Canada - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthyl Acetate Price in Canada - 2023
Contents:
- Ethyl Acetate Price in Canada (CIF) - 2022
- Ethyl Acetate Price in Canada (FOB) - 2022
- Ethyl Acetate Imports in Canada
- Ethyl Acetate Exports in Canada
Ethyl Acetate Price in Canada (CIF) - 2022
The average ethyl acetate import price stood at $1,300 per ton in 2022, remaining constant against the previous year. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $1,563 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the United States ($2,344 per ton), while the price for Mexico ($591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Price in Canada (FOB) - 2022
The average ethyl acetate export price stood at $2,325 per ton in 2022, with an increase of 7.8% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 110% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
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 ($2,617 per ton), while the average price for exports to China ($673 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 United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ethyl Acetate Imports in Canada
For the fourth year in a row, Canada recorded growth in overseas purchases of ethyl acetate, which increased by 31% to 13K tons in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, ethyl acetate imports skyrocketed to $16M in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Ethyl Acetate in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.7 | 4.6 | 8.2 | 10.2 | 29.5% |
Mexico | 1.4 | 1.0 | 1.9 | 3.2 | 31.7% |
Brazil | 0.3 | 0.4 | 1.0 | 1.0 | 49.4% |
China | 1.0 | 0.9 | 0.6 | 0.8 | -7.2% |
India | 0.2 | 0.2 | 0.1 | 0.5 | 35.7% |
United Kingdom | 0.2 | 0.5 | 0.3 | 0.3 | 14.5% |
South Africa | 0.6 | 0.4 | 0.2 | N/A | -42.3% |
Others | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Total | 8.5 | 8.1 | 12.5 | 16.3 | 24.2% |
Top Suppliers of Ethyl Acetate to Canada in 2022:
- Mexico (5.4K tons)
- United States (4.3K tons)
- China (1.3K tons)
- India (0.7K tons)
- Brazil (0.6K tons)
- United Kingdom (0.1K tons)
Ethyl Acetate Exports in Canada
In 2022, approx. 29 tons of ethyl acetate were exported from Canada; shrinking by -46.8% against the previous year. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,016% against the previous year. As a result, the exports attained the peak of 55 tons, and then fell dramatically in the following year.
In value terms, ethyl acetate exports shrank dramatically to $68K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,095% against the previous year. As a result, the exports attained the peak of $119K, and then reduced notably in the following year.
Export of Ethyl Acetate in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.9 | 2.5 | 112 | 65.3 | 102.2% |
South Korea | N/A | N/A | 1.3 | 1.3 | 0.0% |
Malaysia | N/A | N/A | 2.2 | 0.4 | -81.8% |
Germany | N/A | N/A | 0.1 | 0.4 | 300.0% |
Switzerland | N/A | 0.8 | N/A | 0.4 | -29.3% |
China | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
United Kingdom | 1.0 | 0.1 | 0.2 | N/A | -55.3% |
Trinidad and Tobago | 1.5 | 1.5 | N/A | N/A | 0.0% |
Turkey | N/A | N/A | 1.9 | N/A | 0% |
Others | N/A | 0.2 | 0.9 | 0.2 | 0.0% |
Total | 10.7 | 5.4 | 119 | 68.3 | 85.5% |
Top Export Markets for Ethyl Acetate from Canada in 2022:
- United States (24.9 tons)
- South Korea (1.9 tons)
- Malaysia (0.7 tons)
- Germany (0.6 tons)
- Switzerland (0.6 tons)
- China (0.5 tons)
This report provides an in-depth analysis of the ethyl acetate 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 20143215 - Ethyl acetate
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
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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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