U.S. - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

U.S. - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Diethylene Glycol and Digol in the United States - 2023

Contents:

  1. Price for Diethylene Glycol and Digol in the United States (FOB) - 2022
  2. Price for Diethylene Glycol and Digol in the United States (CIF) - 2023
  3. Exports of Diethylene Glycol and Digol in the United States
  4. Imports of Diethylene Glycol and Digol in the United States

Price for Diethylene Glycol and Digol in the United States (FOB) - 2022

In 2022, the average diethylene glycol and digol export price amounted to $758 per ton, with a decrease of -13.1% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 74% against the previous year. The export price peaked at $1,277 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Canada ($1,516 per ton), while the average price for exports to Belgium ($647 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 Canada (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Diethylene Glycol and Digol in the United States (CIF) - 2023

In September 2023, the average diethylene glycol and digol import price amounted to $660 per ton, growing by 6.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 12% against the previous month. The import price peaked at $767 per ton in June 2023; however, from July 2023 to September 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 September 2022 to September 2023, the rate of growth in terms of prices for Canada amounted to +0.1% per month.

Exports of Diethylene Glycol and Digol in the United States

In 2022, exports of 2,2-oxydiethanol (diethylene glycol, digol) from the United States soared to 161K tons, with an increase of 19% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 116%. As a result, the exports reached the peak of 165K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, diethylene glycol and digol exports expanded modestly to $122M in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Diethylene Glycol and Digol in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11.119.626.641.755.5%
Mexico23.912.825.828.96.5%
Spain0.52.24.419.5239.1%
Brazil1.93.86.19.470.4%
Italy7.012.519.38.25.4%
Turkey5.713.716.25.80.6%
Colombia1.21.52.93.035.7%
South Korea1.23.51.5N/A11.8%
ChinaN/A9.25.6N/A-39.1%
Others4.53.89.65.88.8%
Total57.082.811812228.9%

Top Export Markets for Diethylene Glycol and Digol from the United States in 2022:

  1. China (undefinedK tons)
  2. Belgium (64.4K tons)
  3. Mexico (35.8K tons)
  4. Spain (23.4K tons)
  5. Italy (11.7K tons)
  6. Brazil (10.9K tons)
  7. Turkey (7.9K tons)
  8. Colombia (2.5K tons)

Imports of Diethylene Glycol and Digol in the United States

In 2022, overseas purchases of 2,2-oxydiethanol (diethylene glycol, digol) increased by 20% to 173K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a slight setback.

In value terms, diethylene glycol and digol imports expanded markedly to $115M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +70.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Diethylene Glycol and Digol in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada84.566.281.693.93.6%
Saudi Arabia8.50.412.615.923.2%
Taiwan (Chinese)N/AN/A7.93.9-50.6%
Others0.90.50.80.8-3.9%
Total93.967.21031157.0%

Top Suppliers of Diethylene Glycol and Digol to the United States in 2022:

  1. Canada (141.3K tons)
  2. Saudi Arabia (25.8K tons)
  3. Taiwan (Chinese) (5.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: 2,2-Oxydiethanol (Diethylene Glycol, Digol) - United States