Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (CIF) - 2024
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (FOB) - 2024
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (CIF) - 2024
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,660 per ton in September 2023, declining by -14.1% against the previous month. Over the period from January 2023 to September 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in August 2023 an increase of 31% m-o-m. As a result, import price attained the peak level of $4,263 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($12,309 per ton), while the price for China ($1,349 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (FOB) - 2024
In September 2023, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,363 per ton, falling by -4.9% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 13% against the previous month. The export price peaked at $2,719 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,510 per ton), while the average price for exports to Hong Kong SAR ($897 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada
In 2022, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Canada totaled 10K tons, growing by 5.9% against the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $33M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.1 | 8.4 | 13.2 | 20.9 | 37.2% |
| Germany | 4.2 | 2.7 | 5.1 | 8.1 | 24.5% |
| China | 1.7 | 0.9 | 2.0 | 1.8 | 1.9% |
| South Korea | 0.3 | N/A | 0.7 | 1.0 | 49.4% |
| Taiwan (Chinese) | 1.2 | 0.1 | 0.2 | 0.7 | -16.4% |
| Others | 0.1 | 0.2 | 0.2 | 0.8 | 100.0% |
| Total | 15.6 | 12.3 | 21.4 | 33.3 | 28.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Canada in 2022:
- United States (5.8K tons)
- Germany (3.3K tons)
- China (0.5K tons)
- South Korea (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada
In 2022, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses exported from Canada fell sharply to 3.5K tons, declining by -16% compared with the year before. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined to $9.4M in 2022. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 47%.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 7.0 | 10.2 | 9.4 | -8.3% |
| Peru | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 12.6 | 7.0 | 10.3 | 9.4 | -9.3% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Canada in 2022:
- United States (3.5K tons)
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