Canada - Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ethylene Polymer Rigid Pipes in Canada - 2023
Contents:
- Price for Ethylene Polymer Rigid Pipes in Canada (CIF) - 2022
- Price for Ethylene Polymer Rigid Pipes in Canada (FOB) - 2023
- Imports of Ethylene Polymer Rigid Pipes in Canada
- Exports of Ethylene Polymer Rigid Pipes in Canada
Price for Ethylene Polymer Rigid Pipes in Canada (CIF) - 2022
In 2022, the average ethylene polymer rigid pipes import price amounted to $4,163 per ton, dropping by -6.4% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene polymer rigid pipes import price increased by +22.5% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34%. As a result, import price reached the peak level of $4,446 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($5,448 per ton), while the price for Ecuador ($2,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ethylene Polymer Rigid Pipes in Canada (FOB) - 2023
The average ethylene polymer rigid pipes export price stood at $3,666 per ton in June 2023, declining by -5.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 25% against the previous month. The export price peaked at $4,676 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for Suriname amounted to +6.7% per month.
Imports of Ethylene Polymer Rigid Pipes in Canada
After two years of decline, overseas purchases of rigid tubes, pipes and hoses of polymers of ethylene increased by 45% to 31K tons in 2022. The total import volume increased at an average annual rate of +3.9% over the period 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, ethylene polymer rigid pipes imports skyrocketed to $129M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +62.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ethylene Polymer Rigid Pipes in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 73.2 | 65.9 | 78.3 | 91.0 | 7.5% |
India | 0.6 | 0.1 | 2.3 | 10.9 | 162.9% |
South Korea | 0.1 | 0.1 | 0.7 | 5.3 | 275.6% |
Oman | N/A | N/A | N/A | 3.1 | 0% |
China | 2.1 | 2.2 | 3.6 | 3.1 | 13.9% |
Honduras | N/A | N/A | 0.5 | 1.5 | 200.0% |
Ecuador | N/A | N/A | N/A | 1.1 | 0% |
Others | 10.9 | 11.2 | 9.9 | 13.3 | 6.9% |
Total | 87.0 | 79.6 | 95.2 | 129 | 14.0% |
Top Suppliers of Ethylene Polymer Rigid Pipes to Canada in 2022:
- United States (21.3K tons)
- India (3.7K tons)
- Oman (1.3K tons)
- South Korea (1.0K tons)
- China (0.7K tons)
- Honduras (0.6K tons)
- Ecuador (0.5K tons)
Exports of Ethylene Polymer Rigid Pipes in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene, when their volume decreased by -7.2% to 21K tons. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 29%.
In value terms, ethylene polymer rigid pipes exports expanded notably to $83M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Ethylene Polymer Rigid Pipes in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 46.1 | 44.5 | 73.0 | 81.2 | 20.8% |
Others | 1.2 | 1.0 | 2.4 | 2.1 | 20.5% |
Total | 47.3 | 45.6 | 75.3 | 83.2 | 20.7% |
Top Export Markets for Ethylene Polymer Rigid Pipes from Canada in 2022:
- United States (20.8K tons)
This report provides an in-depth analysis of the market for ethylene polymer rigid pipes 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
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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