Canada - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMelamine Resins Price in Canada - 2023
Contents:
- Melamine Resins Price in Canada (CIF) - 2023
- Melamine Resins Price in Canada (FOB) - 2023
- Melamine Resins Imports in Canada
- Melamine Resins Exports in Canada
Melamine Resins Price in Canada (CIF) - 2023
The average melamine resins import price stood at $4,039 per ton in June 2023, leveling off at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 46% month-to-month. Over the period under review, average import prices reached the peak figure at $5,172 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($5,802 per ton), while the price for China ($2,793 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 Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Melamine Resins Price in Canada (FOB) - 2023
In June 2023, the average melamine resins export price amounted to $1,687 per ton, surging by 18% against the previous month. Overall, the export price, however, continues to indicate a perceptible setback. The export price peaked at $2,326 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was China ($2,160 per ton), while the average price for exports to the United States amounted to $1,527 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.4%).
Melamine Resins Imports in Canada
Melamine resins imports into Canada fell to 4.1K tons in 2022, which is down by -8.8% on the previous year's figure. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year.
In value terms, melamine resins imports surged to $18M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Melamine Resins in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 10.1 | 10.8 | 14.3 | 4.3% |
| Norway | 0.9 | 0.6 | 1.1 | 2.0 | 30.5% |
| India | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
| Germany | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
| Others | 0.3 | 0.2 | 0.5 | 0.2 | -12.6% |
| Total | 14.6 | 11.9 | 13.8 | 17.8 | 6.8% |
Top Suppliers of Melamine Resins to Canada in 2022:
- United States (3460.7 tons)
- Norway (339.1 tons)
- Germany (173.7 tons)
- India (115.3 tons)
Melamine Resins Exports in Canada
In 2022, the amount of melamine resins in primary forms exported from Canada rose remarkably to 5.9K tons, increasing by 13% compared with the previous year. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, melamine resins exports soared to $13M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Melamine Resins in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 3.2 | 6.4 | 11.5 | 28.7% |
| China | N/A | N/A | 0.3 | 1.0 | 233.3% |
| South Korea | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.5 | 3.2 | 6.7 | 12.7 | 32.2% |
Top Export Markets for Melamine Resins from Canada in 2022:
- United States (5.3K tons)
- China (0.4K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine 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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