Canada: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Canada

The Canadian oxygen-function amino-compound market skyrocketed to $X in 2021, growing by 24% against the previous year. The market value increased at an average annual rate of +6.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Oxygen-Function Amino-Compound Production in Canada

In value terms, oxygen-function amino-compound production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 251% against the previous year. Oxygen-function amino-compound production peaked at $X in 2020, and then fell in the following year.

Oxygen-Function Amino-Compound Exports

Exports from Canada

In 2021, after seven years of growth, there was significant decline in overseas shipments of oxygen-function amino-compounds, when their volume decreased by -32.3% to X tons. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when exports increased by 47%. The exports peaked at X tons in 2020, and then contracted significantly in the following year.

In value terms, oxygen-function amino-compound exports contracted markedly to $X in 2021. Over the period under review, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 102% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then fell sharply in the following year.

Exports by Country

The United States (X tons) was the main destination for oxygen-function amino-compound exports from Canada, with a 65% share of total exports. Moreover, oxygen-function amino-compound exports to the United States exceeded the volume sent to the second major destination, India (X tons), eightfold. The third position in this ranking was held by France (X tons), with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+23.5% per year) and France (+73.0% per year).

In value terms, the United States ($X) remains the key foreign market for oxygen-function amino-compounds exports from Canada, comprising 51% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports. It was followed by India, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+77.2% per year) and India (+23.1% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, growing by 7.2% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2016 an increase of 41%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 China (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Oxygen-Function Amino-Compound Imports

Imports into Canada

Oxygen-function amino-compound imports into Canada surged to X tons in 2021, growing by 29% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest oxygen-function amino-compound supplier to Canada, with a 79% share of total imports. Moreover, oxygen-function amino-compound imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.6% per year) and Germany (-9.7% per year).

In value terms, the United States ($X) constituted the largest supplier of oxygen-function amino-compounds to Canada, comprising 57% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.4% per year) and Germany (-4.7% per year).

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, increasing by 6.1% against the previous year. In general, the import price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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