Report Update Nov 1, 2024

Canada - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Rare Gases Market 2024

Rare Gases Exports

Exports from Canada

In 2022, after two years of growth, there was significant decline in shipments abroad of rare gases (excluding argon), when their volume decreased by -6.7% to X cubic meters. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 495% against the previous year. As a result, the exports attained the peak of X cubic meters, and then dropped in the following year.

In value terms, rare gases exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 428% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X cubic meters) was the main destination for rare gases exports from Canada, with a 100% share of total exports. It was followed by the UK (X cubic meters), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +85.6%.

In value terms, the United States ($X) remains the key foreign market for rare gases (excluding argon) exports from Canada, comprising 100% of total exports. The second position in the ranking was taken by the UK ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +96.9%.

Export Prices by Country

The average rare gases export price stood at $X per cubic meter in 2022, with an increase of 72% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to the UK totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Gases Imports

Imports into Canada

In 2022, the amount of rare gases (excluding argon) imported into Canada reduced notably to X cubic meters, declining by -16% against the year before. Overall, imports, however, showed temperate growth. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports reached the peak of X cubic meters, and then contracted remarkably in the following year.

In value terms, rare gases imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 16%. Over the period under review, imports attained the maximum at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, the United States (X cubic meters) was the main supplier of rare gases to Canada, with a 90% share of total imports. Moreover, rare gases imports from the United States exceeded the figures recorded by the second-largest supplier, China (X cubic meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +3.6%.

In value terms, the United States ($X) constituted the largest supplier of rare gases (excluding argon) to Canada, comprising 94% of total imports. The second position in the ranking was taken by China ($X), with a 4.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +1.5%.

Import Prices by Country

The average rare gases import price stood at $X per cubic meter in 2022, surging by 10% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 58%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for China totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, together comprising 43% of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, together accounting for 44% of global production.

What are the leading suppliers of rare gases (excluding argon) to Canada?

In value terms, the United States constituted the largest supplier of rare gases to Canada, comprising 95% of total imports. The second position in the ranking was occupied by China, with a 4% share of total imports.

What are the leading importers of rare gases (excluding argon) from Canada?

In value terms, the United States remains the key foreign market for rare gases exports from Canada, comprising 90% of total exports. The second position in the ranking was occupied by the UK, with a 9.8% share of total exports.

What is the average export price for rare gases (excluding argon) in Canada?

In 2021, the average rare gases export price amounted to $44 per cubic meter, falling by -9% against the previous year.

What is the average import price for rare gases (excluding argon) in Canada?

The average rare gases import price stood at $4.3 per cubic meter in 2021, growing by 2.1% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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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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
How to outsource production to other countries
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