Canada: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in Canada

The Canadian uncoated filter paper market reduced to $X in 2022, declining by -5.7% against the previous year. Over the period under review, consumption showed a noticeable descent. Uncoated filter paper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Uncoated Filter Paper Production in Canada

In value terms, uncoated filter paper production dropped to $X in 2022 estimated in export price. Overall, production showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Uncoated filter paper production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Uncoated Filter Paper Exports

Exports from Canada

After two years of decline, overseas shipments of uncoated filter paper and paperboard increased by 57% to X tons in 2022. In general, exports recorded prominent growth. The growth pace was the most rapid in 2015 with an increase of 110%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, uncoated filter paper exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for uncoated filter paper exports from Canada, accounting for a 66% share of total exports. Moreover, uncoated filter paper exports to Turkey exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was taken by Israel (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.4% per year) and Israel (+3,216.6% per year).

In value terms, the United States ($X) remains the key foreign market for uncoated filter paper and paperboard exports from Canada, comprising 65% of total exports. The second position in the ranking was taken by Turkey ($X), with a 24% share of total exports. It was followed by the United Arab Emirates, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+6.3% per year) and the United Arab Emirates (+56.5% per year).

Export Prices by Country

In 2022, the average uncoated filter paper export price amounted to $X per ton, growing by 28% against the previous year. Overall, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+24.9%), while the prices for the other major destinations experienced mixed trend patterns.

Uncoated Filter Paper Imports

Imports into Canada

In 2022, imports of uncoated filter paper and paperboard into Canada surged to X tons, picking up by 59% compared with the year before. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, uncoated filter paper imports soared to $X in 2022. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of uncoated filter paper to Canada, with a 59% share of total imports. Moreover, uncoated filter paper imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.9% per year) and Mexico (+104.1% per year).

In value terms, the United States ($X), the UK ($X) and Mexico ($X) appeared to be the largest uncoated filter paper suppliers to Canada, together comprising 93% of total imports.

Mexico, with a CAGR of +113.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average uncoated filter paper import price stood at $X per ton in 2022, rising by 42% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncoated filter paper import price increased by +87.9% against 2014 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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