Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (CIF) - 2023
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (FOB) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (CIF) - 2023
The average import price for cyclic hydrocarbons; mixed xylene isomerses stood at $937 per ton in June 2023, falling by -4.1% against the previous month. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 558% against the previous month. Over the period under review, average import prices reached the maximum at $1,607 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for Belgium amounted to +20.2% per month.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (FOB) - 2022
In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $2,035 per ton, picking up by 69% against the previous year. In general, the export price enjoyed a pronounced increase. The growth pace was the most rapid in 2018 an increase of 117% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.2% per year.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada
In 2022, overseas purchases of cyclic hydrocarbons; mixed xylene isomerses were finally on the rise to reach 148K tons after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports surged to $167M in 2022. In general, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 28.8 | 22.6 | 30.9 | 94.2 | 48.4% |
| United States | 77.5 | 24.3 | 38.6 | 59.1 | -8.6% |
| Singapore | 5.6 | 3.7 | N/A | 13.2 | 33.1% |
| Netherlands | 7.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 120 | 50.6 | 69.5 | 167 | 11.6% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Canada in 2022:
- Belgium (87.7K tons)
- United States (51.5K tons)
- Singapore (8.9K tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses exported from Canada surged to 91 tons, with an increase of 74% compared with 2021 figures. In general, exports, however, faced a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 358% against the previous year. As a result, the exports reached the peak of 666 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports soared to $186K in 2022. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by 208%. As a result, the exports attained the peak of $381K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 273 | 63.2 | 186 | 18.8% |
| Cuba | 10.8 | 24.8 | N/A | N/A | 129.6% |
| United Kingdom | 2.2 | 82.6 | N/A | N/A | 3654.5% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 124 | 381 | 63.2 | 186 | 14.5% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Canada in 2022:
- United States (91.3 tons)
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