Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada - 2024

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $3,670 per ton in 2022, growing by 37% against the previous year. In general, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices hit record highs at $4,276 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($15,046 per ton), while the price for Sri Lanka ($1,294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $4,715 per ton in 2022, shrinking by -25.3% against the previous year. Over the period under review, the export price faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 95%. Over the period under review, the average export prices reached the peak figure at $17,812 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,973 per ton), while the average price for exports to Israel ($2,296 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 Dominican Republic (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada

After three years of growth, supplies from abroad of yarn of other vegetable textile fibres; paper yarns decreased by -33% to 307 tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 458 tons, and then fell remarkably in the following year.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns declined to $1.1M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Canada in 2022:

1. United States (86.0 tons)
2. Sri Lanka (83.2 tons)
3. Dominican Republic (61.4 tons)
4. Italy (55.3 tons)
5. China (10.4 tons)
6. India (4.6 tons)
7. Romania (1.8 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Canada

In 2022, shipments abroad of yarn of other vegetable textile fibres; paper yarns decreased by -48.1% to 1.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, the exports attained the peak of 6.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns fell dramatically to $7.3K in 2022. In general, exports faced a precipitous decrease. The smallest decline of -8% was in 2020.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Canada in 2022:

1. United States (486.0 kg)
2. United Arab Emirates (205.0 kg)
3. Bahamas (139.0 kg)
4. New Zealand (136.0 kg)
5. Israel (135.0 kg)
6. Trinidad and Tobago (88.0 kg)
7. Barbados (73.0 kg)
8. Australia (27.0 kg)

Source: IndexBox Market Intelligence Platform