U.S. - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylonitrile Price in the United States - 2023
Contents:
- Acrylonitrile Price in the United States (FOB) - 2023
- Acrylonitrile Price in the United States (CIF) - 2023
- Acrylonitrile Exports in the United States
- Acrylonitrile Imports in the United States
Acrylonitrile Price in the United States (FOB) - 2023
The average acrylonitrile export price stood at $1,122 per ton in August 2023, declining by -2.7% against the previous month. Overall, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 84% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,804 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($1,432 per ton), while the average price for exports to Turkey ($816 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-0.2%), while the prices for the other major destinations experienced a decline.
Acrylonitrile Price in the United States (CIF) - 2023
The average acrylonitrile import price stood at $1,618 per ton in March 2023, falling by -34.9% against the previous month. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 443% against the previous month. As a result, import price reached the peak level of $19,835 per ton. From February 2023 to March 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From March 2022 to March 2023, the rate of growth in terms of prices for Brazil amounted to -4.5% per month.
Acrylonitrile Exports in the United States
In 2022, shipments abroad of acrylonitrile decreased by -8.3% to 374K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 425K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, acrylonitrile exports fell remarkably to $711M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $852M, and then reduced dramatically in the following year.
| Export of Acrylonitrile in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 191 | 186 | 177 | 174 | -3.1% |
| Turkey | 56.2 | 107 | 192 | 151 | 39.0% |
| Mexico | 92.1 | 74.8 | 144 | 145 | 16.3% |
| Taiwan (Chinese) | 72.9 | 65.4 | 119 | 99.7 | 11.0% |
| Peru | 11.5 | 17.0 | 52.3 | 54.6 | 68.1% |
| Netherlands | 14.0 | 25.3 | 53.9 | 44.9 | 47.5% |
| India | 74.5 | 32.2 | 31.1 | 13.7 | -43.1% |
| Others | 21.6 | 43.3 | 83.4 | 28.9 | 10.2% |
| Total | 534 | 551 | 852 | 711 | 10.0% |
Top Export Markets for Acrylonitrile from the United States in 2022:
- South Korea (86.5K tons)
- Turkey (86.2K tons)
- Mexico (73.6K tons)
- Taiwan (Chinese) (52.1K tons)
- Peru (31.6K tons)
- Netherlands (21.6K tons)
- India (8.2K tons)
Acrylonitrile Imports in the United States
In 2022, purchases abroad of acrylonitrile decreased by -8.4% to 3.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 14,037% against the previous year. As a result, imports attained the peak of 7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, acrylonitrile imports reduced to $7.7M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 8,059% against the previous year. As a result, imports attained the peak of $8.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Acrylonitrile in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.1 | N/A | 4.3 | 7.0 | 312.1% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.3 | 0% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| South Korea | N/A | 8.7 | 3.2 | N/A | -63.2% |
| Others | N/A | N/A | 0.7 | 0.1 | -85.7% |
| Total | 0.1 | 8.7 | 8.2 | 7.7 | 325.4% |
Top Suppliers of Acrylonitrile to the United States in 2022:
- Brazil (3376.2 tons)
- China (85.5 tons)
- Taiwan (Chinese) (73.1 tons)
This report provides an in-depth analysis of the acrylonitrile 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 20144350 - Acrylonitrile
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the acrylonitrile market in the U.S..
320
This report provides an in-depth analysis of the dicyandiamide market in the U.S..
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
1152
This report provides an in-depth analysis of the acrylonitrile market in the U.S..
320
This report provides an in-depth analysis of the dicyandiamide market in the U.S..
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
546
In 2020, American acrylonitrile exports rose by +49% y-o-y, reaching 524K tons. The U.S. has substantially increased the supplies to its main trade partners, South Korea, Turkey and Taiwan. Boosting Turkish purchases provided the most increment of American exports. Among other importers, the Netherlands, Peru and Mexico featured a notable growth of acrylonitrile shipments from the U.S. The average export price for American acrylonitrile dropped by -31% to $1,051 per ton in 2020.
359
In April 2023, the dicyandiamide price amounted to $3,530 per ton (CIF, US), shrinking by -9.4% against the previous month.
834
The U.S. represented the major exporter of acrylonitrile exported in the world.
546
In 2020, American acrylonitrile exports rose by +49% y-o-y, reaching 524K tons. The U.S. has substantially increased the supplies to its main trade partners, South Korea, Turkey and Taiwan. Boosting Turkish purchases provided the most increment of American exports. Among other importers, the Netherlands, Peru and Mexico featured a notable growth of acrylonitrile shipments from the U.S. The average export price for American acrylonitrile dropped by -31% to $1,051 per ton in 2020.
359
In April 2023, the dicyandiamide price amounted to $3,530 per ton (CIF, US), shrinking by -9.4% against the previous month.
834
The U.S. represented the major exporter of acrylonitrile exported in the world.
