Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada - 2024

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (CIF) - 2024
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (CIF) - 2024

In May 2024, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $8.1 per square meter, reducing by -19.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2024 when the average import price increased by 38% against the previous month. As a result, import price reached the peak level of $10.2 per square meter, and then shrank significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24.4 per square meter), while the price for China ($5.0 per square meter) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (FOB) - 2022

In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $2.4 per square meter, with an increase of 6.5% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 54%. The export price peaked at $3.4 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($3.8 per square meter), while the average price for exports to Mexico ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada

For the fourth consecutive year, Canada recorded growth in overseas purchases of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, which increased by 14% to 10M square meters in 2022. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $12M 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 in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.33.33.84.28.4%
South Korea1.21.22.12.527.7%
Turkey1.31.31.61.79.4%
United States1.41.01.01.40.0%
India1.30.60.71.2-2.6%
Indonesia0.30.50.50.838.7%
Others0.60.40.30.60.0%
Total9.48.410.112.49.7%

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Canada in 2022:

  1. China (5.0M square meters)
  2. South Korea (1.6M square meters)
  3. Turkey (1.2M square meters)
  4. United States (0.7M square meters)
  5. Indonesia (0.6M square meters)
  6. India (0.6M square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada

In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses exported from Canada reached 438K square meters, increasing by 2% on 2021. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +47.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses expanded sharply to $1M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States51341978576114.0%
Paraguay22.532.06.464.842.3%
Mexico8.450.643.353.385.1%
Belgium62.324.644.552.1-5.8%
IsraelN/AN/AN/A30.60%
Bolivia20.5N/AN/A19.6-1.5%
China21.30.222.37.8-28.5%
Others88.339.160.355.4-14.4%
Total7365669621,04512.4%

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Canada in 2022:

  1. United States (321.1K square meters)
  2. Mexico (34.5K square meters)
  3. Belgium (20.4K square meters)
  4. Paraguay (18.6K square meters)
  5. Israel (12.9K square meters)
  6. Bolivia (7.6K square meters)
  7. China (3.2K square meters)

Source: IndexBox Market Intelligence Platform

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