U.S. - O-Xylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingO-Xylene Price in the United States - 2023
Contents:
- O-Xylene Price in the United States (FOB) - 2022
- O-Xylene Price in the United States (CIF) - 2023
- O-Xylene Exports in the United States
- O-Xylene Imports in the United States
O-Xylene Price in the United States (FOB) - 2022
The average o-xylene export price stood at $1,377 per ton in 2022, increasing by 47% against the previous year. Over the period under review, the export price showed a notable expansion. Over the period under review, the average export prices reached the peak figure at $1,414 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($1,646 per ton), while the average price for exports to Chile ($1,073 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 Venezuela (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
O-Xylene Price in the United States (CIF) - 2023
In August 2023, the average o-xylene import price amounted to $412 per ton, waning by -5.6% against the previous month. Overall, the import price recorded a perceptible descent. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. Over the period under review, average import prices reached the maximum at $653 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Brazil amounted to 0.0% per month.
O-Xylene Exports in the United States
For the third year in a row, the United States recorded decline in shipments abroad of o-xylene, which decreased by -34.9% to 40K tons in 2022. Overall, exports recorded a sharp contraction. The smallest decline of -6.6% was in 2021.
In value terms, o-xylene exports shrank modestly to $55M in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.
| Export of O-Xylene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 44.7 | 30.6 | 44.0 | 46.7 | 1.5% |
| Chile | 5.1 | 4.7 | 6.6 | 5.7 | 3.8% |
| Colombia | 1.4 | 1.5 | 2.6 | 1.6 | 4.6% |
| Netherlands | 12.3 | 3.3 | 1.4 | N/A | -66.3% |
| Others | 8.6 | 7.1 | 2.7 | 0.8 | -54.7% |
| Total | 72.2 | 47.1 | 57.3 | 54.8 | -8.8% |
Top Export Markets for O-Xylene from the United States in 2022:
- Mexico (32.9K tons)
- Chile (5.3K tons)
- Colombia (1.0K tons)
O-Xylene Imports in the United States
In 2022, imports of o-xylene into the United States skyrocketed to 47K tons, growing by 138% on 2021 figures. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, o-xylene imports surged to $27M in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of O-Xylene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 2.2 | N/A | 15.2 | 162.9% |
| Canada | 16.5 | 9.8 | 14.7 | 11.5 | -11.3% |
| France | N/A | 2.1 | N/A | N/A | 0% |
| Brazil | N/A | 2.2 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
| Total | 16.6 | 16.4 | 14.7 | 27.2 | 17.9% |
Top Suppliers of O-Xylene to the United States in 2022:
- Canada (26.7K tons)
- South Korea (19.8K tons)
- France (0.1K tons)
This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene
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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66
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.
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