Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (CIF) - 2024
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (FOB) - 2024
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (CIF) - 2024

In September 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,481 per ton, approximately reflecting the previous month. In general, the import price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in March 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the peak figure at $1,814 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,383 per ton), while the price for the United States ($1,075 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (FOB) - 2024

In September 2023, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,047 per ton, shrinking by -6.9% against the previous month. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in February 2023 an increase of 2.9% month-to-month. As a result, the export price reached the peak level of $2,532 per ton. From March 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 January 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to -2.5% per month.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada

For the fourth year in a row, Canada recorded growth in overseas purchases of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses, which increased by 8.4% to 11K tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses surged to $20M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.73.64.77.426.0%
United States2.52.44.35.731.6%
Sweden3.21.53.63.1-1.1%
Taiwan (Chinese)N/A0.81.11.954.1%
Malaysia0.30.31.91.363.0%
South Korea0.10.20.91.0115.4%
OthersN/A0.20.20.1-29.3%
Total9.88.916.820.527.9%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Canada in 2022:

  1. United States (5.1K tons)
  2. Germany (3.1K tons)
  3. Sweden (1.3K tons)
  4. Taiwan (Chinese) (0.8K tons)
  5. Malaysia (0.4K tons)
  6. South Korea (0.4K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada

In 2022, the amount of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses exported from Canada expanded to 1.7K tons, surging by 4.4% compared with the year before. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 252% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses dropped modestly to $4.1M in 2022. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 396%. As a result, the exports attained the peak of $4.2M, and then dropped in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.60.84.14.116.4%
OthersN/AN/AN/AN/A0%
Total2.60.84.24.116.4%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Canada in 2022:

  1. United States (1693.8 tons)

Source: IndexBox Market Intelligence Platform

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