Canada: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Canada

For the fourth consecutive year, the Canadian odoriferous substance mixture market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2017; afterwards, it flattened through to 2022.

Odoriferous Substance Mixture Production in Canada

In value terms, odoriferous substance mixture production rose sharply to $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Odoriferous Substance Mixture Exports

Exports from Canada

Odoriferous substance mixture exports from Canada totaled X tons in 2022, almost unchanged from 2021 figures. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, odoriferous substance mixture exports expanded markedly to $X in 2022. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for odoriferous substance mixture exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) also remains the key foreign market for mixtures of odoriferous substances and their preparations exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%.

Export Prices by Country

In 2022, the average odoriferous substance mixture export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Odoriferous Substance Mixture Imports

Imports into Canada

After two years of growth, overseas purchases of mixtures of odoriferous substances and their preparations decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank remarkably in the following year.

In value terms, odoriferous substance mixture imports declined to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest odoriferous substance mixture supplier to Canada, with a X% share of total imports. Moreover, odoriferous substance mixture imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Ireland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of mixtures of odoriferous substances and their preparations to Canada, comprising X% of total imports. The second position in the ranking was held by Ireland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average odoriferous substance mixture import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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