Report Update Nov 1, 2024

Canada - Benzoyl Peroxide and Benzoyl Chloride - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Canada

The Canadian benzoyl peroxide and chloride market skyrocketed to $X in 2022, jumping by 25% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.1% 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 +71.9% against 2018 indices. Benzoyl peroxide and chloride consumption peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Canada

In 2022, approx. X tons of benzoyl peroxide and benzoyl chloride were exported from Canada; reducing by -61.8% compared with 2021. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 820%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, benzoyl peroxide and chloride exports fell significantly to $X in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,440% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for benzoyl peroxide and chloride exports from Canada, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +15.8%.

In value terms, the United States ($X) also remains the key foreign market for benzoyl peroxide and benzoyl chloride exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +21.4%.

Export Prices by Country

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a pronounced increase. The growth pace was the most rapid in 2013 an increase of 67% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 +4.8% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Canada

Benzoyl peroxide and chloride imports into Canada skyrocketed to X tons in 2022, rising by 32% compared with 2021 figures. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, benzoyl peroxide and chloride imports skyrocketed to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +19.9% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 37%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Canada, together accounting for 64% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +836.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Canada, comprising 38% of total imports. The second position in the ranking was held by Turkey ($X), with a 19% share of total imports. It was followed by Mexico, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+980.3% per year) and Mexico (+2.6% per year).

Import Prices by Country

The average benzoyl peroxide and chloride import price stood at $X per ton in 2022, falling by -8% against the previous year. Overall, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 18%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for benzoyl peroxide and benzoyl chloride in the world?

The countries with the highest volumes of benzoyl peroxide and chloride consumption in 2021 were the United States, China and Germany, together comprising 37% of global consumption. These countries were followed by South Korea, Turkey, the UK, Japan, Taiwan Chinese), Mexico, the Netherlands, Brazil, Canada and France, which together accounted for a further 39%.

What are the largest producers of benzoyl peroxide and benzoyl chloride in the world?

Germany remains the largest benzoyl peroxide and chloride producing country worldwide, comprising approx. 54% of total volume. Moreover, benzoyl peroxide and chloride production in Germany exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Belgium, with an 11% share.

What are the leading suppliers of benzoyl peroxide and benzoyl chloride to Canada?

In value terms, the United States, Mexico and Sweden constituted the largest benzoyl peroxide and chloride suppliers to Canada, with a combined 82% share of total imports. These countries were followed by South Korea, India, Turkey and China, which together accounted for a further 9.2%.

What are the leading importers of benzoyl peroxide and benzoyl chloride from Canada?

In value terms, the United States remains the key foreign market for benzoyl peroxide and chloride exports from Canada.

What is the average export price for benzoyl peroxide and benzoyl chloride in Canada?

In 2021, the average benzoyl peroxide and chloride export price amounted to $9,233 per ton, waning by -8.5% against the previous year.

What is the average import price for benzoyl peroxide and benzoyl chloride in Canada?

The average benzoyl peroxide and chloride import price stood at $8,812 per ton in 2021, increasing by 1.9% against the previous year.

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl chloride

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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