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U.S. - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Jan 27, 2023
U.S. Unsaturated Acyclic Hydrocarbons Export Increases Notably to 62K Tons in November 2022
U.S. Unsaturated Acyclic Hydrocarbons Exports
For the third month in a row, the United States recorded growth in overseas shipments of unsaturated acyclic hydrocarbons, which increased by 5.2% to 62K tons in November 2022. Overall, exports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in July 2022 with an increase of 28% against the previous month. The exports peaked at 79K tons in January 2022; however, from February 2022 to November 2022, the exports remained at a lower figure.
In value terms, unsaturated acyclic hydrocarbons exports dropped modestly to $91M (IndexBox estimates) in November 2022. In general, exports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in October 2022 when exports increased by 41% m-o-m. The exports peaked at 124K tons in July 2022; however, from August 2022 to November 2022, the exports failed to regain momentum.
Exports by Country
Belgium (9.9K tons), India (6.4K tons) and Canada (6.3K tons) were the main destinations of unsaturated acyclic hydrocarbons exports from the United States, together accounting for 36% of total exports. These countries were followed by Italy, South Korea, Spain, the Netherlands, France, China, Argentina, Hong Kong SAR, Taiwan (Chinese) and Singapore, which together accounted for a further 57%.
From January 2022 to November 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +11.0%), while the other leaders experienced more modest paces of growth.
In value terms, Belgium ($17M), South Korea ($9.6M) and Canada ($9.5M) were the largest markets for unsaturated acyclic hydrocarbons exported from the United States worldwide, together comprising 40% of total exports. Spain, India, Italy, France, Argentina, the Netherlands, China, Hong Kong SAR, Taiwan (Chinese) and Singapore lagged somewhat behind, together comprising a further 51%.
India, with a CAGR of +3.9%, recorded 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.
Export Prices by Country
In November 2022, the unsaturated acyclic hydrocarbons price stood at $1,466 per ton (FOB, US), with a decrease of -9.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average export price increased by 11% against the previous month. The export price peaked at $1,755 per ton in June 2022; however, from July 2022 to November 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2022, the country with the highest price was Hong Kong SAR ($2,422 per ton), while the average price for exports to Italy ($1,015 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Unsaturated Acyclic Hydrocarbons Market Overview
The major factors driving the growth of the unsaturated acyclic hydrocarbon market are the increasing demand for polymers and plastics, rising construction activities, and growing automotive industry.
The construction industry is another major end-use industry for unsaturated acyclic hydrocarbons. These materials are used in various applications such as adhesives, sealants, coatings, etc. The rising construction activities across the country are expected to boost the demand for unsaturated acyclic hydrocarbons in the coming years.
The automotive industry is also a major consumer of unsaturated acyclic hydrocarbons. These materials are used in various applications such as tires, hoses, belts, gaskets, etc. The growing automotive industry in the country is expected to drive the growth of this market during the forecast period.
This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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.
Product coverage:
• Prodcom 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)
Country coverage:
• United States
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
This Chapter is Available Only for the Professional Edition
PRO
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 PRODUCT
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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