U.S. - Cyclohexane - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCyclohexane Price in the United States - 2023
Contents:
- Cyclohexane Price in the United States (FOB) - 2023
- Cyclohexane Price in the United States (CIF) - 2022
- Cyclohexane Exports in the United States
- Cyclohexane Imports in the United States
Cyclohexane Price in the United States (FOB) - 2023
The average cyclohexane export price stood at $1,066 per ton in September 2023, declining by -54.8% against the previous month. Overall, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in August 2023 when the average export price increased by 127% month-to-month. As a result, the export price attained the peak level of $2,361 per ton, and then shrank rapidly in the following month.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Mexico ($1,177 per ton), while the average price for exports to Canada ($578 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 the Netherlands (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclohexane Price in the United States (CIF) - 2022
The average cyclohexane import price stood at $2,276 per ton in 2022, declining by -45.9% against the previous year. Overall, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 208% against the previous year. Over the period under review, average import prices reached the maximum at $4,205 per ton in 2021, and then fell notably in the following year.
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 India ($14,623 per ton), while the price for South Korea ($1,264 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cyclohexane Exports in the United States
Cyclohexane exports from the United States reduced sharply to 112K tons in 2022, which is down by -32.7% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 139% against the previous year.
In value terms, cyclohexane exports dropped remarkably to $131M in 2022. In general, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 242% against the previous year. As a result, the exports attained the peak of $174M, and then dropped dramatically in the following year.
| Export of Cyclohexane in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 100 | 28.0 | 128 | 101 | 0.3% |
| Spain | 2.0 | 9.1 | N/A | 12.1 | 82.2% |
| Mexico | 38.3 | 7.8 | 29.2 | 6.5 | -44.6% |
| Netherlands | 2.0 | 2.3 | 4.8 | 6.3 | 46.6% |
| Canada | 3.1 | 2.1 | 3.1 | 3.3 | 2.1% |
| Others | 1.3 | 1.8 | 9.3 | 1.5 | 4.9% |
| Total | 147 | 51.0 | 174 | 131 | -3.8% |
Top Export Markets for Cyclohexane from the United States in 2022:
- Belgium (82.2K tons)
- Spain (18.4K tons)
- Netherlands (4.1K tons)
- Mexico (4.1K tons)
- Canada (2.5K tons)
Cyclohexane Imports in the United States
Cyclohexane imports into the United States declined dramatically to 104 tons in 2022, falling by -38.2% on the previous year. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 138%. As a result, imports attained the peak of 168 tons, and then declined rapidly in the following year.
In value terms, cyclohexane imports contracted significantly to $236K in 2022. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 482% against the previous year. As a result, imports attained the peak of $705K, and then shrank markedly in the following year.
| Import of Cyclohexane in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 157 | 85.9 | 109 | 117 | -9.3% |
| India | N/A | N/A | 2.1 | 61.2 | 2814.3% |
| China | 108 | 8.3 | 516 | 43.7 | -26.0% |
| Others | 10.3 | 27.0 | 78.3 | 13.6 | 9.7% |
| Total | 276 | 121 | 705 | 236 | -5.1% |
Top Suppliers of Cyclohexane to the United States in 2022:
- South Korea (92.8 tons)
- China (5.9 tons)
- India (4.2 tons)
This report provides an in-depth analysis of the cyclohexane 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 20141213 - Cyclohexane
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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Cyclohexane exports peaked at 255K tons in 2017, but decreased to a lower figure from 2018 to 2023. In terms of value, exports sharply declined to $69M in 2023.
185
In February 2023, the price of cyclohexane was up 13% from the previous month with a cost of $1,063 per ton FOB (Free on Board) in the United States.
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In November 2022, the styrene price stood at $1,147 per ton (FOB, US), surging by 2.1% against the previous month.
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In August 2022, the styrene price per ton amounted to $1.5 per kg, which is down by -21.8% against the previous month.
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