Canada: Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size in Canada

In 2022, the Canadian cyclic hydrocarbons market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a mild descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in Canada

In value terms, cyclic hydrocarbons production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Cyclic hydrocarbons production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cyclic Hydrocarbons Exports

Exports from Canada

In 2022, shipments abroad of cyclic hydrocarbons decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports recorded a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports reached $X in 2022. Overall, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. 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 cyclic hydrocarbons exports from Canada, with a X% share of total exports. It was followed by Belgium (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for cyclic hydrocarbons exports from Canada, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external 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 Belgium totaled $X per ton.

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

Cyclic Hydrocarbons Imports

Imports into Canada

In 2022, purchases abroad of cyclic hydrocarbons increased by X% to X tons, rising for the second year in a row after four years of decline. In general, imports, however, showed a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports soared to $X in 2022. Overall, imports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Belgium (X tons) and Singapore (X tons) were the main suppliers of cyclic hydrocarbons imports to Canada, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest cyclic hydrocarbons suppliers to Canada were the United States ($X), Belgium ($X) and Singapore ($X), with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cyclic hydrocarbons import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Singapore ($X per ton), while the price for Belgium ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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