Report Update Nov 1, 2024

Canada - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Canada: O-Xylene Market 2024

O-Xylene Market Size in Canada

The Canadian o-xylene market surged to $X in 2022, with an increase of 61% against the previous year. In general, consumption, however, showed a pronounced setback. O-xylene consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

O-Xylene Production in Canada

In value terms, o-xylene production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced slump. The growth pace was the most rapid in 2018 when the production volume increased by 3.5%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

O-Xylene Exports

Exports from Canada

In 2022, approx. X tons of o-xylene were exported from Canada; dropping by -20.3% on 2021. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +8.0% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 43% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, o-xylene exports declined remarkably to $X in 2022. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for o-xylene exports from Canada, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +1.5%.

In value terms, the United States ($X) also remains the key foreign market for o-xylene exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -5.8%.

Export Prices by Country

The average o-xylene export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, 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 -7.1% per year.

O-Xylene Imports

Imports into Canada

In 2022, purchases abroad of o-xylene increased by 34% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 1,379%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, o-xylene imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 1,393%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main o-xylene supplier to Canada, accounting for a 91% share of total imports. Moreover, o-xylene imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The UK (X kg) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.5% per year) and the UK (+56.4% per year).

In value terms, the United States ($X) constituted the largest supplier of o-xylene to Canada, comprising 88% of total imports. The second position in the ranking was taken by Germany ($X), with a 5.3% share of total imports. It was followed by the UK, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.9% per year) and the UK (+44.8% per year).

Import Prices by Country

The average o-xylene import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a deep contraction. The growth pace was the most rapid in 2017 when the average import price increased by 7.6%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, with a combined 33% share of global consumption. Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, with a combined 45% share of global production.

What are the leading suppliers of o-xylene to Canada?

In value terms, the United States constituted the largest supplier of o-xylene to Canada, comprising 87% of total imports. The second position in the ranking was occupied by Germany, with a 10% share of total imports.

What are the leading importers of o-xylene from Canada?

In value terms, the United States remains the key foreign market for o-xylene exports from Canada.

What is the average export price for o-xylene in Canada?

In 2021, the average o-xylene export price amounted to $719 per ton, growing by 11% against the previous year.

What is the average import price for o-xylene in Canada?

The average o-xylene import price stood at $2,064 per ton in 2021, dropping by -9.1% against the previous year.

This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene

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
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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
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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