Price for Fibres; Synthetic Filament Tow, of Polyesters in Canada - 2023

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Polyesters in Canada (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $3,640 per ton in 2022, shrinking by -3.7% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2017 when the average import price increased by 11%. The import price peaked at $4,739 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($3,650 per ton) and Germany ($3,648 per ton), while the price for China ($3,498 per ton) and Italy ($3,637 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Canada (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $16,753 per ton in 2022, reducing by -7% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 702% against the previous year. Over the period under review, the average export prices reached the peak figure at $86,069 per ton in 2015; however, from 2016 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 the UK amounted to -0.9% per year.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Canada

For the fourth year in a row, Canada recorded growth in supplies from abroad of fibres; synthetic filament tow, of polyesterses, which increased by 72% to 27 tons in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 356%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fibres; synthetic filament tow, of polyesterses surged to $97K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 351%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Canada in 2022:

1. United States (21.5 tons)
2. Italy (2.1 tons)
3. China (1.5 tons)
4. South Korea (0.9 tons)
5. Germany (0.6 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Canada

Exports of fibres; synthetic filament tow, of polyesterses from Canada fell rapidly to 93 kg in 2022, with a decrease of -57.7% against the year before. Overall, exports faced a significant curtailment.

In value terms, exports of fibres; synthetic filament tow, of polyesterses declined rapidly to $1.6K in 2022. In general, exports continue to indicate a significant curtailment.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Canada in 2022:

1. United States (93.0 kg)

Source: IndexBox Market Intelligence Platform