Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada - 2024
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (CIF) - 2022
In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $3,190 per ton, rising by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($25,925 per ton), while the price for China ($2,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,861 per ton in 2022, dropping by -34.4% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2013 a decrease of -13.6%. The export price peaked at $9,652 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,479 per ton), while the average price for exports to Spain ($1,148 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 Saudi Arabia (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada
In 2022, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Canada reduced sharply to 1K tons, falling by -16.7% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 1.2K tons, and then reduced notably in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses dropped to $3.2M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $3.6M, and then dropped in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,090 | 2,031 | 2,698 | 2,721 | 9.2% |
| France | 509 | 555 | 510 | 223 | -24.0% |
| China | 220 | 182 | 253 | 197 | -3.6% |
| Germany | 10.1 | 20.3 | 20.1 | 52.9 | 73.7% |
| South Korea | 50.7 | 77.8 | 57.3 | 36.0 | -10.8% |
| Others | 17.9 | 23.8 | 38.1 | 6.0 | -30.5% |
| Total | 2,898 | 2,889 | 3,576 | 3,236 | 3.7% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Canada in 2022:
- United States (889.5 tons)
- China (90.8 tons)
- Germany (15.4 tons)
- South Korea (8.8 tons)
- France (8.6 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada
In 2022, overseas shipments of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -78.4% to 4.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a significant increase.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses fell rapidly to $7.8K in 2022. Overall, exports, however, enjoyed a significant expansion.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 26.2 | 3.7 | -85.9% |
| Kazakhstan | N/A | N/A | N/A | 2.5 | 0% |
| Brazil | N/A | N/A | 3.7 | 0.4 | -89.2% |
| Mexico | N/A | N/A | N/A | 0.3 | 0% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Spain | N/A | N/A | N/A | 0.3 | 0% |
| Germany | N/A | N/A | 1.7 | 0.2 | -88.2% |
| Trinidad and Tobago | 0.9 | N/A | N/A | N/A | 0% |
| India | 1.1 | N/A | 0.2 | N/A | -57.4% |
| United Arab Emirates | N/A | N/A | 22.6 | N/A | 0% |
| Others | N/A | N/A | 0.9 | 0.1 | -88.9% |
| Total | 2.0 | N/A | 55.2 | 7.8 | 57.4% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Canada in 2022:
- Kazakhstan (2169.0 kg)
- United States (677.0 kg)
- Brazil (310.0 kg)
- Mexico (293.0 kg)
- Spain (290.0 kg)
- China (229.0 kg)
- Germany (146.0 kg)
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