Canada: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Canada

The Canadian market for non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022, picking up by 16% against the previous year. In general, consumption, however, recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Canada

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms declined slightly to $X in 2022 estimated in export price. Overall, production saw a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Canada

In 2022, after three years of growth, there was significant decline in overseas shipments of non-plasticised mixed polyvinyl chloride in primary forms, when their volume decreased by -34.5% to X tons. Overall, exports, however, enjoyed notable growth. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms reduced remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 205% against the previous year. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of non-plasticised mixed polyvinyl chloride in primary forms from Canada, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +5.1%.

In value terms, the United States ($X) also remains the key foreign market for non-plasticised mixed polyvinyl chloride in primary forms exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +10.8%.

Export Prices by Country

In 2022, the average export price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, jumping by 16% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-plasticised mixed polyvinyl chloride in primary forms increased by +62.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.4% per year.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Canada

In 2022, after two years of growth, there was significant decline in supplies from abroad of non-plasticised mixed polyvinyl chloride in primary forms, when their volume decreased by -14.5% to X tons. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms shrank to $X in 2022. In general, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest non-plasticised mixed polyvinyl chloride in primary forms supplier to Canada, with a 87% share of total imports. Moreover, imports of non-plasticised mixed polyvinyl chloride in primary forms from the United States exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-3.0% per year) and the Netherlands (+691.8% per year).

In value terms, the United States ($X) constituted the largest supplier of non-plasticised mixed polyvinyl chloride in primary forms to Canada, comprising 87% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 7.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+1.8% per year) and the Netherlands (+781.2% per year).

Import Prices by Country

The average import price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, jumping by 17% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-plasticised mixed polyvinyl chloride in primary forms increased by +60.4% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 30%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Vietnam ($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 Netherlands (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :