Chlorates; of Sodium Price in Canada - 2023
Contents:
- Chlorates; of Sodium Price in Canada (FOB) - 2023
- Chlorates; of Sodium Price in Canada (CIF) - 2022
- Chlorates; of Sodium Exports in Canada
- Chlorates; of Sodium Imports in Canada
Chlorates; of Sodium Price in Canada (FOB) - 2023
In September 2023, the average chlorates; of sodium export price amounted to $656 per ton, surging by 5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2023 an increase of 13% m-o-m. Over the period under review, the average export prices attained the peak figure at $682 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to Japan ($866 per ton) and Portugal ($851 per ton), while the average price for exports to Brazil ($597 per ton) and the United States ($597 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorates; of Sodium Price in Canada (CIF) - 2022
In 2022, the average chlorates; of sodium import price amounted to $1,478 per ton, dropping by -6.7% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 72% against the previous year. Over the period under review, average import prices hit record highs at $1,584 per ton in 2021, and then fell in the following year.
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 the United States ($1,917 per ton), while the price for China ($450 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced a decline.
Chlorates; of Sodium Exports in Canada
In 2022, the amount of chlorates; of sodia exported from Canada fell modestly to 445K tons, waning by -2.1% on the previous year. In general, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 7%.
In value terms, chlorates; of sodium exports rose to $239M in 2022. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 5.8% against the previous year.
| Export of Chlorates; of Sodium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 240 | 181 | 171 | 162 | -12.3% |
| Japan | 25.7 | 21.2 | 31.4 | 31.7 | 7.2% |
| Portugal | 5.8 | 5.5 | 6.8 | 12.0 | 27.4% |
| Brazil | N/A | N/A | N/A | 9.7 | 0% |
| Australia | 6.6 | 5.9 | 7.8 | 5.9 | -3.7% |
| Thailand | 1.8 | 2.0 | 4.2 | 5.0 | 40.6% |
| Others | 5.1 | 5.8 | 13.7 | 12.9 | 36.3% |
| Total | 285 | 222 | 235 | 239 | -5.7% |
Top Export Markets for Chlorates; of Sodium from Canada in 2022:
- United States (316.7K tons)
- Japan (53.1K tons)
- Portugal (23.1K tons)
- Brazil (15.5K tons)
- Australia (10.3K tons)
- Thailand (8.3K tons)
Chlorates; of Sodium Imports in Canada
For the third consecutive year, Canada recorded decline in purchases abroad of chlorates; of sodia, which decreased by -7.2% to 846 tons in 2022. In general, imports faced a dramatic decline.
In value terms, chlorates; of sodium imports shrank to $1.3M in 2022. Overall, imports continue to indicate a significant decrease. The smallest decline of -3.2% was in 2021.
| Import of Chlorates; of Sodium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,416 | 1,484 | 1,437 | 1,126 | -22.5% |
| China | 0.7 | N/A | N/A | 87.7 | 400.4% |
| United Kingdom | 1,257 | 2.4 | 3.6 | 34.5 | -69.8% |
| Others | 8.9 | 5.9 | 3.1 | 1.9 | -40.2% |
| Total | 3,682 | 1,492 | 1,444 | 1,250 | -30.2% |
Top Suppliers of Chlorates; of Sodium to Canada in 2022:
- United States (587.3 tons)
- China (194.8 tons)
- United Kingdom (61.5 tons)
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