Price for Tents of Synthetic Fibres in Canada - 2023
Contents:
- Price for Tents of Synthetic Fibres in Canada (CIF) - 2022
- Price for Tents of Synthetic Fibres in Canada (FOB) - 2022
- Imports of Tents of Synthetic Fibres in Canada
- Exports of Tents of Synthetic Fibres in Canada
Price for Tents of Synthetic Fibres in Canada (CIF) - 2022
The average tents of synthetic fibres import price stood at $10,349 per ton in 2022, falling by -7.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2020 when the average import price increased by 16%. The import price peaked at $11,163 per ton in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($10,349 per ton) and the United States ($10,349 per ton), while the price for South Korea ($10,349 per ton) and Cambodia ($10,349 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Canada (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $13,857 per ton, falling by -16.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $16,546 per ton in 2021, and then contracted notably in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($13,857 per ton) and Trinidad and Tobago ($13,857 per ton), while the average price for exports to Romania ($13,856 per ton) and France ($13,857 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Synthetic Fibres in Canada
Tents of synthetic fibres imports into Canada soared to 9.9K tons in 2022, rising by 27% against 2021 figures. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, tents of synthetic fibres imports surged to $102M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Tents of Synthetic Fibres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.9 | 21.5 | 40.0 | 46.4 | 28.4% |
| Bangladesh | 19.4 | 19.2 | 32.0 | 38.2 | 25.3% |
| Vietnam | 3.1 | 3.1 | 5.6 | 8.6 | 40.5% |
| United States | 3.7 | 3.1 | 4.3 | 4.8 | 9.1% |
| South Korea | N/A | 1.0 | 2.3 | 2.2 | 48.3% |
| Others | 2.9 | 2.2 | 2.8 | 2.2 | -8.8% |
| Total | 50.9 | 50.1 | 87.0 | 102 | 26.1% |
Top Suppliers of Tents of Synthetic Fibres to Canada in 2022:
- China (4.5K tons)
- Bangladesh (3.7K tons)
- Vietnam (0.8K tons)
- United States (0.5K tons)
- South Korea (0.2K tons)
Exports of Tents of Synthetic Fibres in Canada
Tents of synthetic fibres exports from Canada surged to 1K tons in 2022, increasing by 104% against 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tents of synthetic fibres exports skyrocketed to $14M in 2022. Overall, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tents of Synthetic Fibres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.1 | 5.6 | 8.1 | 8.3 | 5.3% |
| Poland | N/A | N/A | N/A | 3.1 | 0% |
| Chile | N/A | N/A | N/A | 1.1 | 0% |
| France | 0.1 | N/A | N/A | 0.8 | 100.0% |
| Trinidad and Tobago | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Romania | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | 1.1 | 0.2 | 0.2 | N/A | -57.4% |
| Cuba | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.1 | 0.4 | 0.1 | 0.3 | 44.2% |
| Total | 9.0 | 6.4 | 8.5 | 14.5 | 17.2% |
Top Export Markets for Tents of Synthetic Fibres from Canada in 2022:
- United States (602.1 tons)
- Poland (223.5 tons)
- Chile (76.9 tons)
- France (54.6 tons)
- Trinidad and Tobago (46.4 tons)
- Romania (19.3 tons)
- United Kingdom (0.1 tons)
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