Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Canada - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (CIF) - 2023
In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $5,675 per ton, jumping by 28% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 81% m-o-m. The import price peaked at $7,631 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($16,747 per ton), while the price for India ($4,371 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 China (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (FOB) - 2023
In October 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $5,346 per ton, shrinking by -65.6% against the previous month. Over the period under review, the export price recorded a perceptible decrease. The growth pace was the most rapid in September 2023 an increase of 63% m-o-m. As a result, the export price attained the peak level of $15,546 per ton, and then declined significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($9,146 per ton), while the average price for exports to the UK ($2,121 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada
For the fourth consecutive year, Canada recorded growth in supplies from abroad of wadding; other articles thereof, of man-made fibreses, which increased by 393% to 11K tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses surged to $62M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.1 | 1.3 | 1.9 | 55.2 | 268.8% |
| United States | 4.3 | 4.9 | 4.2 | 4.7 | 3.0% |
| China | 0.2 | 0.4 | 0.3 | 0.2 | 0.0% |
| Others | 1.1 | 1.6 | 1.5 | 1.7 | 15.6% |
| Total | 6.8 | 8.2 | 7.9 | 61.8 | 108.7% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Canada in 2022:
- Mexico (9.5K tons)
- United States (1.1K tons)
- China (0.1K tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada
Exports of wadding; other articles thereof, of man-made fibreses from Canada rose modestly to 412 tons in 2022, with an increase of 3.5% on the previous year's figure. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 129%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $4.2M in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 183%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,399 | 1,017 | 3,455 | 3,646 | 37.6% |
| India | 15.7 | 27.1 | N/A | 280 | 161.3% |
| Nicaragua | 115 | 31.8 | 30.3 | 95.7 | -5.9% |
| Vietnam | 15.6 | 8.0 | 8.3 | 64.2 | 60.3% |
| Costa Rica | 72.3 | 96.8 | 30.6 | 46.2 | -13.9% |
| United Kingdom | 13.9 | 20.9 | 11.5 | 16.0 | 4.8% |
| Others | 80.1 | 54.0 | 14.0 | 15.0 | -42.8% |
| Total | 1,711 | 1,255 | 3,549 | 4,164 | 34.5% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Canada in 2022:
- United States (335.7 tons)
- India (35.4 tons)
- Nicaragua (11.2 tons)
- Costa Rica (10.6 tons)
- Vietnam (10.1 tons)
- United Kingdom (6.5 tons)
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