Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada - 2024
Contents:
- Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (CIF) - 2024
- Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (FOB) - 2024
- Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada
- Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada
Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (CIF) - 2024
The average import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks stood at $1,836 per ton in January 2024, remaining stable against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 26% against the previous month. Over the period under review, average import prices hit record highs at $2,359 per ton in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Sri Lanka ($3,779 per ton), while the price for Mexico ($575 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 Sri Lanka (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (FOB) - 2024
In January 2024, the average export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $3,927 per ton, jumping by 52% against the previous month. Over the period under review, export price indicated a perceptible increase from January 2023 to January 2024: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks increased by +60.1% against November 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 75% against the previous month. As a result, the export price reached the peak level of $4,769 per ton. From June 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($4,261 per ton), while the average price for exports to Germany ($491 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada
In 2022, approx. 54K tons of activated carbon; activated natural mineral products; animal black, including spent animal blacks were imported into Canada; growing by 3.4% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 9.1% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks soared to $100M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.2 | 43.6 | 47.3 | 57.6 | 7.6% |
| India | 7.5 | 5.0 | 9.9 | 11.3 | 14.6% |
| China | 6.3 | 5.6 | 4.2 | 7.8 | 7.4% |
| Philippines | 4.9 | 3.3 | 3.6 | 5.2 | 2.0% |
| Mexico | 4.9 | 3.6 | 4.3 | 4.3 | -4.3% |
| Sri Lanka | 1.5 | 1.1 | 2.6 | 2.6 | 20.1% |
| Others | 6.4 | 7.3 | 10.5 | 11.6 | 21.9% |
| Total | 77.5 | 69.5 | 82.3 | 100 | 8.9% |
Top Suppliers of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black to Canada in 2022:
- United States (35.4K tons)
- Mexico (7.6K tons)
- India (3.8K tons)
- China (2.2K tons)
- Philippines (1.7K tons)
- Sri Lanka (0.9K tons)
Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada
Exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks from Canada surged to 11K tons in 2022, with an increase of 25% on the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks soared to $27M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.8 | 16.0 | 17.0 | 17.6 | 11.2% |
| China | 0.9 | 1.2 | 1.9 | 3.7 | 60.2% |
| United Kingdom | 0.7 | 0.6 | 0.7 | 1.5 | 28.9% |
| India | 0.1 | 0.2 | 0.3 | 1.3 | 135.1% |
| South Korea | 0.9 | 0.8 | 0.8 | 1.2 | 10.1% |
| Singapore | 0.4 | 0.3 | 0.4 | 0.8 | 26.0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Brazil | 0.1 | 0.5 | N/A | 0.1 | 0.0% |
| Others | 0.5 | 0.6 | 0.9 | 0.5 | 0.0% |
| Total | 16.4 | 20.1 | 21.9 | 26.8 | 17.8% |
Top Export Markets for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black from Canada in 2022:
- United States (8.4K tons)
- China (0.8K tons)
- Germany (0.4K tons)
- India (0.3K tons)
- United Kingdom (0.3K tons)
- South Korea (0.3K tons)
- Singapore (0.2K tons)
- Brazil (0.1K tons)
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