Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada - 2023

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (CIF) - 2023
  2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (FOB) - 2022
  3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada
  4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (CIF) - 2023

In October 2023, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $6,986 per ton, falling by -2.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 14% month-to-month. The import price peaked at $9,452 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,548 per ton), while the price for China ($4,747 per ton) was amongst the lowest.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $3,314 per ton in 2022, shrinking by -32% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 9.9% against the previous year. The export price peaked at $6,547 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 -6.8% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses imported into Canada fell to 3.5K tons, reducing by -6.9% against the year before. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of 3.8K tons, and then declined in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses skyrocketed to $29M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +68.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.312.212.915.85.9%
Vietnam4.54.18.76.613.6%
China0.20.71.26.2214.1%
Others0.20.20.20.314.5%
Total18.217.222.929.016.8%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Canada in 2022:

  1. United States (1737.2 tons)
  2. Vietnam (1062.4 tons)
  3. China (720.3 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada

In 2022, approx. 49 tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were exported from Canada; which is down by -70.2% compared with the year before. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 662%. As a result, the exports attained the peak of 165 tons, and then dropped remarkably in the following year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses dropped sharply to $163K in 2022. Overall, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 587% against the previous year. As a result, the exports attained the peak of $805K, and then declined sharply in the following year.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States395114801157-26.5%
China63.9N/A1.8N/A-83.2%
Others11.33.01.66.6-16.4%
Total470117805163-29.7%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Canada in 2022:

  1. United States (48.4 tons)

Source: IndexBox Market Intelligence Platform

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