Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada - 2024
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (CIF) - 2024
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (CIF) - 2024
In January 2024, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,068 per ton, growing by 38% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,191 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Spain ($1,126 per ton), while the price for the United States amounted to $1,035 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+3.9%).
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (FOB) - 2022
In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $834 per ton, falling by -24% against the previous year. Overall, the export price, however, saw slight growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 75%. As a result, the export price reached the peak level of $1,214 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,268 per ton), while the average price for exports to the United States ($743 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 India (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada
In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses imported into Canada expanded markedly to 5.5K tons, with an increase of 12% compared with the year before. In general, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $5.7M in 2022. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 1.9 | 3.7 | 4.7 | 14.9% |
| Spain | 0.7 | 0.5 | 0.6 | 1.0 | 12.6% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 3.9 | 2.4 | 4.4 | 5.7 | 13.5% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Canada in 2022:
- United States (4.5K tons)
- Spain (0.9K tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada
Exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Canada fell rapidly to 1.5K tons in 2022, waning by -23.1% compared with 2021. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses fell remarkably to $1.3M in 2022. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 220% against the previous year. As a result, the exports reached the peak of $2.2M, and then plummeted in the following year.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,347 | 624 | 1,504 | 878 | -13.3% |
| Germany | 88.5 | N/A | 645 | 310 | 51.9% |
| Mexico | N/A | N/A | N/A | 38.5 | 0% |
| Belgium | 3.3 | N/A | N/A | 35.6 | 121.0% |
| South Korea | 100 | N/A | N/A | N/A | 0% |
| Italy | 38.7 | 52.1 | 12.7 | N/A | -42.7% |
| Others | 23.7 | N/A | N/A | N/A | 0% |
| Total | 1,601 | 676 | 2,162 | 1,262 | -7.6% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Canada in 2022:
- United States (1181.1 tons)
- Germany (244.7 tons)
- Belgium (44.6 tons)
- Mexico (43.6 tons)
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