Canada: Paper Articles Market 2024

Paper Articles Market Size in Canada

The Canadian paper articles market rose slightly to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a perceptible expansion. Paper articles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper Articles Production in Canada

In value terms, paper articles production rose to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Paper articles production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper Articles Exports

Exports from Canada

Paper articles exports from Canada dropped to X tons in 2022, waning by X% compared with the previous year. Overall, exports, however, showed notable growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, paper articles exports reduced to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Hong Kong SAR (X tons) was the main destination for paper articles exports from Canada, with a X% share of total exports. Moreover, paper articles exports to Hong Kong SAR exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for boxes, pouches, wallets and writing compendiums of paper exports from Canada, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average paper articles export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Articles Imports

Imports into Canada

In 2022, overseas purchases of boxes, pouches, wallets and writing compendiums of paper decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, paper articles imports shrank modestly to $X in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of paper articles to Canada, with a X% share of total imports. Moreover, paper articles imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, China ($X), the United States ($X) and Italy ($X) appeared to be the largest paper articles suppliers to Canada, with a combined X% share of total imports. The UK, South Korea, Hong Kong SAR, Brazil and Mexico lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Brazil, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paper articles import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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