Report Update Nov 1, 2024

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

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Canada: Ethanol Market 2024

Ethanol Market Size in Canada

In 2022, the Canadian ethanol market increased by 55% to $X, rising for the second year in a row after three years of decline. In general, consumption saw buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Ethanol Production in Canada

In value terms, ethanol production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt slump. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ethanol Exports

Exports from Canada

After three years of growth, shipments abroad of ethyl alcohol decreased by -8.8% to X litres in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at X litres in 2021, and then shrank in the following year.

In value terms, ethanol exports expanded modestly to $X in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 69%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X litres) was the main destination for ethanol exports from Canada, accounting for a 65% share of total exports. Moreover, ethanol exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X litres), threefold. France (X litres) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+102.2% per year) and France (+149.9% per year).

In value terms, the United States ($X) remains the key foreign market for ethyl alcohol exports from Canada, comprising 67% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 24% share of total exports. It was followed by France, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+122.9% per year) and France (+149.7% per year).

Export Prices by Country

The average ethanol export price stood at $X per litre in 2022, growing by 15% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per litre) and Nigeria ($X per litre), while the average price for exports to France ($X per litre) and Israel ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanol Imports

Imports into Canada

In 2022, overseas purchases of ethyl alcohol increased by 27% to X litres, rising for the second consecutive year after three years of decline. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +117.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, ethanol imports skyrocketed to $X in 2022. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the United States (X litres) was the main ethanol supplier to Canada, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +3.2%.

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

From 2012 to 2022, the average annual growth rate of value from the United States totaled +7.0%.

Import Prices by Country

The average ethanol import price stood at $X per litre in 2022, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl alcohol in the world?

The countries with the highest volumes of ethanol consumption in 2021 were Brazil, the United States and China, together comprising 66% of global consumption. India, Canada, Pakistan and Indonesia lagged somewhat behind, together comprising a further 10%.

What are the largest producers of ethyl alcohol in the world?

The countries with the highest volumes of ethanol production in 2021 were Brazil, the United States and China, with a combined 75% share of global production.

What are the leading suppliers of ethyl alcohol to Canada?

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

What are the leading importers of ethyl alcohol from Canada?

In value terms, the United States remains the key foreign market for ethanol exports from Canada, comprising 65% of total exports. The second position in the ranking was occupied by the Netherlands, with a 21% share of total exports. It was followed by Nigeria, with a 5.4% share.

What is the average export price for ethyl alcohol in Canada?

The average ethanol export price stood at $1,077 per ton in 2021, approximately equating the previous year.

What is the average import price for ethyl alcohol in Canada?

In 2021, the average ethanol import price amounted to $720 per ton, waning by -36.3% against the previous year.

This report provides an in-depth analysis of the ethanol 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 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
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