Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Canada - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (CIF) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (FOB) - 2022
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $11,054 per ton in 2022, increasing by 27% against the previous year. Over the period under review, the import price posted a mild increase. The growth pace was the most rapid in 2015 when the average import price increased by 166% against the previous year. As a result, import price reached the peak level of $24,937 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 ($13,179 per ton), while the price for the UK ($4,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $14,156 per ton in 2022, reducing by -11.5% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -16.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 48% against the previous year. The export price peaked at $17,026 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16,022 per ton), while the average price for exports to Hong Kong SAR ($6,229 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 the United Arab Emirates (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada

For the fourth consecutive year, Canada recorded growth in overseas purchases of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, which increased by 22% to 3.1K tons in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $34M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.47.717.483.9%
Germany1.92.64.35.340.8%
United States3.22.04.03.64.0%
Spain1.63.02.32.312.9%
India0.90.70.41.415.9%
Japan0.80.80.61.07.7%
France0.80.50.60.94.0%
United Kingdom0.10.20.30.458.7%
Others0.90.91.91.826.0%
Total12.814.122.134.238.8%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Canada in 2022:

  1. China (1401.7 tons)
  2. Germany (579.6 tons)
  3. United States (381.6 tons)
  4. Spain (172.0 tons)
  5. France (167.3 tons)
  6. India (152.8 tons)
  7. United Kingdom (84.3 tons)
  8. Japan (50.7 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada

In 2022, the amount of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses exported from Canada surged to 246 tons, rising by 50% on 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $3.5M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9361,7791,8722,88745.6%
Hong Kong SAR141119124134-1.7%
India9.727512097.8116.0%
China61.064.234.981.09.9%
United Arab Emirates0.30.1N/A68.1510.0%
Germany14473.513056.8-26.7%
Italy1,1163.02.00.6-91.9%
SpainN/A1130.10.6-92.7%
Australia1071.31050.3-85.9%
Others86.970.024115421.0%
Total2,6022,4982,6293,48010.2%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Canada in 2022:

  1. United States (180.2 tons)
  2. Hong Kong SAR (21.4 tons)
  3. China (8.7 tons)
  4. Germany (8.3 tons)
  5. India (7.9 tons)
  6. United Arab Emirates (5.3 tons)
  7. Italy (0.1 tons)
  8. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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