Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada - 2024

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada (CIF) - 2024
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada (CIF) - 2024

In January 2024, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $4,487 per ton, falling by -53.2% against the previous month. In general, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 131% against the previous month. As a result, import price attained the peak level of $9,590 per ton, and then declined dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14,485 per ton), while the price for China ($2,333 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $5,109 per ton, dropping by -14.5% against the previous year. Overall, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. The export price peaked at $6,757 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,222 per ton), while the average price for exports to Panama totaled $2,245 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.5%).

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning imported into Canada amounted to 2.3K tons, increasing by 1.9% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced to $5.2M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, imports attained the peak of $5.5M, and then shrank in the following year.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Canada in 2022:

1. United States (907.8 tons)
2. Austria (835.3 tons)
3. Japan (329.3 tons)
4. Germany (98.9 tons)
5. China (74.5 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Canada

In 2022, shipments abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning was finally on the rise to reach 102 tons after two years of decline. Overall, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $523K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Canada in 2022:

1. United States (98.6 tons)
2. Panama (1.8 tons)

Source: IndexBox Market Intelligence Platform