Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (CIF) - 2024
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (CIF) - 2024
In March 2024, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $12,683 per ton, declining by -5.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 46% month-to-month. Over the period under review, average import prices reached the maximum at $14,737 per ton in April 2023; however, from May 2023 to March 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was China ($12,758 per ton), while the price for the United States amounted to $12,536 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $2,896 per ton, with a decrease of -23.1% against the previous year. Overall, the export price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 112%. Over the period under review, the average export prices reached the maximum at $10,002 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 the United States ($14,325 per ton), while the average price for exports to Algeria ($2,236 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 the United States (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada
After three years of growth, purchases abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -58.5% to 77 tons in 2022. In general, imports showed a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 67%. As a result, imports reached the peak of 186 tons, and then shrank sharply in the following year.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses fell markedly to $943K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of $1.4M, and then dropped significantly in the following year.
Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 574 | 552 | 755 | 731 | 8.4% |
China | 31.8 | 226 | 586 | 132 | 60.7% |
Pakistan | N/A | N/A | 48.2 | 49.8 | 3.3% |
Mexico | 273 | N/A | 0.5 | N/A | -95.7% |
Others | 42.8 | 16.1 | 21.8 | 30.6 | -10.6% |
Total | 921 | 795 | 1,411 | 943 | 0.8% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Canada in 2022:
- United States (37.5 tons)
- China (35.9 tons)
- Pakistan (1.9 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada
Exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Canada rose to 37 tons in 2022, picking up by 2.7% on 2021 figures. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 505% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses fell notably to $107K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 315%.
Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | N/A | N/A | 37.5 | 0% |
United Kingdom | N/A | 3.9 | 11.7 | 32.3 | 187.8% |
United States | 7.7 | 9.1 | 93.4 | 24.3 | 46.7% |
Algeria | N/A | N/A | N/A | 12.0 | 0% |
South Korea | 1.4 | 20.8 | 29.0 | N/A | 355.1% |
Taiwan (Chinese) | N/A | 14.4 | N/A | N/A | 0% |
Others | 3.0 | 1.9 | 1.4 | 0.9 | -33.1% |
Total | 12.1 | 50.1 | 136 | 107 | 106.8% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Canada in 2022:
- Vietnam (16.8 tons)
- United Kingdom (12.7 tons)
- Algeria (5.4 tons)
- United States (1.7 tons)
This report provides an in-depth analysis of the wadding market in Canada.
This report provides an in-depth analysis of the textile wadding market in Canada.
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This report provides an in-depth analysis of the wadding market in Canada.
This report provides an in-depth analysis of the textile wadding market in Canada.
This report provides an in-depth analysis of the textile flock market in Canada.
This report provides an in-depth analysis of the global wadding market.
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