Canada - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Canada - 2023
Contents:
- Carboxylic Acid Price in Canada (CIF) - 2022
- Carboxylic Acid Price in Canada (FOB) - 2023
- Carboxylic Acid Imports in Canada
- Carboxylic Acid Exports in Canada
Carboxylic Acid Price in Canada (CIF) - 2022
In 2022, the average carboxylic acid import price amounted to $4,732 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $6,242 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 India ($12,250 per ton), while the price for France ($1,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Canada (FOB) - 2023
The average carboxylic acid export price stood at $2,972 per ton in June 2023, rising by 4.3% against the previous month. Over the period under review, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in January 2023 an increase of 14% m-o-m. As a result, the export price attained the peak level of $3,682 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($4,558 per ton), while the average price for exports to India ($1,606 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Carboxylic Acid Imports in Canada
For the fourth year in a row, Canada recorded growth in overseas purchases of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, which increased by 0.9% to 22K tons in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 7.6%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, carboxylic acid imports amounted to $103M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 8.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carboxylic Acid in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.7 | 34.0 | 34.5 | 33.8 | 2.2% |
| China | 19.0 | 17.8 | 20.9 | 20.5 | 2.6% |
| United Kingdom | 9.4 | 4.4 | 8.7 | 8.5 | -3.3% |
| India | 5.8 | 8.6 | 5.9 | 6.5 | 3.9% |
| Italy | 6.0 | 4.8 | 5.7 | 5.6 | -2.3% |
| South Korea | 3.8 | 4.5 | 5.2 | 5.1 | 10.3% |
| Germany | 1.8 | 4.4 | 5.0 | 4.9 | 39.6% |
| Spain | 3.5 | 3.4 | 3.1 | 3.2 | -2.9% |
| Belgium | 0.2 | 0.6 | 2.8 | 2.8 | 141.0% |
| France | 2.0 | 1.8 | 1.8 | 1.8 | -3.5% |
| Others | 9.6 | 9.4 | 8.0 | 10.1 | 1.7% |
| Total | 92.9 | 93.6 | 102 | 103 | 3.5% |
Top Suppliers of Carboxylic Acid to Canada in 2022:
- United States (12.1K tons)
- China (2.0K tons)
- United Kingdom (1.2K tons)
- South Korea (1.1K tons)
- Italy (1.0K tons)
- France (0.9K tons)
- Belgium (0.8K tons)
- India (0.5K tons)
- Spain (0.5K tons)
- Germany (0.4K tons)
Carboxylic Acid Exports in Canada
In 2022, shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -3.2% to 15K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.8%. As a result, the exports reached the peak of 16K tons, and then contracted slightly in the following year.
In value terms, carboxylic acid exports reduced slightly to $36M in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 22%. As a result, the exports attained the peak of $37M, and then contracted slightly in the following year.
| Export of Carboxylic Acid in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 15.7 | 21.4 | 20.7 | 10.6% |
| United Kingdom | 2.6 | 2.4 | 1.7 | 2.1 | -6.9% |
| Ireland | 1.1 | 1.5 | 1.7 | 1.6 | 13.3% |
| Germany | 1.0 | 1.1 | 1.3 | 1.3 | 9.1% |
| Netherlands | 0.4 | 0.7 | 1.2 | 1.2 | 44.2% |
| Sweden | 1.1 | 1.0 | 1.2 | 1.1 | 0.0% |
| Malaysia | 1.3 | 0.9 | 0.9 | 1.0 | -8.4% |
| Spain | 0.3 | 0.6 | 0.8 | 0.7 | 32.6% |
| Italy | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
| Japan | 0.7 | 0.7 | 0.6 | 0.6 | -5.0% |
| Swaziland | 0.6 | 0.8 | 0.2 | 0.5 | -5.9% |
| Mexico | 0.7 | 0.5 | 0.5 | 0.5 | -10.6% |
| Others | 3.8 | 4.1 | 4.8 | 4.2 | 3.4% |
| Total | 29.0 | 30.3 | 36.9 | 36.3 | 7.8% |
Top Export Markets for Carboxylic Acid from Canada in 2022:
- United States (8.1K tons)
- United Kingdom (1.0K tons)
- Ireland (0.8K tons)
- Netherlands (0.5K tons)
- Malaysia (0.5K tons)
- Sweden (0.5K tons)
- Germany (0.5K tons)
- Italy (0.3K tons)
- Swaziland (0.3K tons)
- Mexico (0.3K tons)
- Japan (0.3K tons)
- Spain (0.3K tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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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In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
1237
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
971
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
712
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
646
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
