822.5%
Philippines1.12.01.92.226.0%
Others5.71.61.11.2-40.5%
Total89.118114216222.1%

Top Export Markets for Glass Fibre Voiles from Canada in 2022:

  1. United States (28.0 tons)
  2. Australia (2.0 tons)
  3. Philippines (0.7 tons)

Source: IndexBox Market Intelligence Platform

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