Canada - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Canada - 2023
Contents:
- Ethylene Polymer Bag Price in Canada (FOB) - 2022
- Ethylene Polymer Bag Price in Canada (CIF) - 2023
- Ethylene Polymer Bag Exports in Canada
- Ethylene Polymer Bag Imports in Canada
Ethylene Polymer Bag Price in Canada (FOB) - 2022
In 2022, the average ethylene polymer bag export price amounted to $4,605 per ton, surging by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2021 when the average export price increased by 38% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.6% per year.
Ethylene Polymer Bag Price in Canada (CIF) - 2023
In June 2023, the average ethylene polymer bag import price amounted to $4,221 per ton, rising by 4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 9% against the previous month. As a result, import price reached the peak level of $4,816 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Korea ($7,622 per ton), while the price for Vietnam ($2,532 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Polymer Bag Exports in Canada
In 2022, shipments abroad of sacks and bags of polymers of ethylene decreased by -1.9% to 152K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports attained the peak of 185K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ethylene polymer bag exports amounted to $699M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Ethylene Polymer Bag in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 556 | 582 | 674 | 683 | 7.1% |
| Others | 12.1 | 12.3 | 12.1 | 15.2 | 7.9% |
| Total | 568 | 594 | 687 | 699 | 7.2% |
Top Export Markets for Ethylene Polymer Bag from Canada in 2022:
- United States (148.4K tons)
Ethylene Polymer Bag Imports in Canada
After three years of growth, purchases abroad of sacks and bags of polymers of ethylene decreased by -6.5% to 142K tons in 2022. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%.
In value terms, ethylene polymer bag imports rose remarkably to $594M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Ethylene Polymer Bag in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 248 | 261 | 305 | 343 | 11.4% |
| China | 124 | 125 | 139 | 145 | 5.4% |
| South Korea | 27.0 | 24.2 | 31.1 | 29.4 | 2.9% |
| Thailand | 16.4 | 14.3 | 14.8 | 17.3 | 1.8% |
| Vietnam | 9.1 | 10.0 | 11.5 | 14.0 | 15.4% |
| Taiwan (Chinese) | 8.2 | 9.8 | 10.3 | 10.0 | 6.8% |
| Others | 22.3 | 20.3 | 25.3 | 35.7 | 17.0% |
| Total | 455 | 465 | 537 | 594 | 9.3% |
Top Suppliers of Ethylene Polymer Bag to Canada in 2022:
- United States (67.0K tons)
- China (48.8K tons)
- Thailand (5.8K tons)
- South Korea (5.6K tons)
- Vietnam (5.1K tons)
- Taiwan (Chinese) (2.6K tons)
This report provides an in-depth analysis of the ethylene polymer bag market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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