Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada - 2023

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada (CIF) - 2022
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada (FOB) - 2022
3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada
4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $5,880 per ton in 2022, growing by 32% against the previous year. In general, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2015 when the average import price increased by 36%. As a result, import price attained the peak level of $7,709 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Ireland ($25,783 per ton), while the price for Germany ($2,979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $4,269 per ton, increasing by 3.1% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 52%. Over the period under review, the average export prices reached the maximum at $6,895 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,628 per ton), while the average price for exports to France ($2,143 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 China (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada

After three years of growth, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -14.1% to 3.1K tons in 2022. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $18M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Canada in 2022:

1. India (1138.2 tons)
2. China (592.9 tons)
3. Germany (505.6 tons)
4. United States (474.1 tons)
5. Netherlands (261.4 tons)
6. France (78.2 tons)
7. Ireland (59.6 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Canada

In 2022, overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -33.9% to 246 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 228%. As a result, the exports reached the peak of 657 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses contracted sharply to $1.1M in 2022. Over the period under review, exports, however, saw a slight increase. The growth pace was the most rapid in 2020 when exports increased by 237%. As a result, the exports attained the peak of $3.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Canada in 2022:

1. United States (98.4 tons)
2. Germany (31.4 tons)
3. South Korea (18.0 tons)
4. Spain (16.3 tons)
5. Switzerland (15.4 tons)
6. France (15.2 tons)
7. China (12.0 tons)
8. Hong Kong SAR (7.2 tons)

Source: IndexBox Market Intelligence Platform