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Canada - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCaustic Soda Price in Canada - 2023
Contents:
- Caustic Soda Price in Canada (CIF) - 2022
- Caustic Soda Price in Canada (FOB) - 2023
- Caustic Soda Imports in Canada
- Caustic Soda Exports in Canada
Caustic Soda Price in Canada (CIF) - 2022
The average caustic soda import price stood at $454 per ton in 2022, with an increase of 33% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, caustic soda import price increased by +61.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($758 per ton), while the price for Taiwan (Chinese) ($147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Caustic Soda Price in Canada (FOB) - 2023
The average caustic soda export price stood at $818 per ton in June 2023, declining by -7.8% against the previous month. Over the period under review, the export price showed a noticeable setback. The growth pace was the most rapid in May 2023 when the average export price increased by 40% against the previous month. Over the period under review, the average export prices hit record highs at $1,089 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -2.4% per month.
Caustic Soda Imports in Canada
In 2022, after two years of decline, there was growth in overseas purchases of caustic soda, when their volume increased by 4.9% to 607K tons. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, caustic soda imports soared to $276M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Caustic Soda in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 160 | 164 | 142 | 207 | 9.0% |
Taiwan (Chinese) | 47.6 | 31.2 | 36.1 | 39.2 | -6.3% |
China | 3.4 | 2.2 | 5.6 | 11.7 | 51.0% |
Netherlands | 2.6 | 5.2 | 9.5 | 4.5 | 20.1% |
Others | 4.5 | 7.0 | 3.7 | 13.4 | 43.9% |
Total | 218 | 210 | 197 | 276 | 8.2% |
Top Suppliers of Caustic Soda to Canada in 2022:
- United States (297.1K tons)
- Taiwan (Chinese) (266.5K tons)
- China (15.4K tons)
- Netherlands (10.1K tons)
Caustic Soda Exports in Canada
Caustic soda exports from Canada fell notably to 57K tons in 2022, waning by -26.9% on the previous year's figure. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of 78K tons, and then reduced sharply in the following year.
In value terms, caustic soda exports rose markedly to $45M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Export of Caustic Soda in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 32.0 | 25.6 | 39.8 | 43.3 | 10.6% |
Japan | N/A | N/A | N/A | 1.3 | 0% |
Indonesia | N/A | N/A | 2.3 | N/A | 0% |
Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
Total | 32.1 | 25.7 | 42.2 | 44.7 | 11.7% |
Top Export Markets for Caustic Soda from Canada in 2022:
- United States (51.7K tons)
- Japan (5.0K tons)
This report provides an in-depth analysis of the caustic soda 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 20132525 - Sodium hydroxide (caustic soda), solid
- Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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
- Find deeper insights into current market developments
- 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
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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