Canada: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Canada

In 2022, the Canadian market for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 13% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Canada

In 2022, overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -53.8% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2019 with an increase of 217% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell notably to $X in 2022. In general, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2019 with an increase of 214% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Canada, accounting for a 94% share of total exports. Moreover, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning to the United States exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -4.1%.

In value terms, the United States ($X) remains the key foreign market for polyester tow and staple, not carded, combed or otherwise processed for spinning exports from Canada, comprising 84% of total exports. The second position in the ranking was held by Mexico ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to -4.9%.

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, picking up by 20% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 57%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.0%).

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Canada

In 2022, purchases abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -7.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 12% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning surged to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons), the United States (X tons) and Thailand (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Canada, together accounting for 74% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and Thailand ($X) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Canada, together comprising 76% of total imports. China, Taiwan (Chinese), Germany, India, Indonesia and Vietnam lagged somewhat behind, together accounting for a further 22%.

Vietnam, with a CAGR of +19.0%, 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

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by 26% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :