Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada (FOB) - 2022
- Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada (FOB) - 2022
The average export price for acids; naphthenic acids, their water-insoluble salts and their esterses stood at $4,875 per ton in 2022, with an increase of 3.7% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2016 when the average export price increased by 24% against the previous year. The export price peaked at $6,803 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to -3.3% per year.
Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada
In 2022, shipments abroad of acids; naphthenic acids, their water-insoluble salts and their esterses was finally on the rise to reach 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decrease.
In value terms, exports of acids; naphthenic acids, their water-insoluble salts and their esterses expanded notably to $16K in 2022. In general, exports, however, continue to indicate a abrupt descent.
| Export of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 22.3 | 18.1 | 14.7 | 16.4 | -9.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.3 | 18.1 | 14.7 | 16.4 | -9.7% |
Top Export Markets for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters from Canada in 2022:
- Philippines (3.4 tons)
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