Canada - Saccharin And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSaccharin Price in Canada - 2023
Contents:
- Saccharin Price in Canada (CIF) - 2022
- Saccharin Price in Canada (FOB) - 2022
- Saccharin Imports in Canada
- Saccharin Exports in Canada
Saccharin Price in Canada (CIF) - 2022
In 2022, the average saccharin import price amounted to $8,757 per ton, rising by 13% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saccharin import price increased by +63.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11,407 per ton), while the price for India ($2,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Saccharin Price in Canada (FOB) - 2022
In 2022, the average saccharin export price amounted to $5,737 per ton, with a decrease of -23.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $7,536 per ton, and then declined dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,380 per ton), while the average price for exports to China ($4,729 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 Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.
Saccharin Imports in Canada
In 2022, purchases abroad of saccharin and its salts decreased by -31.4% to 313 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 149%. As a result, imports reached the peak of 457 tons, and then declined rapidly in the following year.
In value terms, saccharin imports dropped remarkably to $2.7M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 261%. As a result, imports reached the peak of $3.5M, and then dropped notably in the following year.
Import of Saccharin in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 368 | 571 | 2,645 | 2,471 | 88.7% |
South Korea | 213 | 205 | 193 | 190 | -3.7% |
United States | 75.4 | 157 | 109 | 73.5 | -0.8% |
Switzerland | 43.2 | 37.7 | N/A | 0.7 | -74.7% |
Netherlands | N/A | N/A | 598 | N/A | 0% |
Others | 14.4 | 11.7 | 1.3 | 6.5 | -23.3% |
Total | 715 | 983 | 3,547 | 2,742 | 56.5% |
Top Suppliers of Saccharin to Canada in 2022:
- China (286.2 tons)
- South Korea (16.7 tons)
- United States (8.8 tons)
- Switzerland (0.2 tons)
Saccharin Exports in Canada
In 2022, saccharin exports from Canada reached 28 tons, rising by 12% on the year before. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, saccharin exports reduced to $162K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +28.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, the exports attained the peak of $190K, and then fell in the following year.
Export of Saccharin in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 99.3 | 86.1 | 70.1 | 86.6 | -4.5% |
United States | 27.1 | 50.1 | 111 | 52.1 | 24.3% |
China | N/A | N/A | N/A | 17.4 | 0% |
Netherlands | N/A | N/A | 3.0 | 3.4 | 13.3% |
Others | N/A | 4.5 | 5.0 | 2.5 | -25.5% |
Total | 126 | 141 | 190 | 162 | 8.7% |
Top Export Markets for Saccharin from Canada in 2022:
- Hong Kong SAR (17.8 tons)
- United States (5.5 tons)
- China (3.7 tons)
- Netherlands (0.7 tons)
This report provides an in-depth analysis of the saccharin market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144320 - Saccharin and its salts
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the saccharin market in Canada.
This report provides an in-depth analysis of the imines market in Canada.
This report provides an in-depth analysis of the global saccharin market.
This report provides an in-depth analysis of the global imines market.
This report provides an in-depth analysis of the saccharin market in Canada.
This report provides an in-depth analysis of the imines market in Canada.
This report provides an in-depth analysis of the global saccharin market.
This report provides an in-depth analysis of the global imines market.
In February 2023, the saccharin price amounted to $8,274 per ton (CIF, Canada), increasing by 31% against the previous month.
In February 2023, the saccharin price amounted to $8,274 per ton (CIF, Canada), increasing by 31% against the previous month.