Canada: Methylamine Market 2024

Methylamine Market Size in Canada

The Canadian methylamine market reduced modestly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, recorded a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Methylamine Production in Canada

In value terms, methylamine production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Methylamine Exports

Exports from Canada

After two years of growth, shipments abroad of methylamine, di- or trimethylamine and their salts decreased by X% to X tons in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined sharply in the following year.

In value terms, methylamine exports declined significantly to $X in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for methylamine exports from Canada, accounting for a X% share of total exports. Moreover, methylamine exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was taken by South Korea (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Taiwan (Chinese) amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, the largest markets for methylamine exported from Canada were Taiwan (Chinese) ($X), the United States ($X) and South Korea ($X), together accounting for X% of total exports. Japan and Germany lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, 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 methylamine export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced mixed trend patterns.

Methylamine Imports

Imports into Canada

In 2022, purchases abroad of methylamine, di- or trimethylamine and their salts increased by X% to X tons, rising for the fourth year in a row after five years of decline. Overall, imports, however, saw a abrupt downturn. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, methylamine imports soared to $X in 2022. Over the period under review, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and India (X tons) were the main suppliers of methylamine imports to Canada, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the United States ($X) and India ($X) constituted the largest methylamine suppliers to Canada, together comprising X% of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average methylamine import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price, however, saw a strong increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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