Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States - 2023
Contents:
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (CIF) - 2023
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (FOB) - 2022
- Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States
- Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (CIF) - 2023
The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $14,643 per ton in December 2023, rising by 54% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($18,599 per ton), while the price for Indonesia ($3,242 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (FOB) - 2022
In 2022, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $12,062 per ton, increasing by 15% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 20%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($40,007 per ton), while the average price for exports to Argentina ($3,951 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 the UK (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States
Imports of carboxyamide-function compounds; amide-function compounds of carbonic acids into the United States surged to 173K tons in 2022, jumping by 20% compared with 2021. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +63.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids surged to $1.8B in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 254 | 198 | 362 | 632 | 35.5% |
| China | 266 | 289 | 391 | 507 | 24.0% |
| India | 123 | 152 | 165 | 251 | 26.8% |
| Japan | 63.1 | 79.0 | 80.1 | 99.1 | 16.2% |
| Germany | 164 | 209 | 117 | 76.4 | -22.5% |
| United Kingdom | 14.3 | 18.3 | 21.2 | 28.9 | 26.4% |
| Belgium | 8.3 | 9.6 | 8.0 | 21.6 | 37.5% |
| Saudi Arabia | 3.2 | 3.2 | 2.4 | 1.6 | -20.6% |
| Others | 146 | 139 | 153 | 200 | 11.1% |
| Total | 1,041 | 1,097 | 1,300 | 1,818 | 20.4% |
Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to the United States in 2022:
- Switzerland (50.2K tons)
- China (43.0K tons)
- India (35.8K tons)
- Germany (12.3K tons)
- Belgium (8.1K tons)
- Japan (4.3K tons)
- United Kingdom (3.7K tons)
- Saudi Arabia (1.5K tons)
Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States
In 2022, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids from the United States shrank modestly to 40K tons, which is down by -4.6% against the year before. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 42K tons, and then fell slightly in the following year.
In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids expanded markedly to $479M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 87.1 | 73.6 | 61.6 | 97.0 | 3.7% |
| Belgium | 86.7 | 28.9 | 37.2 | 35.9 | -25.5% |
| Mexico | 21.4 | 21.4 | 26.8 | 33.8 | 16.5% |
| Canada | 24.5 | 32.3 | 31.5 | 32.1 | 9.4% |
| Thailand | 14.5 | 15.6 | 15.9 | 27.3 | 23.5% |
| Brazil | 12.9 | 14.4 | 16.7 | 18.8 | 13.4% |
| Netherlands | 9.9 | 6.6 | 10.7 | 17.0 | 19.7% |
| Japan | 13.3 | 15.1 | 14.3 | 15.2 | 4.6% |
| France | 2.9 | 14.5 | 10.6 | 10.8 | 55.0% |
| India | 3.8 | 3.7 | 9.1 | 7.7 | 26.5% |
| Argentina | 12.5 | 11.8 | 6.9 | 6.3 | -20.4% |
| Indonesia | 8.5 | 3.9 | 2.7 | 5.5 | -13.5% |
| South Africa | 2.7 | 2.8 | 4.4 | 3.7 | 11.1% |
| Others | 108 | 171 | 190 | 168 | 15.9% |
| Total | 409 | 416 | 439 | 479 | 5.4% |
Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from the United States in 2022:
- Canada (5.8K tons)
- Mexico (5.7K tons)
- Belgium (5.2K tons)
- Brazil (3.4K tons)
- United Kingdom (2.4K tons)
- Argentina (1.6K tons)
- France (1.6K tons)
- Thailand (1.5K tons)
- Japan (1.4K tons)
- Netherlands (1.2K tons)
- India (1.2K tons)
- Indonesia (1.1K tons)
- South Africa (0.9K tons)
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