Canada - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in Canada - 2023
Contents:
- Price for Phenols and Other Oils and Oil Products in Canada (FOB) - 2023
- Price for Phenols and Other Oils and Oil Products in Canada (CIF) - 2023
- Exports of Phenols and Other Oils and Oil Products in Canada
- Imports of Phenols and Other Oils and Oil Products in Canada
Price for Phenols and Other Oils and Oil Products in Canada (FOB) - 2023
In September 2023, the average export price for phenols and other oils and oil products amounted to $1,071 per ton, standing approximately at the previous month. Over the period under review, export price indicated a slight increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for phenols and other oils and oil products increased by +27.3% against April 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 58% against the previous month. Over the period under review, the average export prices attained the maximum at $1,087 per ton in August 2023, and then contracted slightly in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +1.9% per month.
Price for Phenols and Other Oils and Oil Products in Canada (CIF) - 2023
In September 2023, the average import price for phenols and other oils and oil products amounted to $799 per ton, jumping by 50% against the previous month. Overall, import price indicated a measured expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for phenols and other oils and oil products increased by +75.3% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 86% against the previous month. The import price peaked at $935 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($2,481 per ton), while the price for the United States totaled $711 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.4%).
Exports of Phenols and Other Oils and Oil Products in Canada
Exports of phenols and other oils and oil products from Canada soared to 49K tons in 2022, increasing by 17% compared with the previous year. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of phenols and other oils and oil products skyrocketed to $37M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Phenols and Other Oils and Oil Products in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 28.2 | 25.9 | 27.4 | 37.0 | 9.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 28.2 | 25.9 | 27.4 | 37.0 | 9.5% |
Top Export Markets for Phenols and Other Oils and Oil Products from Canada in 2022:
- United States (49.0K tons)
Imports of Phenols and Other Oils and Oil Products in Canada
In 2022, imports of phenols and other oils and oil products into Canada dropped dramatically to 19K tons, with a decrease of -44.1% against the previous year. Overall, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 132%. As a result, imports attained the peak of 34K tons, and then fell remarkably in the following year.
In value terms, imports of phenols and other oils and oil products fell notably to $12M in 2022. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 109% against the previous year. As a result, imports reached the peak of $15M, and then contracted sharply in the following year.
Import of Phenols and Other Oils and Oil Products in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.3 | 6.3 | 13.9 | 9.9 | -7.0% |
Belgium | 1.9 | 0.6 | 0.5 | 1.3 | -11.9% |
Others | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
Total | 14.3 | 7.0 | 14.6 | 11.6 | -6.7% |
Top Suppliers of Phenols and Other Oils and Oil Products to Canada in 2022:
- United States (16.1K tons)
- Belgium (2.5K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...