Report Update Nov 1, 2024

Canada - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Ethanal Market 2024

Ethanal Market Size in Canada

The Canadian ethanal market skyrocketed to $X in 2022, increasing by 47% against the previous year. Overall, consumption, however, recorded a deep contraction. Ethanal consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Ethanal Production in Canada

In value terms, ethanal production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by 540%. Ethanal production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Ethanal Exports

Exports from Canada

In 2022, shipments abroad of ethanal (acetaldehyde) increased by 0.9% to X tons, rising for the third consecutive year after two years of decline. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 175% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, ethanal exports reduced slightly to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,469% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons), China (X tons) and Hong Kong SAR (X kg) were the main destinations of ethanal exports from Canada, together accounting for 84% of total exports. Germany and Japan lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ethanal exported from Canada were South Africa ($X), China ($X) and Hong Kong SAR ($X), with a combined 84% share of total exports. Germany and Japan lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Japan, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ethanal export price amounted to $X per ton, shrinking by -3.3% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 574% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and South Africa ($X per ton), while the average price for exports to China ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanal Imports

Imports into Canada

In 2022, ethanal imports into Canada skyrocketed to X tons, rising by 279% compared with 2021. In general, imports, however, showed a dramatic setback. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, ethanal imports declined rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 289% against the previous year. As a result, imports attained the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main supplier of ethanal to Canada, with a approx. 99% share of total imports.

From 2020 to 2022, the average annual rate of growth in terms of volume from the United States stood at -45.6%.

In value terms, the United States ($X) constituted the largest supplier of ethanal (acetaldehyde) to Canada.

From 2020 to 2022, the average annual growth rate of value from the United States stood at -44.8%.

Import Prices by Country

The average ethanal import price stood at $X per ton in 2022, which is down by -97.9% against the previous year. In general, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4,856% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced rapidly in the following year.

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

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to +1.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethanal (acetaldehyde) in the world?

China constituted the country with the largest volume of ethanal consumption, comprising approx. 25% of total volume. Moreover, ethanal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Pakistan ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of ethanal (acetaldehyde) in the world?

China constituted the country with the largest volume of ethanal production, accounting for 25% of total volume. Moreover, ethanal production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the leading suppliers of ethanal (acetaldehyde) to Canada?

In value terms, the United States constituted the largest supplier of ethanal to Canada.

What are the leading importers of ethanal (acetaldehyde) from Canada?

In value terms, Hong Kong SAR, Germany and Australia $197) appeared to be the largest markets for ethanal exported from Canada worldwide, with a combined 91% share of total exports.

What is the average export price for ethanal (acetaldehyde) in Canada?

In 2021, the average ethanal export price amounted to $635 per ton, shrinking by -68.8% against the previous year.

What is the average import price for ethanal (acetaldehyde) in Canada?

In 2021, the average ethanal import price amounted to $558 per ton, surging by 5.1% against the previous year.

This report provides an in-depth analysis of the ethanal 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 20146113 - Ethanal (acetaldehyde)

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