Price for Salts of Oxometallic or Peroxometallic Acids in the United States - 2023
Contents:
- Price for Salts of Oxometallic or Peroxometallic Acids in the United States (CIF) - 2022
- Price for Salts of Oxometallic or Peroxometallic Acids in the United States (FOB) - 2022
- Imports of Salts of Oxometallic or Peroxometallic Acids in the United States
- Exports of Salts of Oxometallic or Peroxometallic Acids in the United States
Price for Salts of Oxometallic or Peroxometallic Acids in the United States (CIF) - 2022
In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $13,549 per ton, with an increase of 10% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for salts of oxometallic or peroxometallic acidses increased by +37.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 31%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($31,905 per ton), while the price for South Africa ($2,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salts of Oxometallic or Peroxometallic Acids in the United States (FOB) - 2022
In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $1,787 per ton, with a decrease of -2.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs at $2,089 per ton in 2013; however, from 2014 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 China ($24,465 per ton), while the average price for exports to Mexico ($569 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 China (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salts of Oxometallic or Peroxometallic Acids in the United States
In 2022, approx. 22K tons of salts of oxometallic or peroxometallic acidses were imported into the United States; shrinking by -8.5% on 2021 figures. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of 24K tons, and then contracted in the following year.
In value terms, imports of salts of oxometallic or peroxometallic acidses stood at $294M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Salts of Oxometallic or Peroxometallic Acids in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.2 | 4.2 | 110 | 102 | 259.2% |
| China | 61.1 | 47.5 | 38.7 | 50.7 | -6.0% |
| Chile | 19.6 | 3.3 | 23.2 | 23.2 | 5.8% |
| Germany | 23.6 | 11.9 | 14.6 | 18.8 | -7.3% |
| India | 6.8 | 3.6 | 8.6 | 16.1 | 33.3% |
| Austria | 4.9 | 6.2 | 14.5 | 16.0 | 48.4% |
| Taiwan (Chinese) | 7.8 | 17.8 | 15.2 | 13.6 | 20.4% |
| Vietnam | 10.3 | 1.8 | 7.0 | 11.0 | 2.2% |
| Japan | 76.1 | 52.3 | 36.9 | 10.2 | -48.8% |
| Canada | 8.3 | 6.4 | 7.2 | 7.4 | -3.8% |
| Belgium | 1.6 | 2.2 | 1.8 | 3.8 | 33.4% |
| South Africa | 1.5 | 0.6 | 0.8 | 2.3 | 15.3% |
| Others | 14.5 | 10.8 | 13.1 | 19.6 | 10.6% |
| Total | 238 | 169 | 292 | 294 | 7.3% |
Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to the United States in 2022:
- China (3.7K tons)
- South Korea (3.2K tons)
- India (3.0K tons)
- Canada (2.0K tons)
- Austria (1.9K tons)
- Germany (1.5K tons)
- Taiwan (Chinese) (1.0K tons)
- South Africa (1.0K tons)
- Chile (0.9K tons)
- Japan (0.9K tons)
- Vietnam (0.6K tons)
- Belgium (0.6K tons)
Exports of Salts of Oxometallic or Peroxometallic Acids in the United States
In 2022, the amount of salts of oxometallic or peroxometallic acidses exported from the United States expanded to 70K tons, surging by 2.4% on 2021. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of salts of oxometallic or peroxometallic acidses declined slightly to $126M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value 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, exports increased by +73.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $126M, leveling off in the following year.
| Export of Salts of Oxometallic or Peroxometallic Acids in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 4.3 | 26.0 | 25.9 | 112.5% |
| Canada | 20.5 | 17.1 | 19.6 | 20.5 | 0.0% |
| Mexico | 18.2 | 14.7 | 19.7 | 19.7 | 2.7% |
| Japan | 14.1 | 10.2 | 13.0 | 13.8 | -0.7% |
| Belgium | 5.1 | 5.0 | 8.2 | 8.2 | 17.2% |
| India | 1.4 | 1.2 | 4.7 | 3.8 | 39.5% |
| Others | 24.9 | 19.9 | 34.7 | 34.0 | 10.9% |
| Total | 86.9 | 72.4 | 126 | 126 | 13.2% |
Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from the United States in 2022:
- Mexico (34.7K tons)
- Canada (17.9K tons)
- Japan (6.7K tons)
- India (3.5K tons)
- Belgium (2.5K tons)
- China (1.1K tons)
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