Canada - Sulphites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphites Price in Canada - 2023
Contents:
- Sulphites Price in Canada (CIF) - 2023
- Sulphites Price in Canada (FOB) - 2023
- Sulphites Imports in Canada
- Sulphites Exports in Canada
Sulphites Price in Canada (CIF) - 2023
The average sulphites import price stood at $761 per ton in September 2023, increasing by 34% against the previous month. Over the period under review, the import price, however, saw a perceptible setback. The import price peaked at $1,070 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,743 per ton), while the price for India ($483 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced a decline.
Sulphites Price in Canada (FOB) - 2023
The average sulphites export price stood at $232 per ton in September 2023, stabilizing at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 13% against the previous month. As a result, the export price attained the peak level of $273 per ton. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
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 +1.1% per month.
Sulphites Imports in Canada
In 2022, approx. 32K tons of sulphites were imported into Canada; which is down by -9.1% against the previous year. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.9% against the previous year. As a result, imports reached the peak of 35K tons, and then contracted in the following year.
In value terms, sulphites imports soared to $24M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sulphites in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.6 | 0.8 | 2.8 | 7.7 | 134.1% |
United States | 5.7 | 5.3 | 5.5 | 4.9 | -4.9% |
China | 5.6 | 4.7 | 5.7 | 3.4 | -15.3% |
India | 2.4 | 2.5 | 1.8 | 2.7 | 4.0% |
Italy | 0.9 | 0.9 | 1.2 | 2.5 | 40.6% |
Germany | 0.5 | 0.6 | 1.0 | 2.3 | 66.3% |
Thailand | 0.2 | 1.0 | 0.4 | 0.1 | -20.6% |
Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 16.0 | 16.0 | 18.7 | 23.8 | 14.2% |
Top Suppliers of Sulphites to Canada in 2022:
- Turkey (13.5K tons)
- United States (4.9K tons)
- India (4.7K tons)
- China (3.3K tons)
- Germany (2.8K tons)
- Italy (2.3K tons)
- Thailand (0.3K tons)
Sulphites Exports in Canada
For the fourth consecutive year, Canada recorded growth in shipments abroad of sulphites, which increased by 30% to 26K tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites exports soared to $6.7M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Sulphites in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.4 | 3.0 | 5.1 | 6.0 | 35.7% |
Suriname | N/A | 0.1 | N/A | 0.3 | 73.2% |
Guyana | N/A | N/A | N/A | 0.2 | 0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 2.4 | 3.1 | 5.1 | 6.7 | 40.8% |
Top Export Markets for Sulphites from Canada in 2022:
- United States (24.2K tons)
- Suriname (0.7K tons)
- Guyana (0.6K tons)
This report provides an in-depth analysis of the sulphites market 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 20134133 - Sulphites
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
-
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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From November 2022 to September 2023, the imports of Sulphites experienced a slight decline. In terms of value, the imports of Sulphites notably dropped to $909K in September 2023.
Thiosulphates experienced an outstanding growth rate in March 2023, with imports soaring by 328% compared to the previous month. In terms of value, thiosulphates imports reached a remarkable $1.1M in September 2023.
From November 2022 to September 2023, the imports of Sulphites experienced a slight decline. In terms of value, the imports of Sulphites notably dropped to $909K in September 2023.
Thiosulphates experienced an outstanding growth rate in March 2023, with imports soaring by 328% compared to the previous month. In terms of value, thiosulphates imports reached a remarkable $1.1M in September 2023.