Report Update Nov 1, 2024

Canada - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Canada

In 2021, after three years of decline, there was significant growth in the Canadian denatured ethyl alcohol market, when its value increased by 98% to $X. In general, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. 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.

Denatured Ethyl Alcohol Exports

Exports from Canada

In 2021, overseas shipments of denatured ethyl alcohol and other denatured spirits decreased by -16.9% to X tons for the first time since 2014, thus ending a six-year rising trend. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 808% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then reduced markedly in the following year.

In value terms, denatured ethyl alcohol exports fell notably to $X in 2021. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 850% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

The United States (X tons) was the main destination for denatured ethyl alcohol exports from Canada, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +49.5%.

In value terms, the United States ($X) also remains the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +45.3%.

Export Prices by Country

The average denatured ethyl alcohol export price stood at $X per ton in 2021, dropping by -4.6% against the previous year. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat 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 2021, the rate of growth in terms of prices for the United States amounted to -2.8% per year.

Denatured Ethyl Alcohol Imports

Imports into Canada

After two years of decline, overseas purchases of denatured ethyl alcohol and other denatured spirits increased by 78% to X tons in 2021. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, denatured ethyl alcohol imports soared to $X in 2021. Overall, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the main supplier of denatured ethyl alcohol to Canada, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +3.1%.

In value terms, the United States ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Canada.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +2.6%.

Import Prices by Country

The average denatured ethyl alcohol import price stood at $X per ton in 2021, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 36% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -0.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol consumption in 2020 were China, the United States and Japan, with a combined 29% share of global consumption. These countries were followed by India, Russia, Pakistan, Brazil, Canada, the Netherlands, Indonesia, the UK, Mexico and Nigeria, which together accounted for a further 30%.

What are the largest producers of denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol production in 2020 were the United States, China and Japan, with a combined 48% share of global production.

What are the leading suppliers of denatured ethyl alcohol and other denatured spirits to Canada?

In value terms, the United States constituted the largest supplier of denatured ethyl alcohol to Canada.

What are the leading importers of denatured ethyl alcohol and other denatured spirits from Canada?

In value terms, the United States remains the key foreign market for denatured ethyl alcohol exports from Canada.

What is the average export price for denatured ethyl alcohol and other denatured spirits in Canada?

In 2020, the average denatured ethyl alcohol export price amounted to $1,137 per ton, growing by 24% against the previous year.

What is the average import price for denatured ethyl alcohol and other denatured spirits in Canada?

In 2020, the average denatured ethyl alcohol import price amounted to $1,138 per ton, rising by 45% against the previous year.

This report provides an in-depth analysis of the denatured ethyl alcohol 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 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

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