Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $561 per ton, reducing by -3.7% against the previous year. In general, the import price recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 7% against the previous year. The import price peaked at $731 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($583 per ton), while the price for China ($561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $560 per ton in 2022, dropping by -12.6% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2013 an increase of 35% against the previous year. As a result, the export price reached the peak level of $1,265 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +86.7% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada

In 2022, the amount of acids; aromatic polycarboxylic acids; dimethyl terephthalates imported into Canada surged to 308 tons, rising by 43% against 2021 figures. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,057% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates soared to $172K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,138% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.23.21611072.0%
China70.77.793.59.6-48.6%
India19.12.227.8N/A20.6%
Others0.3N/A0.41.881.7%
Total90.310.112517224.0%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Canada in 2022:

  1. United States (287.2 tons)
  2. China (17.2 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada

In 2022, approx. 60 tons of acids; aromatic polycarboxylic acids; dimethyl terephthalates were exported from Canada; jumping by 46,722% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates soared to $34K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Canada (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
IndiaN/A33.50%
VietnamN/A0.10%
United States0.1N/A0%
OthersN/AN/A0%
Total0.133.633500.0%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Canada in 2022:

  1. India (59.8 tons)
  2. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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