U.S. - P-Xylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingP-Xylene Price in the United States - 2023
Contents:
- P-Xylene Price in the United States (FOB) - 2023
- P-Xylene Price in the United States (CIF) - 2023
- P-Xylene Exports in the United States
- P-Xylene Imports in the United States
P-Xylene Price in the United States (FOB) - 2023
The average p-xylene export price stood at $1,067 per ton in September 2023, approximately equating the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $1,193 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From September 2022 to September 2023, the rate of growth in terms of prices for Mexico amounted to -0.5% per month.
P-Xylene Price in the United States (CIF) - 2023
The average p-xylene import price stood at $1,071 per ton in September 2023, reducing by -1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in October 2022 an increase of 29% against the previous month. The import price peaked at $1,213 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Saudi Arabia ($1,177 per ton) and the Netherlands ($1,065 per ton), while the price for Brunei Darussalam ($1,007 per ton) and South Korea ($1,032 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
P-Xylene Exports in the United States
In 2022, shipments abroad of p-xylene decreased by -4.2% to 989K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. As a result, the exports reached the peak of 1.1M tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, p-xylene exports surged to $1.1B in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of P-Xylene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 361 | 525 | 736 | 1,020 | 41.4% |
| Brazil | 192 | 123 | 112 | 77.2 | -26.2% |
| Others | 73.4 | 10.7 | 24.3 | 0.3 | -84.0% |
| Total | 627 | 659 | 872 | 1,097 | 20.5% |
Top Export Markets for P-Xylene from the United States in 2022:
- Mexico (912.2K tons)
- Brazil (76.3K tons)
P-Xylene Imports in the United States
In 2022, the amount of p-xylene imported into the United States surged to 964K tons, with an increase of 25% on the year before. The total import volume increased at an average annual rate of +13.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, p-xylene imports skyrocketed to $1.1B in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of P-Xylene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 35.1 | 157 | 202 | 430 | 130.5% |
| South Korea | 107 | 11.7 | 43.7 | 214 | 26.0% |
| Netherlands | 130 | 57.7 | 89.8 | 135 | 1.3% |
| Kuwait | N/A | 25.2 | 8.3 | 113 | 111.8% |
| Taiwan (Chinese) | N/A | N/A | N/A | 41.6 | 0% |
| India | 6.3 | 109 | 236 | 40.1 | 85.3% |
| Georgia | 3.2 | 19.8 | 0.6 | 39.1 | 130.3% |
| France | 15.9 | 12.2 | 2.7 | 15.0 | -1.9% |
| Russia | 14.9 | 17.5 | N/A | N/A | 17.4% |
| Belgium | 46.1 | 17.3 | 25.5 | N/A | -25.6% |
| Turkey | 58.6 | 26.7 | 5.7 | N/A | -68.8% |
| Others | 28.7 | 43.9 | 23.4 | 30.1 | 1.6% |
| Total | 445 | 498 | 638 | 1,057 | 33.4% |
Top Suppliers of P-Xylene to the United States in 2022:
- Saudi Arabia (373.2K tons)
- South Korea (240.1K tons)
- Netherlands (118.2K tons)
- Kuwait (90.9K tons)
- India (35.5K tons)
- Georgia (34.4K tons)
- Taiwan (Chinese) (32.2K tons)
- France (14.1K tons)
This report provides an in-depth analysis of the p-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 20141245 - p-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
-
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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185
In February 2023, the price of cyclohexane was up 13% from the previous month with a cost of $1,063 per ton FOB (Free on Board) in the United States.
4294
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In November 2022, the styrene price stood at $1,147 per ton (FOB, US), surging by 2.1% against the previous month.
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Explore the top 10 countries by import value for P-Xylene in 2022 according to IndexBox market intelligence platform. Learn about the key players driving the global P-Xylene market.
