Canada: Aromatic Monoamines Market 2024

Aromatic Monoamines Market Size in Canada

In 2022, the Canadian aromatic monoamines market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption showed slight growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Aromatic Monoamines Production in Canada

In value terms, aromatic monoamines production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt descent. Aromatic monoamines production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Aromatic Monoamines Exports

Exports from Canada

In 2022, overseas shipments of other aromatic monoamines and their derivatives, salts thereof decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated a measured increase from 2012 to 2022: its volume 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, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, aromatic monoamines exports dropped significantly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

Japan (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of aromatic monoamines exports from Canada, with a combined X% share of total exports. The United States, France, Germany, the Netherlands, South Korea, Thailand, India, Brazil, Indonesia and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aromatic monoamines exported from Canada were the United States ($X), Japan ($X) and China ($X), together comprising X% of total exports. Taiwan (Chinese), the Netherlands, France, Germany, South Korea, Thailand, India, Belgium, Brazil and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aromatic monoamines export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X 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 States (X%), while the prices for the other major destinations experienced a decline.

Aromatic Monoamines Imports

Imports into Canada

In 2022, after four years of decline, there was significant growth in overseas purchases of other aromatic monoamines and their derivatives, salts thereof, when their volume increased by X% to X tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, aromatic monoamines imports skyrocketed to $X in 2022. In general, total imports indicated a notable increase 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 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest aromatic monoamines supplier to Canada, accounting for a X% share of total imports. Moreover, aromatic monoamines imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest.

In value terms, the largest aromatic monoamines suppliers to Canada were the United States ($X) and Italy ($X).

In terms of the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average aromatic monoamines import price stood at $X per ton in 2022, falling by X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price 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, aromatic monoamines import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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