Canada: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in Canada

In 2021, the Canadian semi-chemical fluting market increased by 22% to $X for the first time since 2013, thus ending a seven-year declining trend. In general, consumption, however, showed a noticeable decrease. Semi-chemical fluting consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Semi-Chemical Fluting Production in Canada

In value terms, semi-chemical fluting production surged to $X in 2021 estimated in export price. In general, production, however, saw a perceptible downturn. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Semi-Chemical Fluting Exports

Exports from Canada

Semi-chemical fluting exports from Canada plummeted to X tons in 2021, falling by -17.1% against 2020. Overall, exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 21%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, semi-chemical fluting exports rose remarkably to $X in 2021. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 30%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for semi-chemical fluting exports from Canada, accounting for a 79% share of total exports. Moreover, semi-chemical fluting exports to the United States exceeded the volume sent to the second major destination, Ecuador (X tons), more than tenfold. The Dominican Republic (X tons) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+2.4% per year) and the Dominican Republic (-15.7% per year).

In value terms, the United States ($X) remains the key foreign market for semi-chemical fluting exports from Canada, comprising 82% of total exports. The second position in the ranking was held by Ecuador ($X), with a 3.6% share of total exports. It was followed by Trinidad and Tobago, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+4.0% per year) and Trinidad and Tobago (+4.8% per year).

Export Prices by Country

In 2021, the average semi-chemical fluting export price amounted to $X per ton, picking up by 32% against the previous year. Over the last nine years, it increased at an average annual rate of +5.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports into Canada

In 2021, purchases abroad of semi-chemical fluting decreased by -22.3% to X tons, falling for the third consecutive year after two years of growth. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 30%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, semi-chemical fluting imports reduced slightly to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -35.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 50% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main semi-chemical fluting supplier to Canada, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +2.0%.

In value terms, the United States ($X) constituted the largest supplier of semi-chemical fluting to Canada.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +5.7%.

Import Prices by Country

The average semi-chemical fluting import price stood at $X per ton in 2021, picking up by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.6% per year.

Source: IndexBox Platform

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