Price for Alkaloids, Vegetable; Caffeine and Its Salts in Canada - 2024

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Canada (CIF) - 2024

In January 2024, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $12,504 per ton, rising by 5.7% against the previous month. Overall, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 668% m-o-m. As a result, import price reached the peak level of $22,539 per ton. From November 2023 to January 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($29,930 per ton), while the price for China ($8,839 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 (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Canada (FOB) - 2024

The average export price for alkaloids, vegetable; caffeine and its saltses stood at $14,540 per ton in January 2024, declining by -46.8% against the previous month. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in December 2023 an increase of 115% against the previous month. The export price peaked at $28,947 per ton in April 2023; however, from May 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was the United States ($33,173 per ton), while the average price for exports to Brazil stood at $8,191 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%).

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Canada

Imports of alkaloids, vegetable; caffeine and its saltses into Canada soared to 235 tons in 2022, picking up by 19% against the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses reduced slightly to $3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $3.1M, and then dropped slightly in the following year.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	832	850	1,186	1,308	16.3%
China	649	807	1,443	1,180	22.1%
Germany	127	241	195	242	24.0%
Ireland	373	204	158	135	-28.7%
Others	39.4	39.4	114	95.0	34.1%
Total	2,020	2,142	3,096	2,959	13.6%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Canada in 2022:

United States (131.2 tons)
China (77.0 tons)
Germany (11.8 tons)
Ireland (11.6 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Canada

In 2022, the amount of alkaloids, vegetable; caffeine and its saltses exported from Canada dropped significantly to 111 tons, falling by -34.7% compared with the previous year's figure. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 170 tons, and then declined remarkably in the following year.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses soared to $2.1M in 2022. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.