Melamine Price per Ton June 2022

U.S. Melamine Import Price per Ton June 2022

In June 2022, the melamine price per ton stood at $3,182 (CIF, US), shrinking by -10.1% against the previous month. Over the last five-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in May 2022 an increase of 7.2% m-o-m. As a result, import price attained the peak level of $3,540 per ton, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Trinidad and Tobago ($3,751 per ton), while the price for India ($1,492 per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Melamine Imports

In June 2022, the amount of melamine imported into the United States reduced to 3.4K tons, waning by -8.3% on the previous month's figure. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in May 2022 with an increase of 124% against the previous month. As a result, imports reached the peak of 3.7K tons, and then fell in the following month.

In value terms, melamine imports shrank dramatically to $11M (IndexBox estimates) in June 2022. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in May 2022 when imports increased by 141% m-o-m. As a result, imports reached the peak of $13M, and then contracted sharply in the following month.

U.S. Melamine Imports by Country

The Netherlands (1.3K tons), Trinidad and Tobago (1.2K tons) and India (586 tons) were the main suppliers of melamine imports to the United States, together accounting for 91% of total imports.

From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +33.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Trinidad and Tobago ($4.5M), the Netherlands ($4.2M) and Germany ($1.2M) constituted the largest melamine suppliers to the United States, with a combined 92% share of total imports.

The Netherlands, with a CAGR of +37.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform