Canada - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEpoxide Resin Price in Canada - 2023
Contents:
- Epoxide Resin Price in Canada (CIF) - 2022
- Epoxide Resin Price in Canada (FOB) - 2023
- Epoxide Resin Imports in Canada
- Epoxide Resin Exports in Canada
Epoxide Resin Price in Canada (CIF) - 2022
In 2022, the average epoxide resin import price amounted to $5,652 per ton, growing by 16% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, epoxide resin import price increased by +82.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($5,853 per ton) and the United States ($5,604 per ton), while the price for Taiwan (Chinese) ($4,831 per ton) and China ($5,192 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Epoxide Resin Price in Canada (FOB) - 2023
In June 2023, the average epoxide resin export price amounted to $8,743 per ton, remaining relatively unchanged against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 17% against the previous month. The export price peaked at $9,501 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was the United States ($8,838 per ton), while the average price for exports to Australia amounted to $7,082 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%).
Epoxide Resin Imports in Canada
Epoxide resin imports into Canada contracted to 30K tons in 2022, with a decrease of -5.5% against the year before. Overall, imports showed a abrupt downturn.
In value terms, epoxide resin imports expanded sharply to $169M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +58.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Epoxide Resin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 101 | 85.0 | 109 | 117 | 5.0% |
| South Korea | 11.9 | 7.5 | 16.9 | 17.2 | 13.1% |
| China | 2.9 | 3.0 | 9.6 | 14.4 | 70.6% |
| Taiwan (Chinese) | 5.0 | 3.7 | 8.5 | 7.2 | 12.9% |
| India | 0.6 | 0.4 | 1.7 | 2.7 | 65.1% |
| Others | 8.1 | 7.0 | 9.0 | 11.0 | 10.7% |
| Total | 130 | 107 | 154 | 169 | 9.1% |
Top Suppliers of Epoxide Resin to Canada in 2022:
- United States (20.8K tons)
- South Korea (2.9K tons)
- China (2.8K tons)
- Taiwan (Chinese) (1.5K tons)
- India (0.5K tons)
Epoxide Resin Exports in Canada
For the third consecutive year, Canada recorded decline in overseas shipments of epoxide resins, which decreased by -6% to 6.7K tons in 2022. Overall, exports saw a abrupt curtailment.
In value terms, epoxide resin exports expanded sharply to $57M in 2022. The total export value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Epoxide Resin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.1 | 36.7 | 44.9 | 49.7 | 18.2% |
| Australia | 0.3 | 0.4 | 0.5 | 1.2 | 58.7% |
| India | 3.9 | 0.8 | 0.2 | 0.3 | -57.5% |
| Turkey | 1.6 | 0.3 | N/A | 0.1 | -60.3% |
| Others | 7.2 | 5.9 | 5.1 | 6.2 | -4.9% |
| Total | 43.1 | 44.1 | 50.7 | 57.4 | 10.0% |
Top Export Markets for Epoxide Resin from Canada in 2022:
- Turkey (undefinedK tons)
- India (undefinedK tons)
- United States (5.8K tons)
- Australia (0.1K tons)
This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms
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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