U.S. - Sulphuric Acid And Oleum - Market Analysis, Forecast, Size, Trends And Insights
Sulphuric Acid Price per Ton April 2022
U.S. Sulphuric Acid Price per Ton April 2022
In Apr 2022, the average import sulphuric acid price per ton amounted to $146, growing by 8.3% against the previous month. Over the last three - month period, it increased at an average monthly rate of +8.5%. The pace of growth was the most pronounced in Mar 2022 an increase of 16% m-o-m. The import price peaked in Apr 2022 and is expected to retain growth in months to come.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($182 per ton), while the price for Canada ($87 per ton) was amongst the lowest.
From Jan 2022 to Apr 2022, the most notable rate of growth in terms of prices was attained by Canada (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Sulphuric Acid Imports
Sulphuric acid imports into the United States expanded markedly to 355K tons in Apr 2022, surging by 9.1% compared with the month before. Overall, total imports indicated buoyant growth from Jan 2022 to Apr 2022: its volume increased at an average monthly rate of +10.0% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on Apr 2022 figures, imports increased by +79.6% against Feb 2022 indices. The most prominent rate of growth was recorded in Mar 2022 when imports increased by 65% m-o-m. Imports peaked in Apr 2022 and are expected to retain growth in the immediate term.
In value terms, sulphuric acid imports skyrocketed to $52M (IndexBox estimates) in Apr 2022. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in Mar 2022 when imports increased by 92% m-o-m. Imports peaked in Apr 2022 and are likely to continue growth in the immediate term.
U.S. Sulphuric Acid Imports Imports by Country
In Apr 2022, Canada (153K tons) constituted the largest supplier of sulphuric acid to the United States, with a 43% share of total imports. Moreover, sulphuric acid imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (64K tons), twofold. The third position in this ranking was occupied by South Korea (40K tons), with an 11% share.
From Jan 2022 to Apr 2022, the average monthly growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+9.0% per month) and South Korea (+368.8% per month).
In value terms, Canada ($13M), Mexico ($11M) and South Korea ($6.8M) appeared to be the largest sulphuric acid suppliers to the United States, with a combined 60% share of total imports. These countries were followed by Japan, Turkey, Poland and Spain, which together accounted for a further 29%.
Among the main suppliers, Japan saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sulphuric acid 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.
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
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The Largest Producers on The Market and Their Profiles
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