Price for Salts of Oxometallic or Peroxometallic Acids in Canada - 2023

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Canada (CIF) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Canada (FOB) - 2022
3. Imports of Salts of Oxometallic or Peroxometallic Acids in Canada
4. Exports of Salts of Oxometallic or Peroxometallic Acids in Canada

Price for Salts of Oxometallic or Peroxometallic Acids in Canada (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $1,155 per ton in 2022, dropping by -2.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum at $1,216 per ton in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,701 per ton), while the price for Chile ($920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salts of Oxometallic or Peroxometallic Acids in Canada (FOB) - 2022

In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $5,921 per ton, with an increase of 17% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for salts of oxometallic or peroxometallic acidses increased by +106.1% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 84%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,377 per ton), while the average price for exports to Mexico ($3,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.4%), while the prices for the other major destinations experienced a decline.

Imports of Salts of Oxometallic or Peroxometallic Acids in Canada

In 2022, imports of salts of oxometallic or peroxometallic acidses into Canada soared to 23K tons, growing by 27% compared with 2021. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of salts of oxometallic or peroxometallic acidses surged to $26M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Canada in 2022:

1. United States (17.5K tons)
2. Chile (3.8K tons)
3. China (0.8K tons)
4. Germany (0.2K tons)
5. South Africa (0.1K tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Canada

In 2022, approx. 2.5K tons of salts of oxometallic or peroxometallic acidses were exported from Canada; which is down by -19% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 51%. As a result, the exports reached the peak of 3.1K tons, and then dropped notably in the following year.

In value terms, exports of salts of oxometallic or peroxometallic acidses declined slightly to $15M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57%. As a result, the exports reached the peak of $16M, and then dropped slightly in the following year.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Canada in 2022:

1. United States (2073.3 tons)
2. Mexico (245.6 tons)
3. Germany (200.4 tons)

Source: IndexBox Market Intelligence Platform