Cyclic Hydrocarbons; M-Xylene Price in Canada - 2023
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Canada (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Price in Canada (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Exports in Canada
- Cyclic Hydrocarbons; M-Xylene Imports in Canada
Cyclic Hydrocarbons; M-Xylene Price in Canada (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $1,349 per ton in 2022, waning by -7% against the previous year. Over the period under review, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 an increase of 23%. As a result, the export price attained the peak level of $1,450 per ton, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +22.2% per year.
Cyclic Hydrocarbons; M-Xylene Price in Canada (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $2,208 per ton, which is down by -2.7% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 229% against the previous year. Over the period under review, average import prices attained the maximum at $11,195 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,117 per ton), while the price for Japan ($782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.3%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons; M-Xylene Exports in Canada
Cyclic hydrocarbons; m-xylene exports from Canada expanded slightly to 143 tons in 2022, surging by 3.3% compared with the previous year. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 733% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, cyclic hydrocarbons; m-xylene exports declined to $193K in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 921%. As a result, the exports reached the peak of $201K, and then dropped in the following year.
| Export of Cyclic Hydrocarbons; M-Xylene in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 19.7 | 200 | 193 | 213.0% | |
| Others | N/A | 0.8 | N/A | 0% | |
| Total | 19.7 | 201 | 193 | 213.0% | |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from Canada in 2022:
- United States (143.2 tons)
Cyclic Hydrocarbons; M-Xylene Imports in Canada
In 2022, supplies from abroad of cyclic hydrocarbons; m-xylenes increased by 141% to 3.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant decline.
In value terms, cyclic hydrocarbons; m-xylene imports soared to $7.6K in 2022. Over the period under review, imports, however, faced a sharp decrease.
| Import of Cyclic Hydrocarbons; M-Xylene in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 74.3 | 17.2 | 3.2 | 6.6 | -55.4% |
| Switzerland | 0.3 | 0.1 | N/A | 0.4 | 10.1% |
| Japan | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | N/A | 0.6 | 81.7% |
| Total | 74.9 | 17.5 | 3.2 | 7.6 | -53.4% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Canada in 2022:
- United States (3129.0 kg)
- Switzerland (212.0 kg)
- Japan (78.0 kg)
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