Canada: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Canada

The Canadian market for cellular plates, sheets and films of polyymers of styrene was estimated at $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Canada

In value terms, production of cellular plates, sheets and films of polyymers of styrene totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 21%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Canada

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported from Canada expanded remarkably to X tons, increasing by 8.4% on 2021. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 44% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene expanded significantly to $X in 2022. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Canada, with a 94% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to the United States exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +16.7%.

In value terms, the United States ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Canada, comprising 87% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +6.3%.

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, picking up by 5.9% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Canada

Imports of cellular plates, sheets and films of polyymers of styrene into Canada reached X tons in 2022, increasing by 4% against the previous year. Overall, imports, however, continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of 67% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene rose sharply to $X in 2022. In general, imports, however, saw a mild slump. The most prominent rate of growth was recorded in 2014 when imports increased by 22%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of polystyrene cellular plates, sheets and films to Canada, accounting for a 87% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -2.6%.

In value terms, the United States ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Canada, comprising 92% of total imports. The second position in the ranking was taken by China ($X), with a 5.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -1.9%.

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, growing by 9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2022.

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 China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Source: IndexBox Platform

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