Canada: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Canada

After two years of decline, the Canadian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 64% to $X in 2022. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Canada

In value terms, butanal butanal and acyclic aldehydes production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.5% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by 41% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Canada

Butanal butanal and acyclic aldehydes exports from Canada fell significantly to X tons in 2022, reducing by -19.1% on the year before. In general, exports saw a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by 2,016%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a measured expansion. The growth pace was the most rapid in 2021 with an increase of 1,576%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Canada, accounting for a 93% share of total exports. It was followed by Japan (X tons), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +14.9%.

In value terms, the United States ($X) remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Canada, comprising 98% of total exports. The second position in the ranking was taken by Japan ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +9.4%.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, picking up by 47% against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 54% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Canada

In 2022, supplies from abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 97% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, butanal butanal and acyclic aldehydes imports surged to $X in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest butanal butanal and acyclic aldehydes supplier to Canada, accounting for a 74% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. The third position in this ranking was taken by China (X tons), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.6% per year) and China (+20.3% per year).

In value terms, the United States ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to Canada, comprising 70% of total imports. The second position in the ranking was taken by Japan ($X), with an 11% share of total imports. It was followed by Germany, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+42.6% per year) and Germany (+12.9% per year).

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, with a decrease of -1.7% against the previous year. Overall, the import price recorded a perceptible setback. The growth pace was the most rapid in 2017 an increase of 22% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :