Canada: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Canada

The Canadian plastic household articles market shrank to $X in 2022, waning by -5% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +50.4% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Plastic Household Articles Production in Canada

In value terms, plastic household articles production reduced sharply to $X in 2022 estimated in export price. In general, production, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 138% against the previous year. Plastic household articles production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Plastic Household Articles Exports

Exports from Canada

After three years of growth, shipments abroad of household articles and toilet articles of plastics decreased by -9.1% to X tons in 2022. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 16%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic household articles exports reduced to $X in 2022. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +26.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

The United States (X tons) was the main destination for plastic household articles exports from Canada, with a 91% share of total exports. It was followed by France (X tons), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +3.1%.

In value terms, the United States ($X) remains the key foreign market for household articles and toilet articles of plastics exports from Canada, comprising 91% of total exports. The second position in the ranking was held by France ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +4.6%.

Export Prices by Country

The average plastic household articles export price stood at $X per ton in 2022, falling by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 7.8%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

Average prices varied noticeably for the major overseas 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 France stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%).

Plastic Household Articles Imports

Imports into Canada

Plastic household articles imports into Canada declined modestly to X tons in 2022, which is down by -3.2% compared with the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of X tons, and then reduced modestly in the following year.

In value terms, plastic household articles imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

China (X tons), the United States (X tons) and Israel (X tons) were the main suppliers of plastic household articles imports to Canada, with a combined 83% share of total imports. Germany, the Philippines, Italy and Mexico lagged somewhat behind, together comprising a further 7.5%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +44.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Israel ($X) appeared to be the largest plastic household articles suppliers to Canada, with a combined 83% share of total imports. Germany, the Philippines, Italy and Mexico lagged somewhat behind, together accounting for a further 7.5%.

The Philippines, with a CAGR of +46.1%, recorded the highest rates of growth with regard to the value of imports, among 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 plastic household articles import price stood at $X per ton in 2022, rising by 2% 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 2021 when the average import price increased by 6.5% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($X per ton) and Mexico ($X per ton), while the price for Israel ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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