Canada - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Canada - 2023
Contents:
- Butanone Price in Canada (CIF) - 2023
- Butanone Price in Canada (FOB) - 2022
- Butanone Imports in Canada
- Butanone Exports in Canada
Butanone Price in Canada (CIF) - 2023
In June 2023, the average butanone import price amounted to $1,637 per ton, flattening at the previous month. Overall, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 32% m-o-m. As a result, import price attained the peak level of $4,194 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Brazil ($1,693 per ton), while the price for China ($1,284 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (0.0%), while the prices for the other major suppliers experienced a decline.
Butanone Price in Canada (FOB) - 2022
In 2022, the average butanone export price amounted to $1,416 per ton, picking up by 23% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The growth pace was the most rapid in 2013 an increase of 54% against the previous year. As a result, the export price reached the peak level of $3,315 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,536 per ton), while the average price for exports to the UK ($438 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 the UK (-2.4%), while the prices for the other major destinations experienced a decline.
Butanone Imports in Canada
In 2022, imports of butanone (methyl ethyl ketone) into Canada skyrocketed to 5.6K tons, with an increase of 28% against the previous year's figure. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, butanone imports soared to $13M in 2022. Overall, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Butanone in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.6 | 4.7 | 4.8 | 6.7 | 13.4% |
China | 1.0 | 1.3 | 0.7 | 3.3 | 48.9% |
South Africa | 1.4 | 0.6 | 1.2 | 1.6 | 4.6% |
Netherlands | 0.3 | 0.5 | 0.3 | 0.9 | 44.2% |
Saudi Arabia | N/A | N/A | N/A | 0.3 | 0% |
Japan | 0.1 | N/A | 0.6 | 0.2 | 26.0% |
Others | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
Total | 7.9 | 7.4 | 8.2 | 13.5 | 19.6% |
Top Suppliers of Butanone to Canada in 2022:
- United States (2806.5 tons)
- China (1316.3 tons)
- Netherlands (652.9 tons)
- South Africa (513.0 tons)
- Saudi Arabia (94.0 tons)
- Japan (84.3 tons)
Butanone Exports in Canada
In 2022, approx. 58 tons of butanone (methyl ethyl ketone) were exported from Canada; jumping by 18% against 2021. Overall, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year.
In value terms, butanone exports soared to $81K in 2022. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Butanone in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 67.8 | 24.3 | 47.4 | 78.7 | 5.1% |
United Kingdom | N/A | N/A | 8.0 | 1.9 | -76.3% |
Mexico | N/A | N/A | N/A | 0.8 | 0% |
South Korea | N/A | 10.1 | N/A | N/A | 0% |
Others | N/A | 0.1 | 0.6 | 0.1 | 0.0% |
Total | 67.8 | 34.5 | 56.0 | 81.5 | 6.3% |
Top Export Markets for Butanone from Canada in 2022:
- United States (51.2 tons)
- United Kingdom (4.3 tons)
- Mexico (1.9 tons)
This report provides an in-depth analysis of the butanone market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146213 - Butanone (methyl ethyl ketone)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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