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U.S. - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Article Publishing Date: Apr 13, 2021

Cut in Production Royalty Rate to Support American Soda Ash Producers

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IndexBox has just published a new report: 'U.S. - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The fall in the production and consumption of soda ash (sodium carbonate) on the American market was precipitated by the declining demand in the consumer industries and exacerbated by the Covid crisis. The cut introduced in 2021 in terms of royalty rates for soda ash production to enable producers to reestablish competitive prices and regain their positions on the export markets. 

Key Trends and Insights

In 2020, American soda ash production fell to 9.7M tonnes, a decline of 17% against the previous year. The consumption volume also declined over the third consecutive year, standing at approx. 4.1M tonnes in 2020. This downturn is largely shaped by the drop in demand from downstream industries, particularly, glass production, hampered by the pandemic.

Exports also fell from 7.0M tonnes in 2019 to 5.7M tonnes in 2020. To struggle with this downward trend, the cut in production royalty rates in Wyoming, the base for four out of the five American soda ash production plants, from 6% to 2% was introduced in January 2021. This is to enable producers to scale down prices, thereby making the product competitive on both the domestic and export markets. 

A significant increase in demand for soda ash from the glass industry, which comprises near 48% of the market, is not anticipated in the medium term. Despite construction growth in the second half of 2020, overall, the American glass output continued to decline over the second consecutive year due to competition from alternative packaging materials for canned food and drinks, and the rise in the recycling and reuse of glass products. 

Almost all American soda ash is manufactured using the Trona process. This is more energy-efficient than other forms of production technologies (Solvay and Hou), reflecting the provisions of the Paris Agreement on reducing greenhouse gas emissions. 

The wave of suburban construction growth started in the 2nd half of 2020, is set to continue in the immediate term, which is to promote glass production. Should the pandemic wane in 2021, market performance is forecast to expand with an anticipated CAGR of +0.4% for the period from 2019 to 2030, driven by the gradual recovery of the economy and incomes. This is projected to bring the market volume to 7.7M tonnes by the end of 2030 (IndexBox estimates). 

Mexico to Remain the Major Export Destination for the American Soda Ash

In 2019, the amount of sodium carbonate exported from the U.S. stood at 7M tonnes, remaining relatively unchanged against the previous year's figure. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. In value terms, sodium carbonate exports amounted to $1.6B (IndexBox estimates) in 2019. 

Mexico (1.3M tonnes), Indonesia (828K tonnes) and Brazil (793K tonnes) were the main destinations of sodium carbonate exports from the U.S., with a combined 42% share of total exports. Malaysia, Chile, Viet Nam, Thailand, India, Japan, Australia, South Korea, Taiwan (Chinese) and Canada lagged somewhat behind, together comprising a further 43%.

In value terms, Mexico ($307M), Indonesia ($185M) and Brazil ($165M) constituted the largest markets for sodium carbonate exported from the U.S. worldwide, with a combined 42% share of total exports. These countries were followed by Malaysia, Chile, Viet Nam, Thailand, Australia, South Korea, Japan, Taiwan (Chinese), India and Canada, which together accounted for a further 43%.

In terms of the main countries of destination, Malaysia recorded the highest rates of growth concerning the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

The average sodium carbonate export price stood at $221 per tonne in 2019, with an increase of 5.4% against the previous year. Over the last seven-year period, it increased at an average annual rate of +1.3%. 

Average prices varied somewhat for the major external markets. In 2019, the countries with the highest prices were Viet Nam ($242 per tonne) and Canada ($240 per tonne), while the average prices for exports to India ($178 per tonne) and Japan ($205 per tonne) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20134310 - Disodium carbonate

This report provides an in-depth analysis of the sodium carbonate 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 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007-2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2020
Figure 5:
Trade Balance, In Physical Terms, 2007-2020
Figure 6:
Trade Balance, In Value Terms, 2007-2020
Figure 7:
Per Capita Consumption, 2007-2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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