Price for Woven Fabrics of Artificial Staple Fibres in Canada - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Canada (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Canada (FOB) - 2023
- Imports of Woven Fabrics of Artificial Staple Fibres in Canada
- Exports of Woven Fabrics of Artificial Staple Fibres in Canada
Price for Woven Fabrics of Artificial Staple Fibres in Canada (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $2.8 per square meter in October 2023, jumping by 29% against the previous month. Overall, import price indicated perceptible growth from October 2022 to October 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for woven fabrics of artificial staple fibres increased by +74.7% against July 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 76% against the previous month. As a result, import price reached the peak level of $3.0 per square meter. From April 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9.0 per square meter), while the price for Taiwan (Chinese) ($1.4 per square meter) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Canada (FOB) - 2023
In October 2023, the average export price for woven fabrics of artificial staple fibres amounted to $5.6 per square meter, with an increase of 252% against the previous month. Over the period under review, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6.4 per square meter), while the average price for exports to Vietnam ($2.2 per square meter) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Canada
In 2022, the amount of woven fabrics of artificial staple fibres imported into Canada was estimated at 942K square meters, surging by 12% compared with the previous year. In general, imports, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports of hit record highs at 988K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of artificial staple fibres expanded markedly to $11M in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Woven Fabrics of Artificial Staple Fibres in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.8 | 4.1 | 5.4 | 5.5 | -6.8% |
United States | 2.2 | 1.2 | 1.3 | 1.4 | -14.0% |
Italy | 1.0 | 0.7 | 1.1 | 1.2 | 6.3% |
Spain | 0.4 | 0.6 | 0.9 | 1.0 | 35.7% |
India | 0.7 | 0.5 | 1.0 | 0.9 | 8.7% |
Turkey | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Taiwan (Chinese) | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
Others | 0.7 | 0.4 | 0.4 | 0.6 | -5.0% |
Total | 12.3 | 7.9 | 10.6 | 11.2 | -3.1% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Canada in 2022:
- China (601.0K square meters)
- United States (93.7K square meters)
- Italy (56.6K square meters)
- India (52.7K square meters)
- Spain (51.2K square meters)
- Taiwan (Chinese) (21.5K square meters)
- Turkey (21.1K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Canada
In 2022, approx. 214K square meters of woven fabrics of artificial staple fibres were exported from Canada; growing by 57% compared with 2021. In general, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of woven fabrics of artificial staple fibres surged to $2.9M in 2022. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Woven Fabrics of Artificial Staple Fibres in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,388 | 1,083 | 1,484 | 2,203 | 16.6% |
Bangladesh | N/A | N/A | N/A | 120 | 0% |
Peru | 24.7 | 5.6 | 15.6 | 95.2 | 56.8% |
El Salvador | 39.0 | 33.2 | 106 | 87.7 | 31.0% |
Ecuador | 31.0 | 16.6 | 17.7 | 72.7 | 32.9% |
Barbados | 46.0 | 55.2 | 30.2 | 47.8 | 1.3% |
Colombia | 47.8 | 1.7 | 13.7 | 42.0 | -4.2% |
Belgium | 109 | 112 | 161 | 41.4 | -27.6% |
Mexico | 52.5 | 11.1 | 66.5 | 41.1 | -7.8% |
Chile | 36.7 | 30.8 | 29.4 | 34.4 | -2.1% |
Others | 112 | 91.7 | 189 | 159 | 12.4% |
Total | 1,887 | 1,441 | 2,113 | 2,945 | 16.0% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Canada in 2022:
- United States (139.3K square meters)
- Bangladesh (25.6K square meters)
- Mexico (7.2K square meters)
- Peru (6.8K square meters)
- El Salvador (5.7K square meters)
- Ecuador (5.2K square meters)
- Chile (3.1K square meters)
- Barbados (3.1K square meters)
- Colombia (3.0K square meters)
- Belgium (2.6K square meters)
This report provides an in-depth analysis of the man-made filament fabric market in Canada.
This report provides an in-depth analysis of the global man-made filament fabric market.
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