Cerium Compounds Price in Canada - 2023
Contents:
- Cerium Compounds Price in Canada (CIF) - 2022
- Cerium Compounds Price in Canada (FOB) - 2022
- Cerium Compounds Imports in Canada
- Cerium Compounds Exports in Canada
Cerium Compounds Price in Canada (CIF) - 2022
The average cerium compounds import price stood at $2,628 per ton in 2022, declining by -33.4% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 124% against the previous year. The import price peaked at $22,123 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,844 per ton), while the price for the United States stood at $2,299 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.6%).
Cerium Compounds Price in Canada (FOB) - 2022
The average cerium compounds export price stood at $7,940 per ton in 2022, with an increase of 30% against the previous year. Overall, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $18,205 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($8,484 per ton) and Malaysia ($8,438 per ton), while the average price for exports to the United States ($7,787 per ton) and Brazil ($8,246 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Cerium Compounds Imports in Canada
In 2022, the amount of cerium compoundses imported into Canada skyrocketed to 602 tons, increasing by 16% against 2021 figures. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 569% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cerium compounds imports dropped notably to $1.6M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 249% against the previous year. As a result, imports attained the peak of $2.1M, and then contracted remarkably in the following year.
| Import of Cerium Compounds in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 335 | 538 | 1,922 | 1,221 | 53.9% |
| China | 258 | 29.2 | 103 | 326 | 8.1% |
| Others | 29.3 | 23.0 | 31.1 | 35.7 | 6.8% |
| Total | 623 | 590 | 2,057 | 1,583 | 36.5% |
Top Suppliers of Cerium Compounds to Canada in 2022:
- United States (531.2 tons)
- China (67.3 tons)
Cerium Compounds Exports in Canada
In 2022, shipments abroad of cerium compoundses decreased by -8.6% to 49 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, the exports attained the peak of 54 tons, and then declined in the following year.
In value terms, cerium compounds exports skyrocketed to $393K in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 141%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cerium Compounds in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 96.6 | 68.5 | 205 | 279 | 42.4% |
| Japan | 6.8 | 13.4 | 61.3 | 55.1 | 100.9% |
| Malaysia | 21.9 | 24.0 | 17.9 | 40.0 | 22.2% |
| Brazil | 11.2 | 5.9 | 6.2 | 11.6 | 1.2% |
| Germany | 10.8 | 5.5 | 3.2 | 6.4 | -16.0% |
| Netherlands | N/A | 17.6 | 25.0 | N/A | 42.0% |
| Others | 4.8 | 2.1 | 12.1 | N/A | 58.8% |
| Total | 152 | 137 | 330 | 393 | 37.3% |
Top Export Markets for Cerium Compounds from Canada in 2022:
- United States (35.9 tons)
- Japan (6.6 tons)
- Malaysia (4.7 tons)
- Brazil (1.4 tons)
- Germany (0.8 tons)
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