U.S. - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in the United States - 2023
Contents:
- Bentonite Price in the United States (FOB) - 2022
- Bentonite Price in the United States (CIF) - 2023
- Bentonite Exports in the United States
- Bentonite Imports in the United States
Bentonite Price in the United States (FOB) - 2022
In 2022, the average bentonite export price amounted to $238 per ton, rising by 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2020 an increase of 13%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($421 per ton), while the average price for exports to Canada ($137 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 Saudi Arabia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bentonite Price in the United States (CIF) - 2023
The average bentonite import price stood at $492 per ton in August 2023, rising by 31% against the previous month. In general, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in December 2022 an increase of 43% month-to-month. The import price peaked at $716 per ton in September 2022; however, from October 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,429 per ton), while the price for Canada ($137 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bentonite Exports in the United States
In 2022, shipments abroad of bentonite decreased by -3.6% to 833K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 1.5% against the previous year. As a result, the exports attained the peak of 920K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bentonite exports rose slightly to $198M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Bentonite in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 43.0 | 57.1 | 53.5 | 58.1 | 10.6% |
| Japan | 23.9 | 20.0 | 29.1 | 29.1 | 6.8% |
| Mexico | 10.3 | 10.7 | 13.8 | 12.8 | 7.5% |
| China | 10.0 | 15.9 | 17.0 | 12.5 | 7.7% |
| Thailand | 7.9 | 6.4 | 9.7 | 11.5 | 13.3% |
| South Korea | 6.0 | 7.8 | 8.7 | 10.2 | 19.3% |
| Taiwan (Chinese) | 6.1 | 5.7 | 6.8 | 6.9 | 4.2% |
| India | 4.1 | 3.7 | 2.9 | 5.7 | 11.6% |
| Others | 50.6 | 58.2 | 52.8 | 51.2 | 0.4% |
| Total | 162 | 186 | 194 | 198 | 6.9% |
Top Export Markets for Bentonite from the United States in 2022:
- Canada (423.4K tons)
- Japan (122.9K tons)
- Mexico (54.0K tons)
- South Korea (36.9K tons)
- Thailand (35.0K tons)
- China (34.6K tons)
- India (20.1K tons)
- Taiwan (Chinese) (17.7K tons)
Bentonite Imports in the United States
Bentonite imports into the United States amounted to 28K tons in 2022, with an increase of 2% on the previous year. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, bentonite imports totaled $11M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Bentonite in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2,035 | 3,062 | 3,605 | 3,619 | 21.2% |
| China | 923 | 728 | 1,859 | 2,031 | 30.1% |
| Poland | 552 | 1,245 | 351 | 1,777 | 47.7% |
| Canada | 410 | 870 | 1,573 | 1,020 | 35.5% |
| Turkey | 230 | 278 | 677 | 548 | 33.6% |
| United Kingdom | 154 | 343 | 395 | 421 | 39.8% |
| Argentina | N/A | 105 | 92.0 | 221 | 45.1% |
| South Africa | 391 | 307 | 933 | 194 | -20.8% |
| Others | 574 | 807 | 1,492 | 1,365 | 33.5% |
| Total | 5,269 | 7,745 | 10,977 | 11,197 | 28.6% |
Top Suppliers of Bentonite to the United States in 2022:
- Mexico (12.0K tons)
- China (5.8K tons)
- Turkey (2.5K tons)
- Poland (1.9K tons)
- Canada (1.3K tons)
- Argentina (1.1K tons)
- United Kingdom (0.8K tons)
- South Africa (0.3K tons)
This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite
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
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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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