Canada - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethacrylic Acid Esters Price in Canada - 2023
Contents:
- Methacrylic Acid Esters Price in Canada (CIF) - 2023
- Methacrylic Acid Esters Price in Canada (FOB) - 2022
- Methacrylic Acid Esters Imports in Canada
- Methacrylic Acid Esters Exports in Canada
Methacrylic Acid Esters Price in Canada (CIF) - 2023
In June 2023, the average methacrylic acid esters import price amounted to $3,552 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 19% against the previous month. The import price peaked at $4,539 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($8,342 per ton), while the price for the United States ($3,133 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 China (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Methacrylic Acid Esters Price in Canada (FOB) - 2022
The average methacrylic acid esters export price stood at $2,993 per ton in 2022, with an increase of 4.8% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The growth pace was the most rapid in 2014 when the average export price increased by 27% against the previous year. The export price peaked at $5,432 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 ($5,477 per ton), while the average price for exports to South Africa ($1,554 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 (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Methacrylic Acid Esters Imports in Canada
In 2022, overseas purchases of esters of methacrylic acid decreased by -14% to 16K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 3.8%. As a result, imports attained the peak of 19K tons, and then contracted in the following year.
In value terms, methacrylic acid esters imports stood at $59M in 2022. Over the period under review, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 23%.
| Import of Methacrylic Acid Esters in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 56.5 | 42.0 | 45.8 | 49.4 | -4.4% |
| China | 1.9 | 0.8 | 4.8 | 6.0 | 46.7% |
| Others | 4.8 | 3.0 | 5.7 | 4.0 | -5.9% |
| Total | 63.3 | 45.8 | 56.3 | 59.4 | -2.1% |
Top Suppliers of Methacrylic Acid Esters to Canada in 2022:
- United States (14.1K tons)
- China (1.7K tons)
Methacrylic Acid Esters Exports in Canada
Methacrylic acid esters exports from Canada declined sharply to 167 tons in 2022, which is down by -54.9% on the previous year. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year.
In value terms, methacrylic acid esters exports declined remarkably to $501K in 2022. Overall, exports continue to indicate a sharp decline. The smallest decline of -5.8% was in 2021.
| Export of Methacrylic Acid Esters in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,309 | 929 | 687 | 335 | -47.5% |
| China | N/A | 13.1 | 14.6 | 144 | 231.5% |
| South Africa | 1.9 | 3.1 | 3.8 | 5.8 | 45.1% |
| New Zealand | 2.7 | 3.1 | 2.4 | 4.5 | 18.6% |
| Bermuda | 5.3 | 5.8 | 3.5 | 4.2 | -7.5% |
| Malaysia | 58.6 | 123 | 334 | N/A | 138.7% |
| France | 451 | N/A | N/A | N/A | 0% |
| Singapore | 53.9 | 18.6 | N/A | N/A | -65.5% |
| Brazil | 88.0 | N/A | 0.6 | N/A | -91.7% |
| Others | 16.8 | 27.1 | 12.4 | 7.6 | -23.2% |
| Total | 2,987 | 1,123 | 1,059 | 501 | -44.9% |
Top Export Markets for Methacrylic Acid Esters from Canada in 2022:
- China (92.1 tons)
- United States (61.2 tons)
- South Africa (3.7 tons)
- New Zealand (2.9 tons)
- Bermuda (2.7 tons)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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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