U.S. - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBaking Soda Price in the United States - 2023
Contents:
- Baking Soda Price in the United States (FOB) - 2022
- Baking Soda Price in the United States (CIF) - 2022
- Baking Soda Exports in the United States
- Baking Soda Imports in the United States
Baking Soda Price in the United States (FOB) - 2022
In 2022, the average baking soda export price amounted to $733 per ton, jumping by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,493 per ton), while the average price for exports to China ($418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Baking Soda Price in the United States (CIF) - 2022
The average baking soda import price stood at $1,152 per ton in 2022, with an increase of 9.3% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2014 an increase of 30%. As a result, import price reached the peak level of $2,009 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($4,185 per ton), while the price for Turkey ($486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Baking Soda Exports in the United States
For the fourth consecutive year, the United States recorded growth in shipments abroad of baking soda, which increased by 8.9% to 141K tons in 2022. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, baking soda exports soared to $103M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Baking Soda in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 28.9 | 32.9 | 31.5 | 40.0 | 11.4% |
| Indonesia | 1.1 | 1.8 | 1.6 | 22.9 | 175.1% |
| Mexico | 7.7 | 8.4 | 10.2 | 14.5 | 23.5% |
| South Korea | 3.6 | 3.9 | 3.1 | 3.8 | 1.8% |
| Australia | 1.7 | 2.0 | 1.8 | 2.4 | 12.2% |
| Taiwan (Chinese) | 6.6 | 5.1 | 4.7 | 2.1 | -31.7% |
| China | 2.4 | 2.9 | 2.1 | 1.3 | -18.5% |
| Philippines | 1.5 | 1.7 | 3.0 | 0.9 | -15.7% |
| Others | 11.7 | 17.0 | 16.8 | 15.4 | 9.6% |
| Total | 65.2 | 75.8 | 74.9 | 103 | 16.5% |
Top Export Markets for Baking Soda from the United States in 2022:
- Canada (62.4K tons)
- Mexico (34.5K tons)
- Indonesia (15.3K tons)
- South Korea (5.3K tons)
- Australia (3.1K tons)
- China (3.1K tons)
- Taiwan (Chinese) (2.8K tons)
- Philippines (1.2K tons)
Baking Soda Imports in the United States
In 2022, approx. 30K tons of baking soda were imported into the United States; growing by 10% against 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. As a result, imports reached the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, baking soda imports skyrocketed to $35M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Baking Soda in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.6 | 14.1 | 13.6 | 17.2 | 26.0% |
| Italy | 0.3 | 0.5 | 0.3 | 3.9 | 135.1% |
| Sweden | 6.4 | 5.7 | 6.1 | 3.3 | -19.8% |
| Spain | 0.2 | 1.6 | 1.8 | 3.1 | 149.3% |
| Turkey | 0.7 | 2.6 | 2.6 | 2.5 | 52.9% |
| France | 9.3 | 7.3 | N/A | 1.7 | -43.2% |
| Mexico | 1.6 | 1.5 | 2.0 | 1.6 | 0.0% |
| China | 1.6 | 1.1 | 1.4 | 0.9 | -17.5% |
| Others | 0.6 | 0.5 | 1.2 | 0.8 | 10.1% |
| Total | 29.4 | 34.8 | 29.1 | 34.9 | 5.9% |
Top Suppliers of Baking Soda to the United States in 2022:
- Germany (13.4K tons)
- Spain (5.2K tons)
- Turkey (5.1K tons)
- Mexico (2.5K tons)
- Italy (1.1K tons)
- France (0.9K tons)
- Sweden (0.8K tons)
- China (0.6K tons)
This report provides an in-depth analysis of the baking soda 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 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
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.
-
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
-
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
-
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
-
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
-
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
-
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
557
This report provides an in-depth analysis of the baking soda market in the U.S..
446
This report provides an in-depth analysis of the carbonate market in the U.S..
924
This report provides an in-depth analysis of the sodium carbonate market in the U.S..
451
This report provides an in-depth analysis of the calcium carbonate market in the U.S..
431
This report provides an in-depth analysis of the lithium carbonate market in the U.S..
347
This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in the U.S..
1726
This report provides an in-depth analysis of the global baking soda market.
1349
This report provides an in-depth analysis of the global carbonate market.
1297
This report provides an in-depth analysis of the global sodium carbonate market.
1942
This report provides an in-depth analysis of the global calcium carbonate market.
347
Baking Soda exports declined to $5.9M in May 2023.
337
Exports of Sodium Carbonate decreased to $180M in June 2023.
3455
In August 2022, the sodium carbonate price per ton amounted to $278.8 (FOB, US), rising by 2.3% against the previous month.
613
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.
427
In September 2022, the lithium carbonate price per ton stood at $16.3K (CIF, US), surging by 25% against the previous month.
666
In July 2022, the lithium carbonate price per ton amounted to $10,401, declining by -6.2% against the previous month.
220
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
1521
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1052
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1524
The U.S. continued its dominance in the global carbonate and peroxocarbonate trade. In 2014, the U.S. exported X million tons of carbonates and peroxocarbonates totaling X billion USD, X% over the previous year. Its primary trading partner was Mexi
