Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada - 2024

Contents:

  1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (CIF) - 2024
  2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (FOB) - 2022
  3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada
  4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (CIF) - 2024

In January 2024, the average import price for imides and their derivatives; other kinds, excluding saccharins amounted to $7,042 per ton, falling by -21.2% against the previous month. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 77% month-to-month. Over the period under review, average import prices attained the peak figure at $33,494 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($61,479 per ton), while the price for the UK ($3,657 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 India (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (FOB) - 2022

The average export price for imides and their derivatives; other kinds, excluding saccharins stood at $12,484 per ton in 2022, jumping by 36% against the previous year. In general, export price indicated a pronounced expansion 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, export price for imides and their derivatives; other kinds, excluding saccharins increased by +84.7% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. The export price peaked 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 ($21,796 per ton), while the average price for exports to Germany ($5,420 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 South Korea (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada

In 2022, overseas purchases of imides and their derivatives; other kinds, excluding saccharins decreased by -15.1% to 144 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 169 tons, and then declined significantly in the following year.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins expanded slightly to $2.7M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India23814934481050.4%
Italy22.4127450511183.6%
United Kingdom4.0162210350344.0%
United States3073301,089300-0.8%
China25.3196137222106.3%
Japan205198203181-4.1%
Netherlands46129870.1164-29.1%
Germany11856.170.593.0-7.6%
Others6.38.860.9102153.0%
Total1,3861,5262,6342,73225.4%

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Canada in 2022:

  1. India (52.2 tons)
  2. United Kingdom (28.7 tons)
  3. Italy (19.8 tons)
  4. United States (17.6 tons)
  5. China (8.4 tons)
  6. Japan (6.6 tons)
  7. Germany (4.2 tons)
  8. Netherlands (3.5 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada

Exports of imides and their derivatives; other kinds, excluding saccharins from Canada fell remarkably to 16 tons in 2022, with a decrease of -39.6% against the previous year. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 61%.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins shrank sharply to $197K in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports attained the peak of $240K, and then declined rapidly in the following year.

Export of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States69.596.093.514828.7%
Germany14265.611234.0-37.9%
South KoreaN/A0.60.65.0188.7%
India9.6N/A0.12.9-32.9%
China6.64.94.12.8-24.9%
Japan2.21.614.72.31.5%
Hong Kong SAR6.56.16.60.2-68.7%
Others1.53.38.61.74.3%
Total238178240197-6.1%

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Canada in 2022:

  1. United States (6.8 tons)
  2. Germany (6.3 tons)
  3. South Korea (0.9 tons)
  4. India (0.5 tons)
  5. China (0.5 tons)
  6. Japan (0.4 tons)

Source: IndexBox Market Intelligence Platform

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