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Canada - Ethylbenzene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Canada - Ethylbenzene - Market Analysis, Forecast, Size, Trends And Insights

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Jan 30, 2023

Canada's Ethylbenzene Price Increases 2%, Averaging $969 per Ton, Fluctuating Wildly over 2022

Canada Ethylbenzene Import Price in November 2022

In November 2022, the ethylbenzene price stood at $969 per ton (CIF, Canada), with an increase of 1.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 66% against the previous month. As a result, import price attained the peak level of $1,302 per ton. From October 2022 to November 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2022, the country with the highest price was the United States ($969 per ton), while the price for Singapore stood at $969 per ton.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%).

Canada Ethylbenzene Imports

Ethylbenzene imports into Canada skyrocketed to 196 tons in November 2022, picking up by 1,288% against the previous month's figure. In general, imports, however, faced a dramatic curtailment. The pace of growth appeared the most rapid in April 2022 with an increase of 2,442% m-o-m. Over the period under review, imports reached the maximum at 2.3K tons in January 2022; however, from February 2022 to November 2022, imports stood at a somewhat lower figure.

In value terms, ethylbenzene imports skyrocketed to $190K (IndexBox estimates) in November 2022. Overall, imports, however, saw a dramatic shrinkage. The pace of growth appeared the most rapid in April 2022 with an increase of 2,518% m-o-m. Over the period under review, imports hit record highs at 2.4K tons in January 2022; however, from February 2022 to November 2022, imports stood at a somewhat lower figure.

Canada Ethylbenzene Imports by Country

Singapore (99 tons) and the United States (97 tons) were the main suppliers of ethylbenzene imports to Canada. From January 2022 to November 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +2.7%).

In value terms, Singapore ($96K) and the United States ($94K) appeared to be the largest ethylbenzene suppliers to Canada. Singapore, with a CAGR of +1.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Ethylbenzene Market Overview

The ethylbenzene market in Canada is expected to grow in the coming years. Several factors are driving this growth, including the increasing demand for ethylbenzene-based products, favorable government regulations, and the availability of raw materials.

Ethylbenzene is a key ingredient in the production of styrene, which is used in a variety of applications, including plastics, rubbers, and adhesives. The growing demand for these products is one of the primary drivers of the ethylbenzene market in Canada. In addition, several government initiatives are encouraging the use of ethylbenzene-based products. For instance, the Canadian government has implemented various standards that promote the use of environmentally-friendly products. This is expected to create new opportunities for manufacturers of ethylbenzene-based products.

The availability of raw materials is another factor that is expected to drive the growth of the ethylbenzene market in Canada. Ethylene and benzene are two of the key raw materials required for the production of ethylbenzene. These materials are widely available in Canada, which is expected to facilitate the growth of the ethylbenzene market in the country.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylbenzene 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 20141260 - Ethylbenzene

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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