Northern America: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Northern America

The North American compound plasticisers market declined modestly to $X in 2023, with a decrease of X% against the previous year. In general, consumption continues to indicate a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Compound Plasticisers Production in Northern America

In value terms, compound plasticisers production fell to $X in 2023 estimated in export price. In general, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

Compound Plasticisers Exports

Exports in Northern America

In 2023, shipments abroad of compound plasticisers for rubber or plastics decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, compound plasticisers exports reduced markedly to $X in 2023. Over the period under review, exports saw a slight slump. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, the United States (X tons) was the main exporter of compound plasticisers for rubber or plastics, creating X% of total exports. It was distantly followed by Canada (X tons), achieving a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the United States ($X) remains the largest compound plasticisers supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, compound plasticisers exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per ton, reducing by X% against the previous year. Export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, compound plasticisers export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Compound Plasticisers Imports

Imports in Northern America

In 2023, approx. X tons of compound plasticisers for rubber or plastics were imported in Northern America; with a decrease of X% on the previous year's figure. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, compound plasticisers imports contracted sharply to $X in 2023. Overall, imports recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the United States (X tons) was the key importer of compound plasticisers for rubber or plastics, mixing up X% of total imports. It was distantly followed by Canada (X tons), generating a X% share of total imports.

The United States was also the fastest-growing in terms of the compound plasticisers for rubber or plastics imports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported compound plasticisers for rubber or plastics in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2023, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform