Canada: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Canada

In 2022, the Canadian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 56% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, showed a slight shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Canada

Exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Canada contracted significantly to X tons in 2022, which is down by -16.5% compared with the year before. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced to $X in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Canada, accounting for a 99% share of total exports. It was followed by Hong Kong SAR (X tons), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -6.1%.

In value terms, the United States ($X) remains the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from Canada, comprising 100% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -6.5%.

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, growing by 11% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hong Kong SAR 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 (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Canada

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 4.4% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 55%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid skyrocketed to $X in 2022. In general, imports, however, saw a slight descent. The pace of growth was the most pronounced in 2021 with an increase of 81%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Canada, together accounting for 87% of total imports. China, Turkey and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +198.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Canada, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by China, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.3% per year) and China (+5.2% per year).

Import Prices by Country

The average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, growing by 43% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +110.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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