Canada: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Canada

The Canadian cyclanic, cyclenic hydrocarbons derivatives market surged to $X in 2022, with an increase of 114% against the previous year. In general, consumption, however, saw a abrupt descent. Cyclanic, cyclenic hydrocarbons derivatives consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Canada

In value terms, cyclanic, cyclenic hydrocarbons derivatives production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume decreased by 99.9% against the previous year. Cyclanic, cyclenic hydrocarbons derivatives production peaked in 2022 and is expected to retain growth in years to come.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Canada

In 2022, overseas shipments of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by -7% to X tons, falling for the second consecutive year after four years of growth. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,235%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports fell remarkably to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 830% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Canada, with a 47% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to Germany exceeded the volume sent to the second major destination, Taiwan (Chinese) (X kg), fourfold. The third position in this ranking was held by the United States (X kg), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +273.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+278.7% per year) and the United States (+0.9% per year).

In value terms, Germany ($X) remains the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Canada, comprising 47% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 13% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +190.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+336.0% per year) and the United States (-2.4% per year).

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, with a decrease of -17% against the previous year. Over the period under review, the export price showed a pronounced contraction. The growth pace was the most rapid in 2018 when the average export price increased by 78% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Switzerland ($X per ton), while the average price for exports to South Korea ($X per ton) and the UK ($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 South Korea (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Canada

In 2022, imports of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons into Canada skyrocketed to X tons, picking up by 78% compared with the previous year. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by 278% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 327%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main cyclanic, cyclenic hydrocarbons derivatives supplier to Canada, with a 94% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled -1.6%.

In value terms, the United States ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Canada, comprising 95% of total imports. The second position in the ranking was held by China ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +2.9%.

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, rising by 10% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclanic, cyclenic hydrocarbons derivatives import price increased by +75.4% against 2014 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%).

Source: IndexBox Platform

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