Price for Braids; in the Piece in Canada - 2023
Contents:
- Price for Braids; in the Piece in Canada (CIF) - 2022
- Price for Braids; in the Piece in Canada (FOB) - 2022
- Imports of Braids; in the Piece in Canada
- Exports of Braids; in the Piece in Canada
Price for Braids; in the Piece in Canada (CIF) - 2022
The average braids; in the piece import price stood at $10,047 per ton in 2022, with a decrease of -5.5% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price increased by +110.7% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 69%. The import price peaked at $10,635 per ton in 2021, and then dropped in the following year.
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 Taiwan (Chinese) ($20,079 per ton), while the price for China ($7,808 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Braids; in the Piece in Canada (FOB) - 2022
The average braids; in the piece export price stood at $29,601 per ton in 2022, growing by 12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the maximum at $30,097 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 the United States ($38,602 per ton), while the average price for exports to Thailand ($15,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Braids; in the Piece in Canada
In 2022, the amount of braids; in the pieces imported into Canada soared to 182 tons, increasing by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 204 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, braids; in the piece imports amounted to $1.8M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Braids; in the Piece in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 451 | 324 | 601 | 1,074 | 33.5% |
| China | 466 | 1,117 | 653 | 354 | -8.8% |
| Thailand | 61.0 | 187 | 34.7 | 69.1 | 4.2% |
| Taiwan (Chinese) | 66.4 | 52.1 | 62.5 | 57.9 | -4.5% |
| Dominican Republic | 98.4 | 84.0 | 74.7 | 29.6 | -33.0% |
| Others | 269 | 160 | 224 | 243 | -3.3% |
| Total | 1,412 | 1,924 | 1,650 | 1,828 | 9.0% |
Top Suppliers of Braids; in the Piece to Canada in 2022:
- United States (114.9 tons)
- China (45.3 tons)
- Thailand (8.1 tons)
- Taiwan (Chinese) (2.9 tons)
- Dominican Republic (1.8 tons)
Exports of Braids; in the Piece in Canada
For the third year in a row, Canada recorded decline in overseas shipments of braids; in the pieces, which decreased by -3.9% to 1.8 tons in 2022. In general, exports showed a dramatic downturn.
In value terms, braids; in the piece exports reached $53K in 2022. Overall, exports recorded a sharp descent.
| Export of Braids; in the Piece in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.4 | 10.2 | 28.7 | 36.1 | -1.2% |
| Philippines | 12.0 | 1.6 | 6.0 | 7.5 | -14.5% |
| Thailand | 13.8 | 8.0 | 6.6 | 3.0 | -39.9% |
| Vietnam | 15.2 | N/A | N/A | 1.9 | -50.0% |
| Sweden | 2.0 | 1.3 | 1.3 | 1.8 | -3.5% |
| United Kingdom | 0.7 | 10.8 | 0.7 | 1.0 | 12.6% |
| Hong Kong SAR | 15.0 | N/A | N/A | N/A | 0% |
| Mexico | N/A | 1.2 | N/A | N/A | 0% |
| Turkey | 8.0 | N/A | N/A | N/A | 0% |
| Others | 12.8 | 14.5 | 6.3 | 2.3 | -43.6% |
| Total | 117 | 47.4 | 49.6 | 53.5 | -23.0% |
Top Export Markets for Braids; in the Piece from Canada in 2022:
- United States (934.0 kg)
- Philippines (361.0 kg)
- Thailand (195.0 kg)
- Vietnam (93.0 kg)
- Sweden (73.0 kg)
- United Kingdom (47.0 kg)
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