Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada - 2024

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (CIF) - 2024
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (CIF) - 2024

In January 2024, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,217 per ton, rising by 30% against the previous month. In general, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in March 2023 an increase of 200% month-to-month. As a result, import price reached the peak level of $4,125 per ton. From April 2023 to January 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,157 per ton), while the price for China ($918 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $549 per ton, shrinking by -20% against the previous year. Over the period under review, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 196%. As a result, the export price attained the peak level of $1,852 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($669 per ton), while the average price for exports to the United States stood at $509 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%).

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada

In 2022, approx. 11K tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were imported into Canada; increasing by 120% on 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $12M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.22.43.16.241.3%
Spain1.71.11.13.931.9%
IndiaN/A0.20.20.9112.1%
FranceN/AN/A0.10.7600.0%
United States0.20.20.40.20.0%
OthersN/A0.1N/A0.10.0%
Total4.33.94.912.141.2%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Canada in 2022:

  1. Spain (5.0K tons)
  2. China (4.5K tons)
  3. India (0.6K tons)
  4. France (0.4K tons)
  5. United States (0.1K tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada

In 2022, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -18.7% to 813 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,599%. As a result, the exports attained the peak of 3.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses contracted remarkably to $446K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 962%. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18911311831118.1%
China1.71,914510126320.1%
Others0.30.458.89.5216.4%
Total1912,02768744632.7%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Canada in 2022:

  1. United States (610.3 tons)
  2. China (188.4 tons)

Source: IndexBox Market Intelligence Platform

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