U.S. - Paraformaldehyde - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParaformaldehyde Price in the United States - 2023
Contents:
- Paraformaldehyde Price in the United States (FOB) - 2022
- Paraformaldehyde Price in the United States (CIF) - 2023
- Paraformaldehyde Exports in the United States
- Paraformaldehyde Imports in the United States
Paraformaldehyde Price in the United States (FOB) - 2022
The average paraformaldehyde export price stood at $1,101 per ton in 2022, jumping by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 an increase of 27%. The export price peaked at $1,134 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 Canada ($1,736 per ton), while the average price for exports to Brazil ($690 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 Mexico (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Paraformaldehyde Price in the United States (CIF) - 2023
In August 2023, the average paraformaldehyde import price amounted to $867 per ton, reducing by -9.2% against the previous month. Overall, the import price showed a mild reduction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 24% against the previous month. Over the period under review, average import prices attained the peak figure at $1,049 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Spain ($945 per ton) and Taiwan (Chinese) ($919 per ton), while the price for the Netherlands ($729 per ton) and the UK ($746 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Paraformaldehyde Exports in the United States
In 2022, approx. 7K tons of paraformaldehyde were exported from the United States; which is down by -33.9% against the year before. In general, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 18%.
In value terms, paraformaldehyde exports dropped dramatically to $7.7M in 2022. Over the period under review, exports saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports reached the peak of $10M, and then fell markedly in the following year.
| Export of Paraformaldehyde in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,909 | 2,088 | 2,385 | 1,940 | -12.6% |
| South Korea | 764 | 677 | 1,632 | 1,092 | 12.6% |
| China | 1,800 | 1,840 | 2,625 | 1,032 | -16.9% |
| Mexico | 940 | 578 | 728 | 978 | 1.3% |
| Colombia | 466 | 262 | 263 | 507 | 2.9% |
| Peru | 496 | 190 | 493 | 456 | -2.8% |
| Canada | 292 | 261 | 377 | 394 | 10.5% |
| Japan | 128 | 89.4 | 158 | 194 | 14.9% |
| Argentina | 358 | 212 | 356 | 176 | -21.1% |
| Others | 440 | 591 | 1,144 | 971 | 30.2% |
| Total | 8,594 | 6,790 | 10,160 | 7,740 | -3.4% |
Top Export Markets for Paraformaldehyde from the United States in 2022:
- Brazil (2811.4 tons)
- South Korea (1130.1 tons)
- China (848.3 tons)
- Mexico (647.0 tons)
- Peru (414.0 tons)
- Colombia (412.0 tons)
- Canada (227.0 tons)
- Japan (150.6 tons)
- Argentina (144.0 tons)
Paraformaldehyde Imports in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of paraformaldehyde, when their volume decreased by -12.1% to 7.6K tons. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports attained the peak of 8.6K tons, and then contracted in the following year.
In value terms, paraformaldehyde imports contracted to $7.6M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 increased by +70.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 72%. As a result, imports attained the peak of $7.6M, leveling off in the following year.
| Import of Paraformaldehyde in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.6 | 2.3 | 4.3 | 4.2 | 17.3% |
| United Kingdom | 1.3 | 1.0 | 1.5 | 1.6 | 7.2% |
| Netherlands | 1.2 | 1.0 | 1.2 | 1.3 | 2.7% |
| Germany | 0.1 | 0.1 | 0.5 | 0.4 | 58.7% |
| Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Total | 5.5 | 4.5 | 7.6 | 7.6 | 11.4% |
Top Suppliers of Paraformaldehyde to the United States in 2022:
- Spain (3.6K tons)
- United Kingdom (1.9K tons)
- Netherlands (1.5K tons)
- Germany (0.4K tons)
This report provides an in-depth analysis of the paraformaldehyde 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 20146160 - Paraformaldehyde
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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