Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (CIF) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (CIF) - 2024
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $4,154 per ton in January 2024, growing by 5.3% against the previous month. Overall, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in March 2023 an increase of 52% m-o-m. As a result, import price reached the peak level of $9,358 per ton. From April 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($11,269 per ton), while the price for the United States ($1,589 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced a decline.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $26,242 per ton, picking up by 10% against the previous year. Over the period under review, the export price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 81%. Over the period under review, the average export prices hit record highs at $56,264 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39,640 per ton), while the average price for exports to Finland ($17,272 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 Switzerland (+0.7%), while the prices for the other major destinations experienced a decline.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada
In 2022, the amount of man-made filament yarn (other than sewing thread), put up for retail sale imported into Canada declined significantly to 676 tons, with a decrease of -24.6% on the previous year. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 897 tons, and then shrank notably in the following year.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale rose remarkably to $3.5M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,697 | 889 | 2,248 | 2,162 | 8.4% |
| Vietnam | N/A | 0.5 | 0.3 | 527 | 3146.5% |
| China | 816 | 670 | 381 | 399 | -21.2% |
| United States | 309 | 270 | 404 | 310 | 0.1% |
| Others | 150 | 63.3 | 83.3 | 64.7 | -24.4% |
| Total | 2,972 | 1,893 | 3,117 | 3,464 | 5.2% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Canada in 2022:
- Turkey (314.6 tons)
- United States (183.8 tons)
- China (94.9 tons)
- Vietnam (74.5 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada
In 2022, shipments abroad of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -35.4% to 7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of 11 tons, and then declined significantly in the following year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale fell dramatically to $184K in 2022. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 120 | 136 | 176 | 111 | -2.6% |
| United Kingdom | 23.6 | 27.4 | 28.8 | 19.8 | -5.7% |
| Armenia | N/A | N/A | N/A | 12.7 | 0% |
| Kyrgyzstan | N/A | N/A | N/A | 10.8 | 0% |
| Russia | 25.1 | 33.7 | 19.3 | 8.7 | -29.8% |
| Poland | 11.1 | 7.0 | 7.2 | 7.2 | -13.4% |
| Switzerland | N/A | 0.6 | N/A | 4.3 | 167.7% |
| Finland | 2.4 | 5.4 | 3.8 | 2.7 | 4.0% |
| Belgium | 4.1 | 6.3 | 6.5 | N/A | 25.9% |
| Others | 10.7 | 10.4 | 15.9 | 6.4 | -15.7% |
| Total | 197 | 227 | 258 | 184 | -2.2% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Canada in 2022:
- United States (2808.0 kg)
- United Kingdom (1144.0 kg)
- Armenia (736.0 kg)
- Kyrgyzstan (626.0 kg)
- Russia (502.0 kg)
- Poland (417.0 kg)
- Switzerland (249.0 kg)
- Finland (158.0 kg)
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