Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada - 2024
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (CIF) - 2022
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $11 per square meter in 2022, rising by 6.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 108% against the previous year. The import price peaked at $36 per square meter in 2016; however, from 2017 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 UK ($25 per square meter), while the price for India ($4.8 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $14 per square meter, which is down by -24.8% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. The export price peaked at $21 per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15 per square meter), while the average price for exports to Peru ($5.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%), while the prices for the other major destinations experienced a decline.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada
In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into Canada skyrocketed to 772K square meters, with an increase of 25% compared with the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair surged to $8.7M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.8 | 2.4 | 2.6 | 4.7 | 18.8% |
| Mexico | 0.7 | 0.7 | 1.2 | 1.0 | 12.6% |
| United States | 1.3 | 0.8 | 0.7 | 0.9 | -11.5% |
| China | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| United Kingdom | 0.6 | 0.6 | 0.4 | 0.5 | -5.9% |
| India | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| Others | 0.7 | 0.4 | 0.6 | 0.6 | -5.0% |
| Total | 6.9 | 5.5 | 6.5 | 8.7 | 8.0% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Canada in 2022:
- Italy (390.6K square meters)
- Mexico (111.6K square meters)
- China (102.6K square meters)
- India (58.9K square meters)
- United States (46.6K square meters)
- United Kingdom (21.0K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada
For the third year in a row, Canada recorded decline in shipments abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -2.4% to 29K square meters in 2022. In general, exports recorded a dramatic decline. The exports peaked at 58K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair declined markedly to $416K in 2022. Overall, exports showed a precipitous slump. The smallest decline of -16.9% was in 2020. The exports peaked at $902K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 797 | 659 | 483 | 393 | -21.0% |
| Peru | 16.2 | 2.0 | N/A | 6.7 | -25.5% |
| Italy | 0.9 | 30.3 | 5.2 | 5.9 | 87.2% |
| Austria | N/A | N/A | N/A | 5.0 | 0% |
| Lebanon | 24.1 | N/A | N/A | 1.7 | -58.7% |
| China | 2.2 | 3.0 | 25.5 | N/A | 240.5% |
| Malaysia | 24.2 | 35.5 | N/A | N/A | 46.7% |
| Australia | 0.1 | N/A | 19.5 | N/A | 1296.4% |
| Others | 37.0 | 19.5 | 33.6 | 3.4 | -54.9% |
| Total | 902 | 749 | 566 | 416 | -22.7% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Canada in 2022:
- United States (25.5K square meters)
- Peru (1.2K square meters)
- Italy (0.7K square meters)
- Austria (0.7K square meters)
- Lebanon (0.3K square meters)
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