Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada - 2024
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (CIF) - 2024
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (CIF) - 2024
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $20,921 per ton in January 2024, increasing by 5.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 17% against the previous month. The import price peaked at $23,229 per ton in May 2023; however, from June 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($29,722 per ton), while the price for the United States ($19,360 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $20,653 per ton, with an increase of 7.8% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by 200% against the previous year. Over the period under review, the average export prices attained the maximum at $35,849 per ton in 2012; however, from 2013 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 ($22,105 per ton), while the average price for exports to Germany ($12,594 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 Germany (+190.0%).
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada
For the third year in a row, Canada recorded decline in purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, which decreased by -10.5% to 107 tons in 2022. In general, imports recorded a deep downturn. The smallest decline of -8.7% was in 2020.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped to $2.4M in 2022. Over the period under review, imports continue to indicate a deep slump.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,453 | 1,204 | 739 | 1,195 | -6.3% |
| India | 2,499 | 1,845 | 1,672 | 1,036 | -25.4% |
| China | 63.5 | 81.7 | 42.6 | 89.5 | 12.1% |
| Others | 93.5 | 162 | 119 | 46.6 | -20.7% |
| Total | 4,110 | 3,292 | 2,574 | 2,366 | -16.8% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Canada in 2022:
- United States (61.2 tons)
- India (40.5 tons)
- China (3.3 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada
Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from Canada declined markedly to 3 tons in 2022, dropping by -64.3% against the year before. In general, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol fell rapidly to $61K in 2022. Overall, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 314%.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 281 | 32.3 | 157 | 55.3 | -41.8% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.9 | 0% |
| Germany | N/A | 0.1 | 0.4 | 1.9 | 335.9% |
| Japan | N/A | N/A | N/A | 0.7 | 0% |
| Trinidad and Tobago | N/A | 5.2 | N/A | N/A | 0% |
| Others | 12.8 | 0.8 | 1.3 | 1.4 | -52.2% |
| Total | 294 | 38.4 | 159 | 61.1 | -40.8% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Canada in 2022:
- United States (2501.0 kg)
- Taiwan (Chinese) (150.0 kg)
- Germany (148.0 kg)
- Japan (51.0 kg)
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