Canada: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Canada

In 2021, the Canadian mixed alkylbenzenes, mixed alkylnaphthalenes market decreased by -12.8% to $X, falling for the third year in a row after two years of growth. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Canada

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 12%. Over the period under review, production reached the peak level at $X in 2020, and then fell modestly in the following year.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Canada

In 2021, shipments abroad of mixed alkylbenzenes, mixed alkylnaphthalenes decreased by -6.6% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +27.8% against 2017 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports surged to $X in 2021. The total export value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons), the United States (X tons) and Spain (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from Canada, together comprising 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +20.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from Canada were Mexico ($X), the United States ($X) and Spain ($X), together comprising 100% of total exports.

Spain, with a CAGR of +17.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, picking up by 36% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Canada

In 2021, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were imported into Canada; picking up by 9.9% compared with 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 197% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 71% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and Saudi Arabia (X tons) were the main suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes imports to Canada, with a combined 87% share of total imports. Qatar, South Korea, Mexico and India lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +182.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Canada, comprising 48% of total imports. The second position in the ranking was held by Italy ($X), with a 21% share of total imports. It was followed by Saudi Arabia, with a 20% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.8% per year) and Saudi Arabia (+104.3% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, rising by 25% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 39%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :