Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada
  4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $3,052 per ton in 2022, which is down by -5.3% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $4,375 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,138 per ton), while the price for China amounted to $2,105 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (FOB) - 2022

The average export price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $11,516 per ton in 2022, rising by 69% against the previous year. Overall, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 99% against the previous year. Over the period under review, the average export prices attained the maximum at $11,694 per ton in 2018; however, from 2019 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -0.9% per year.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada

In 2022, the amount of fibres; synthetic filament tow, of nylon or other polyamideses imported into Canada contracted significantly to 72 tons, waning by -36.3% compared with the year before. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 264% against the previous year. As a result, imports reached the peak of 113 tons, and then dropped rapidly in the following year.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses reduced notably to $220K in 2022. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 383%. As a result, imports attained the peak of $365K, and then contracted remarkably in the following year.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25432.1310208-6.4%
China3.839.414.412.749.5%
South KoreaN/AN/A12.3N/A0%
France24.8N/A23.5N/A-2.7%
Others0.34.14.6N/A291.6%
Total28375.6365220-8.1%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Canada in 2022:

  1. United States (66.2 tons)
  2. China (6.0 tons)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada

In 2022, shipments abroad of fibres; synthetic filament tow, of nylon or other polyamideses decreased by -47.3% to 4.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a measured increase. The pace of growth was the most pronounced in 2021 when exports increased by 48%. As a result, the exports reached the peak of 8.4 tons, and then shrank rapidly in the following year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses shrank to $51K in 2022. The total export value increased at an average annual rate of +9.3% over the period 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 28% against the previous year. As a result, the exports reached the peak of $57K, and then shrank in the following year.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States34.631.742.550.813.7%
ThailandN/AN/A7.3N/A0%
Saint Pierre and Miquelon2.1N/AN/AN/A0%
FinlandN/A7.27.1N/A-1.4%
Philippines1.9N/AN/AN/A0%
Saudi ArabiaN/A4.1N/AN/A0%
Others0.31.60.1N/A-42.3%
Total38.944.657.050.89.3%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Canada in 2022:

  1. United States (4.4 tons)

Source: IndexBox Market Intelligence Platform

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