U.S. - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Fatty Alcohols Price in the United States - 2023
Contents:
- Industrial Fatty Alcohols Price in the United States (CIF) - 2023
- Industrial Fatty Alcohols Price in the United States (FOB) - 2023
- Industrial Fatty Alcohols Imports in the United States
- Industrial Fatty Alcohols Exports in the United States
Industrial Fatty Alcohols Price in the United States (CIF) - 2023
In August 2023, the average industrial fatty alcohols import price amounted to $1,395 per ton, declining by -16.9% against the previous month. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in July 2023 an increase of 16% month-to-month. The import price peaked at $2,487 per ton in August 2022; however, from September 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 India ($4,405 per ton), while the price for Indonesia ($1,249 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 South Africa (+0.2%), while the prices for the other major suppliers experienced a decline.
Industrial Fatty Alcohols Price in the United States (FOB) - 2023
In August 2023, the average industrial fatty alcohols export price amounted to $2,036 per ton, with an increase of 4.2% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 11% month-to-month. As a result, the export price attained the peak level of $2,330 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Canada ($2,522 per ton), while the average price for exports to Colombia ($1,292 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 Japan (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Industrial Fatty Alcohols Imports in the United States
In 2022, approx. 210K tons of industrial fatty alcohols were imported into the United States; picking up by 3.3% against 2021. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 224K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, industrial fatty alcohols imports surged to $513M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Industrial Fatty Alcohols in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 133 | 138 | 189 | 259 | 24.9% |
South Africa | 71.2 | 56.9 | 70.7 | 73.3 | 1.0% |
Malaysia | 57.0 | 58.6 | 39.0 | 61.0 | 2.3% |
Netherlands | 0.6 | 9.5 | 49.7 | 56.7 | 355.5% |
Germany | 16.9 | 15.5 | 17.2 | 25.0 | 13.9% |
India | 7.0 | 5.0 | 9.0 | 20.5 | 43.1% |
Others | 19.0 | 12.9 | 12.0 | 18.4 | -1.1% |
Total | 305 | 296 | 387 | 513 | 18.9% |
Top Suppliers of Industrial Fatty Alcohols to the United States in 2022:
- Indonesia (106.0K tons)
- South Africa (37.4K tons)
- Malaysia (29.4K tons)
- Netherlands (18.9K tons)
- India (7.6K tons)
- Germany (6.6K tons)
Industrial Fatty Alcohols Exports in the United States
For the fourth year in a row, the United States recorded growth in overseas shipments of industrial fatty alcohols, which increased by 17% to 187K tons in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, industrial fatty alcohols exports soared to $396M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +75.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Industrial Fatty Alcohols in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 76.7 | 69.5 | 125 | 137 | 21.3% |
Japan | 38.8 | 40.3 | 48.4 | 65.6 | 19.1% |
Mexico | 29.2 | 26.7 | 31.1 | 51.4 | 20.7% |
Canada | 34.8 | 28.0 | 34.6 | 39.6 | 4.4% |
Singapore | 28.6 | 30.7 | 33.4 | 36.0 | 8.0% |
Brazil | 5.2 | 9.6 | 17.8 | 34.6 | 88.1% |
India | 5.9 | 8.1 | 5.1 | 10.0 | 19.2% |
Others | 22.8 | 12.9 | 8.6 | 21.4 | -2.1% |
Total | 242 | 226 | 304 | 396 | 17.8% |
Top Export Markets for Industrial Fatty Alcohols from the United States in 2022:
- Netherlands (65.2K tons)
- Japan (34.3K tons)
- Mexico (23.6K tons)
- Singapore (15.9K tons)
- Brazil (15.7K tons)
- Canada (14.9K tons)
- India (5.2K tons)
This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols
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
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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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In March 2023, the import of Industrial Fatty Alcohols experienced a remarkable growth rate of 95% compared to the previous month. However, the value of these imports saw a rapid decline, reaching $15M in September 2023.
From March 2023 to November 2023, the exports of Tall Oil Fatty Acids were unable to regain momentum. However, in November 2023, the value of Tall Oil Fatty Acids exports skyrocketed to $5M.
In April 2023, the industrial monocarboxylic fatty acids price amounted to $1,205 per ton (CIF, US), reducing by -9.6% against the previous month.
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
In March 2023, the import of Industrial Fatty Alcohols experienced a remarkable growth rate of 95% compared to the previous month. However, the value of these imports saw a rapid decline, reaching $15M in September 2023.
From March 2023 to November 2023, the exports of Tall Oil Fatty Acids were unable to regain momentum. However, in November 2023, the value of Tall Oil Fatty Acids exports skyrocketed to $5M.
In April 2023, the industrial monocarboxylic fatty acids price amounted to $1,205 per ton (CIF, US), reducing by -9.6% against the previous month.
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.