U.S. - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlkyd Resins Price in the United States - 2023
Contents:
- Alkyd Resins Price in the United States (FOB) - 2023
- Alkyd Resins Price in the United States (CIF) - 2023
- Alkyd Resins Exports in the United States
- Alkyd Resins Imports in the United States
Alkyd Resins Price in the United States (FOB) - 2023
The average alkyd resins export price stood at $3,820 per ton in September 2023, waning by -8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 32% month-to-month. The export price peaked at $4,710 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($7,159 per ton), while the average price for exports to Costa Rica ($1,071 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Alkyd Resins Price in the United States (CIF) - 2023
The average alkyd resins import price stood at $3,197 per ton in September 2023, rising by 3.9% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 10% against the previous month. The import price peaked at $3,642 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($4,204 per ton), while the price for Turkey ($1,955 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkyd Resins Exports in the United States
Alkyd resins exports from the United States reduced rapidly to 20K tons in 2022, falling by -22.4% compared with the previous year. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 26K tons, and then shrank markedly in the following year.
In value terms, alkyd resins exports contracted remarkably to $99M in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 182% against the previous year. As a result, the exports reached the peak of $168M, and then declined remarkably in the following year.
| Export of Alkyd Resins in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 34.8 | 32.3 | 36.2 | 46.9 | 10.5% |
| Mexico | 11.2 | 13.0 | 83.1 | 19.0 | 19.3% |
| China | 2.4 | 1.3 | 32.2 | 18.3 | 96.8% |
| Dominican Republic | 3.8 | 3.2 | 3.8 | 2.3 | -15.4% |
| Costa Rica | 1.2 | 1.8 | 1.8 | 1.3 | 2.7% |
| Guatemala | 0.9 | 0.6 | 0.3 | 0.3 | -30.7% |
| Nicaragua | 1.1 | 0.5 | 1.2 | 0.3 | -35.2% |
| Others | 9.4 | 6.8 | 9.4 | 10.6 | 4.1% |
| Total | 64.6 | 59.5 | 168 | 99.2 | 15.4% |
Top Export Markets for Alkyd Resins from the United States in 2022:
- Canada (11.2K tons)
- Mexico (4.2K tons)
- Dominican Republic (0.9K tons)
- Costa Rica (0.8K tons)
- China (0.4K tons)
- Guatemala (0.2K tons)
- Nicaragua (0.2K tons)
Alkyd Resins Imports in the United States
In 2022, the amount of alkyd resins in primary forms imported into the United States soared to 34K tons, picking up by 80% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, alkyd resins imports surged to $110M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alkyd Resins in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 5.3 | 5.3 | 18.4 | 37.4 | 91.8% |
| Germany | 13.0 | 11.5 | 19.7 | 27.1 | 27.7% |
| Turkey | 0.3 | 0.2 | 1.8 | 17.3 | 286.3% |
| Brazil | 0.1 | 0.1 | 0.1 | 7.2 | 316.0% |
| Netherlands | 4.0 | 5.1 | 5.0 | 6.8 | 19.3% |
| Dominican Republic | 0.5 | 0.6 | 0.9 | 3.7 | 94.9% |
| Austria | 4.0 | 2.1 | 3.4 | 2.9 | -10.2% |
| Others | 4.4 | 4.2 | 4.4 | 7.6 | 20.0% |
| Total | 31.5 | 29.0 | 53.7 | 110 | 51.7% |
Top Suppliers of Alkyd Resins to the United States in 2022:
- Mexico (9.6K tons)
- Germany (8.3K tons)
- Turkey (7.1K tons)
- Netherlands (2.9K tons)
- Brazil (1.8K tons)
- Dominican Republic (1.3K tons)
- Austria (0.6K tons)
This report provides an in-depth analysis of the alkyd resins 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 20164050 - Alkyd resins, in primary forms
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
-
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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