Canada - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada Sees Minor Drop in Woolen Fabric Imports, Totaling $52 Million in 2023
Canada Woolen Fabric Imports
In 2023, after two years of growth, there was significant decline in purchases abroad of woven woolen fabrics, when their volume decreased by -12.9% to 1M square meters. Over the period under review, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2022 with an increase of 79%. Over the period under review, imports attained the maximum at 1.4M square meters in 2014; however, from 2015 to 2023, imports remained at a lower figure.
In value terms, woolen fabric imports shrank slightly to $52M (IndexBox estimates) in 2023. Overall, imports recorded a slight descent. The pace of growth was the most pronounced in 2022 with an increase of 78%. Over the period under review, imports reached the peak figure at $65M in 2014; however, from 2015 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Woolen Fabric in Canada (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Italy | 27.6 | 36.1 | 32.4 | 30.8 | 30.9 | 36.3 | 32.7 | 17.8 | 15.2 | 30.8 | 29.5 |
| China | 16.5 | 15.2 | 12.5 | 14.4 | 10.1 | 12.6 | 10.5 | 4.4 | 5.5 | 11.7 | 9.8 |
| Mexico | 5.0 | 4.3 | 4.6 | 4.7 | 4.5 | 4.3 | 5.5 | 3.4 | 4.1 | 4.7 | 5.1 |
| United States | 1.2 | 1.6 | 1.7 | 2.3 | 4.1 | 2.4 | 2.1 | 2.5 | 1.2 | 1.4 | 1.9 |
| United Kingdom | 2.2 | 2.4 | 2.5 | 1.6 | 1.4 | 1.6 | 1.8 | 1.1 | 1.1 | 1.5 | 1.5 |
| Chile | 0.6 | 0.7 | 0.9 | 0.7 | 0.8 | 0.8 | 0.8 | 0.9 | 0.3 | 0.6 | 0.9 |
| Ireland | 1.1 | 1.2 | 1.2 | 1.3 | 0.8 | 1.4 | 1.3 | 0.7 | 0.1 | 0.2 | 0.4 |
| Others | 4.4 | 3.8 | 3.9 | 3.1 | 3.1 | 2.9 | 4.5 | 1.5 | 2.3 | 2.5 | 2.7 |
| Total | 58.8 | 65.3 | 59.9 | 58.9 | 55.6 | 62.3 | 59.1 | 32.3 | 30.0 | 53.4 | 51.8 |
Imports by Country
Italy (457K square meters), China (296K square meters) and Mexico (136K square meters) were the main suppliers of woolen fabric imports to Canada, with a combined 86% share of total imports. the United States, the UK, Ireland and Chile lagged somewhat behind, together comprising a further 6.8%.
From 2013 to 2023, the biggest increases were recorded for Chile (with a CAGR of +1.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($29M) constituted the largest supplier of woven woolen fabrics to Canada, comprising 57% of total imports. The second position in the ranking was taken by China ($9.8M), with a 19% share of total imports. It was followed by Mexico, with a 9.8% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.1% per year) and Mexico (+0.1% per year).
Imports by Type
In 2023, woven fabrics of combed wool or of combed fine animal hair (831K square meters) constituted the largest type of woven woolen fabrics supplied to Canada, accounting for a 80% share of total imports. Moreover, woven fabrics of combed wool or of combed fine animal hair exceeded the figures recorded for the second-largest type, woven fabrics of carded wool or of carded fine animal hair (206K square meters), fourfold.
From 2013 to 2023, the average annual growth rate of the volume of woven fabrics of combed wool or of combed fine animal hair imports totaled -2.3%.
In value terms, woven fabrics of combed wool or of combed fine animal hair ($45M) constituted the largest type of woven woolen fabrics supplied to Canada, comprising 87% of total imports. The second position in the ranking was held by woven fabrics of carded wool or of carded fine animal hair ($6.9M), with a 13% share of total imports.
Import Prices by Country
In 2023, the woolen fabric price stood at $50 per square meter (CIF, Canada), with an increase of 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $51 per square meter in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($67 per square meter), while the price for India ($15 per square meter) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the woolen fabric market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
