Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada - 2023

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (CIF) - 2022
  2. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (FOB) - 2022
  3. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada
  4. Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (CIF) - 2022

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $4,987 per ton, declining by -2.9% against the previous year. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 7.9% against the previous year. As a result, import price attained the peak level of $6,278 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($5,043 per ton) and China ($4,988 per ton), while the price for the United States ($4,969 per ton) and Germany ($4,984 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (FOB) - 2022

In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $2,825 per ton, reducing by -8.8% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55% against the previous year. The export price peaked at $17,204 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($2,628 per ton) and Pakistan ($2,581 per ton), while the average price for exports to Germany ($2,519 per ton) and Brazil ($2,553 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada

In 2022, imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Canada reached 188 tons, picking up by 6.3% against 2021 figures. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol rose to $937K in 2022. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17016327736629.1%
France26914574.13509.2%
India44.760.452.311336.2%
China49.569.346878.116.4%
Germany10.212.420.219.824.7%
Others27.528.516.511.0-26.3%
Total57147990893718.0%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Canada in 2022:

  1. United States (73.6 tons)
  2. France (70.1 tons)
  3. India (22.4 tons)
  4. China (15.7 tons)
  5. Germany (4.0 tons)

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada

In 2022, shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -0.1% to 43 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 104% against the previous year. As a result, the exports reached the peak of 44 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol declined to $121K in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 122% against the previous year. As a result, the exports attained the peak of $147K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain50.852.547.240.7-7.1%
GermanyN/A4.13.627.8160.4%
PakistanN/A0.618.118.3452.3%
Czech RepublicN/AN/AN/A7.00%
South KoreaN/A2.40.64.130.7%
Brazil0.52.45.94.0100.0%
ChinaN/A26.28.82.1-71.7%
JapanN/A8.21.40.4-77.9%
FinlandN/AN/A14.6N/A0%
Others15.050.533.117.14.5%
Total66.314713312122.2%

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Canada in 2022:

  1. Spain (15.9 tons)
  2. Germany (11.0 tons)
  3. Pakistan (7.1 tons)
  4. Czech Republic (2.7 tons)
  5. Brazil (1.6 tons)
  6. South Korea (1.6 tons)
  7. China (0.8 tons)
  8. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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