
U.S. - Natural And Modified Natural Polymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
U.S. Natural Polymer Price Falls Sharply to $7.4K per Ton
U.S. Natural Polymers Export Price per Ton in August 2022
In August 2022, the natural polymers price per ton stood at $7.4K (FOB, US), dropping by -9.7% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in May 2022 an increase of 33% m-o-m. As a result, the export price attained the peak level of $8.7K per ton. From June 2022 to August 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was the Netherlands ($11.2K per ton), while the average price for exports to Chile ($1.7K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Natural Polymers Exports
In August 2022, the amount of natural and modified natural polymers in primary forms exported from the United States surged to 4.5K tons, increasing by 29% compared with the month before. The total export volume increased at an average monthly rate of +1.4% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 with an increase of 37% month-to-month.
In value terms, natural polymers exports soared to $33M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +4.4% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2022 when exports increased by 34% against the previous month.
U.S. Natural Polymers Exports by Country
Japan (813 tons), Mexico (609 tons) and Canada (503 tons) were the main destinations of natural polymers exports from the United States, with a combined 43% share of total exports. These countries were followed by the Netherlands, China, Chile, Kuwait, Peru, Brazil, the Philippines, Australia, Thailand, Singapore and Spain, which together accounted for a further 45%.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +28.1%), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($6.9M), the Netherlands ($4.3M) and Canada ($3.5M) were the largest markets for natural polymers exported from the United States worldwide, with a combined 44% share of total exports. These countries were followed by China, Mexico, Brazil, Kuwait, Thailand, the Philippines, Australia, Chile, Peru, Singapore and Spain, which together accounted for a further 33%.
Kuwait, with a CAGR of +28.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the natural polymers market in the U.S.. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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