Price for Fibres; Synthetic Filament Tow, of Polypropylene in Canada - 2023

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Canada (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Canada (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Canada
4. Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Canada

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Canada (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $4,103 per ton, with a decrease of -3.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of 7%. Over the period under review, average import prices attained the peak figure at $5,345 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,103 per ton), while the price for the United States ($4,102 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.6%), while the prices for the other major suppliers experienced a decline.

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Canada (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $9,757 per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue 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 +6.1% per year.

Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Canada

In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into Canada shrank remarkably to 27 tons, waning by -23.5% against the previous year's figure. In general, imports faced a sharp decrease.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank remarkably to $112K in 2022. Overall, imports saw a dramatic setback. The smallest decline of -18.5% was in 2021.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Canada in 2022:

1. South Korea (14.4 tons)
2. United States (8.2 tons)
3. China (4.7 tons)

Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Canada

After two years of decline, shipments abroad of fibres; synthetic filament tow, of polypropylene decreased by 0% to 111 kg in 2022. Overall, exports faced a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of fibres; synthetic filament tow, of polypropylene stood at $1.1K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from Canada in 2022:

1. United States (111.0 kg)

Source: IndexBox Market Intelligence Platform