Canada - Plastics Pipes And Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastics Pipe and Pipe Fitting in Canada - 2023
Contents:
- Price for Plastics Pipe and Pipe Fitting in Canada (CIF) - 2023
- Price for Plastics Pipe and Pipe Fitting in Canada (FOB) - 2023
- Imports of Plastics Pipe and Pipe Fitting in Canada
- Exports of Plastics Pipe and Pipe Fitting in Canada
Price for Plastics Pipe and Pipe Fitting in Canada (CIF) - 2023
The average import price for plastics pipes and pipe fittings stood at $7,397 per ton in September 2023, dropping by -5% against the previous month. Over the period under review, the import price, however, showed a modest increase. The growth pace was the most rapid in July 2023 when the average import price increased by 17% against the previous month. The import price peaked at $7,789 per ton in August 2023, and then dropped in the following month.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were the United States ($7,256 per ton) and China ($6,255 per ton), while the price for India ($5,130 per ton) and Mexico ($6,074 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Plastics Pipe and Pipe Fitting in Canada (FOB) - 2023
The average export price for plastics pipes and pipe fittings stood at $6,299 per ton in September 2023, rising by 4.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 14% against the previous month. As a result, the export price reached the peak level of $7,643 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -0.5% per month.
Imports of Plastics Pipe and Pipe Fitting in Canada
In 2022, plastics pipe and pipe fitting imports into Canada rose markedly to 97K tons, with an increase of 13% on 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastics pipe and pipe fitting imports skyrocketed to $617M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Plastics Pipe and Pipe Fitting in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 294 | 391 | 481 | 15.6% |
| China | 23.7 | 25.5 | 38.0 | 46.6 | 25.3% |
| India | 1.5 | 0.8 | 3.3 | 12.6 | 103.3% |
| Others | 59.4 | 57.1 | 59.9 | 76.7 | 8.9% |
| Total | 395 | 378 | 492 | 617 | 16.0% |
Top Suppliers of Plastics Pipe and Pipe Fitting to Canada in 2022:
- United States (74.8K tons)
- China (7.6K tons)
- India (3.9K tons)
Exports of Plastics Pipe and Pipe Fitting in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of plastics pipes and pipe fittings, when their volume decreased by -8.6% to 70K tons. The total export volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year.
In value terms, plastics pipe and pipe fitting exports soared to $456M in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Plastics Pipe and Pipe Fitting in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 220 | 257 | 359 | 445 | 26.5% |
| Others | 8.9 | 9.6 | 9.9 | 11.0 | 7.3% |
| Total | 229 | 267 | 369 | 456 | 25.8% |
Top Export Markets for Plastics Pipe and Pipe Fitting from Canada in 2022:
- United States (68.0K tons)
This report provides an in-depth analysis of the market for plastics pipe and pipe fitting 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
- Prodcom 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
- Prodcom 22212157 - Rigid tubes, pipes and hoses of polymers of vinyl chloride
- Prodcom 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)
- Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses
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
-
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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