Northern America: Bentonite Market 2021

Bentonite Market Size in Northern America

In 2019, after three years of growth, there was significant decline in the North American bentonite market, when its value decreased by -X% to $X. The total consumption indicated moderate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2018, and then dropped significantly in the following year.

Bentonite Production in Northern America

In value terms, bentonite production contracted remarkably to $X in 2019 estimated in export prices. The total production indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of production peaked at $X in 2018, and then contracted sharply in the following year.

Production By Country in Northern America

The U.S. (X tons) remains the largest bentonite producing country in Northern America, comprising approx. X% of total volume.

In the U.S., bentonite production remained relatively stable over the period from 2007-2019.

Bentonite Exports

Exports in Northern America

In 2019, approx. X tons of bentonite were exported in Northern America; rising by X% against 2018 figures. Overall, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, bentonite exports declined dramatically to $X in 2019. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. dominates bentonite exports structure, recording X tons, which was near X% of total exports in 2019. Canada (X tons) occupied a minor share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2019. Canada experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest bentonite supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the U.S., bentonite exports remained relatively stable over the period from 2007-2019.

Export Prices by Country

In 2019, the bentonite export price in Northern America amounted to $X per ton, which is down by -X% against the previous year. Export price indicated notable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of export peaked at $X per ton in 2018, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Canada ($X per ton), while the U.S. totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Bentonite Imports

Imports in Northern America

In 2019, overseas purchases of bentonite increased by X% to X tons, rising for the third consecutive year after four years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, bentonite imports expanded sharply to $X in 2019. Total imports indicated a notable increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

Canada dominates bentonite imports structure, amounting to X tons, which was near X% of total imports in 2019. The U.S. (X tons) held a minor share of total imports.

Canada experienced a relatively flat trend pattern with regard to volume of imports of bentonite. At the same time, the U.S. (+X%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest-growing importer imported in Northern America, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, Canada ($X) constitutes the largest market for imported bentonite in Northern America, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in Canada stood at +X%.

Import Prices by Country

In 2019, the bentonite import price in Northern America amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of import peaked at $X per ton in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per ton), while Canada stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

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