Canada: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in Canada

The Canadian cyclohexanone and methylcyclohexanones market soared to $X in 2021, increasing by 151% 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). In general, consumption, however, continues to indicate a deep reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cyclohexanone And Methylcyclohexanones Exports

Exports from Canada

In 2021, approx. X kg of cyclohexanone and methylcyclohexanones were exported from Canada; with a decrease of -92.8% compared with the previous year. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2016 with an increase of 312% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclohexanone and methylcyclohexanones exports shrank notably to $X in 2021. In general, exports saw a precipitous curtailment. The growth pace was the most rapid in 2016 with an increase of 287%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for cyclohexanone and methylcyclohexanones exports from Canada, with a 85% share of total exports. Moreover, cyclohexanone and methylcyclohexanones exports to the United States exceeded the volume sent to the second major destination, Japan (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-20.5% per year) and Mexico (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for cyclohexanone and methylcyclohexanones exports from Canada, comprising 73% of total exports. The second position in the ranking was taken by Japan ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-8.5% per year) and Mexico (-7.1% per year).

Export Prices by Country

The average cyclohexanone and methylcyclohexanones export price stood at $X per ton in 2021, reducing by -38.9% against the previous year. Overall, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37%. As a result, the export price reached the peak level of $X per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+14.4%), while the prices for the other major destinations experienced a decline.

Cyclohexanone And Methylcyclohexanones Imports

Imports into Canada

In 2021, approx. X tons of cyclohexanone and methylcyclohexanones were imported into Canada; with an increase of 137% on the previous year. Overall, imports, however, continue to indicate a deep downturn. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cyclohexanone and methylcyclohexanones imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of cyclohexanone and methylcyclohexanones imports to Canada, together accounting for 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the Netherlands ($X) were the largest cyclohexanone and methylcyclohexanones suppliers to Canada, with a combined 71% share of total imports.

In terms of the main suppliers, China, with a CAGR of +6.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyclohexanone and methylcyclohexanones import price stood at $X per ton in 2021, growing by 6.3% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and the Netherlands ($X per ton), while the price for Italy ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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