Northern America: Market for Polyethylene Glycols and Polyethers in Primary Forms 2023

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Northern America

The North American polyethylene glycol and polyether market skyrocketed to $X in 2021, rising by 16% against the previous year. Overall, consumption, however, recorded a mild shrinkage. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Polyethylene Glycols and Polyethers in Primary Forms in Northern America

In value terms, polyethylene glycol and polyether production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of 6.5% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports in Northern America

In 2021, after three years of decline, there was growth in shipments abroad of polyethylene glycols and polyethers in primary forms, when their volume increased by 1.5% to X tons. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 10% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, polyethylene glycol and polyether exports surged to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of exports of polyethylene glycols and polyethers in primary forms. Canada experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest polyethylene glycol and polyether supplier in Northern America, comprising 98% of total exports. The second position in the ranking was held by Canada ($X), with a 1.9% share of total exports.

In the United States, polyethylene glycol and polyether exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, jumping by 22% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports in Northern America

In 2021, supplies from abroad of polyethylene glycols and polyethers in primary forms increased by 61% to X tons for the first time since 2017, thus ending a three-year declining trend. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol and polyether imports surged to $X in 2021. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the key importer of polyethylene glycols and polyethers in primary forms in Northern America, with the volume of imports amounting to X tons, which was approx. 67% of total imports in 2021. It was distantly followed by Canada (X tons), generating a 33% share of total imports.

The United States was also the fastest-growing in terms of the polyethylene glycols and polyethers in primary forms imports, with a CAGR of +14.1% from 2012 to 2021. At the same time, Canada (+2.9%) displayed positive paces of growth. While the share of the United States (+23 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-22.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported polyethylene glycols and polyethers in primary forms in Northern America, comprising 70% of total imports. The second position in the ranking was taken by Canada ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +11.9%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, growing by 25% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.8%).

Source: IndexBox Market Intelligence Platform

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