U.S. - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSalicylic Acid Price in the United States - 2023
Contents:
- Salicylic Acid Price in the United States (CIF) - 2022
- Salicylic Acid Price in the United States (FOB) - 2022
- Salicylic Acid Imports in the United States
- Salicylic Acid Exports in the United States
Salicylic Acid Price in the United States (CIF) - 2022
In 2021, the average salicylic acid import price amounted to $5,414 per ton, with an increase of 6.5% against the previous year. Over the last nine years, it increased at an average annual rate of +4.1%. The pace of growth was the most pronounced in 2019 an increase of 18%. As a result, import price attained the peak level of $5,948 per ton. From 2020 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($17,535 per ton), while the price for France ($2,266 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Salicylic Acid Price in the United States (FOB) - 2022
In 2021, the average salicylic acid export price amounted to $21,449 per ton, with an increase of 214% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($13,263 per ton), while the average price for exports to Canada ($4,828 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Salicylic Acid Imports in the United States
In 2022, approx. 4K tons of salicylic acid and its salts were imported into the United States; surging by 5.9% against 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.9% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, salicylic acid imports surged to $25M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; 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.
| Import of Salicylic Acid in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 10.4 | 7.9 | 8.8 | -8.0% | |
| China | 6.2 | 3.0 | 5.0 | -10.2% | |
| France | 2.7 | 3.0 | 3.2 | 8.9% | |
| India | 2.2 | 2.4 | 1.4 | -20.2% | |
| Mexico | 0.9 | 0.8 | 1.2 | 15.5% | |
| Others | 0.8 | 0.6 | 0.9 | 6.1% | |
| Total | 23.3 | 17.7 | 20.4 | -6.4% | |
Top Suppliers of Salicylic Acid to the United States in 2022:
- China (1497.7 tons)
- France (1393.1 tons)
- Germany (507.6 tons)
- India (238.5 tons)
- Mexico (70.0 tons)
Salicylic Acid Exports in the United States
In 2022, overseas shipments of salicylic acid and its salts decreased by -20.7% to 186 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 538 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, salicylic acid exports plummeted to $2.8M in 2022. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 92%.
| Export of Salicylic Acid in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Canada | 567 | 1,438 | 3,132 | 135.0% | |
| Germany | 177 | 597 | 628 | 88.4% | |
| Mexico | 629 | 592 | 333 | -27.2% | |
| Italy | N/A | 484 | N/A | 0% | |
| Others | 546 | 566 | 927 | 30.3% | |
| Total | 1,919 | 3,677 | 5,020 | 61.7% | |
Top Export Markets for Salicylic Acid from the United States in 2022:
- Canada (648.6 tons)
- Germany (115.1 tons)
- Mexico (25.1 tons)
This report provides an in-depth analysis of the salicylic acid 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 21101030 - Salicylic acid and its salts
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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203
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