Canada: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Canada

For the fourth consecutive year, the Canadian trichloroethylene and tetrachloroethylene market recorded decline in sales value, which decreased by -1.1% to $X in 2021. In general, consumption showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.6%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Canada

For the fifth consecutive year, Canada recorded decline in shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene), which decreased by -30.1% to X tons in 2021. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2016 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports surged to $X in 2021. Overall, exports continue to indicate a deep slump. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Canada, with a 94% share of total exports. Moreover, trichloroethylene and tetrachloroethylene exports to the United States exceeded the volume sent to the second major destination, Cuba (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -15.7%.

In value terms, the United States ($X) remains the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Canada, comprising 98% of total exports. The second position in the ranking was taken by Cuba ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -11.9%.

Export Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene export price amounted to $X per ton, surging by 92% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Cuba totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%).

Trichloroethylene And Tetrachloroethylene Imports

Imports into Canada

In 2021, overseas purchases of trichloroethylene and tetrachloroethylene (perchloroethylene) decreased by -17.1% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 6.9% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports totaled $X in 2021. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 8.8% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of trichloroethylene and tetrachloroethylene to Canada, with a 77% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was taken by the Czech Republic (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.3% per year) and the Czech Republic (-0.7% per year).

In value terms, the United States ($X) constituted the largest supplier of trichloroethylene and tetrachloroethylene (perchloroethylene) to Canada, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by the Czech Republic, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.4% per year) and the Czech Republic (-4.4% per year).

Import Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene import price amounted to $X per ton, picking up by 23% against the previous year. Overall, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 47%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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