Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada (CIF) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada (CIF) - 2024

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,431 per ton in March 2024, which is down by -2.1% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 17% against the previous month. As a result, import price reached the peak level of $4,960 per ton. From August 2023 to March 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($5,380 per ton), while the price for Vietnam ($3,532 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by South Korea (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,327 per ton in 2022, which is down by -11.6% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 1,524% against the previous year. As a result, the export price attained the peak level of $39,894 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($7,788 per ton), while the average price for exports to the United States ($3,737 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (-2.6%).

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Canada rose rapidly to 11K tons, growing by 11% on the year before. The total import volume increased at an average annual rate of +2.9% 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 37%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $53M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Canada in 2022:

1. Vietnam (5.0K tons)
2. United States (4.0K tons)
3. South Korea (1.3K tons)
4. China (0.8K tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Canada

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters exported from Canada amounted to 93 tons, remaining constant against the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 69%. As a result, the exports attained the peak of 101 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters declined to $416K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 122%.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Canada in 2022:

1. United States (75.5 tons)
2. India (5.8 tons)
3. Bangladesh (5.5 tons)
4. Vietnam (4.7 tons)

Source: IndexBox Market Intelligence Platform