Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $36,029 per ton in 2022, rising by 46% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses increased by +65.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 57% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($103,176 per ton), while the price for China ($27,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $21,494 per ton, falling by -10.2% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 42% against the previous year. Over the period under review, the average export prices hit record highs at $51,014 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($24,882 per ton) and India ($20,915 per ton), while the average price for exports to France ($19,283 per ton) and South Korea ($19,437 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 France (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses imported into Canada fell rapidly to 162 tons, with a decrease of -17.6% compared with 2021. In general, imports showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports reached the peak of 196 tons, and then reduced notably in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $5.8M in 2022. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Canada in 2022:

1. China (90.4 tons)
2. Ireland (36.5 tons)
3. United States (17.1 tons)
4. Spain (8.3 tons)
5. France (7.1 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Canada

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Canada rose modestly to 8.8 tons, picking up by 4.6% against the previous year. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 106%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses contracted to $190K in 2022. Over the period under review, exports, however, saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 48%. As a result, the exports reached the peak of $369K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Canada in 2022:

1. United States (3.2 tons)
2. Switzerland (1.6 tons)
3. China (1.6 tons)
4. Germany (0.7 tons)
5. South Korea (0.6 tons)
6. France (0.2 tons)
7. Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform