Northern America: Pyrethrum And Peppermint Market 2022

Pyrethrum And Peppermint Exports

Exports in Northern America

In 2021, exports of pyrethrum and peppermint in Northern America declined markedly to X tonnes, shrinking by -X% compared with the year before. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by X% y-o-y. As a result, the exports attained the peak of X tonnes, and then contracted sharply in the following year.

In value terms, pyrethrum and peppermint exports fell to $X in 2021. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. The level of export peaked at $X in 2020, and then dropped in the following year.

Exports by Country

The United States represented the largest exporting country with an export of around X tonnes, which accounted for X% of total exports. It was distantly followed by Canada (X tonnes), committing an X% share of total exports.

Exports from the United States increased at an average annual rate of +X% from 2012 to 2021. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2012-2021. Canada (+X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -X% from 2012 to 2021, respectively.

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

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

Export Prices by Country

The pyrethrum and peppermint export price in Northern America stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per tonne), while the United States totaled $X per tonne.

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

Pyrethrum And Peppermint Imports

Imports in Northern America

Pyrethrum and peppermint imports was estimated at X tonnes in 2021, growing by X% on the year before. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, pyrethrum and peppermint imports totaled $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern 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.

Imports by Country

The United States was the key importer of pyrethrum and peppermint in Northern America, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2021. It was distantly followed by Canada (X tonnes), achieving a X% share of total imports.

The United States was also the fastest-growing in terms of the pyrethrum and peppermint imports, with a CAGR of +X% from 2012 to 2021. Canada experienced a relatively flat trend pattern. While the share of the United States (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-X p.p.) displayed negative dynamics.

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

In the United States, pyrethrum and peppermint imports expanded at an average annual rate of +X% over the period from 2012-2021.

Import Prices by Country

The pyrethrum and peppermint import price in Northern America stood at $X per tonne in 2021, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per tonne), while the United States stood at $X per tonne.

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

Source: IndexBox Platform