U.S.: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in the U.S.

The U.S. acyclic hydrocarbons market dropped modestly to $X in 2020, reducing by X% against the previous year. Over the period under review, consumption saw a noticeable descent. The pace of growth appeared the most rapid in 2019 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption failed to regain momentum.

Acyclic Hydrocarbons Production in the U.S.

In value terms, acyclic hydrocarbons production shrank to $X in 2020. Overall, production recorded a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Acyclic Hydrocarbons Exports

Exports from the U.S.

In 2020, after five years of growth, there was significant decline in overseas shipments of acyclic hydrocarbons, when their volume decreased by X% to X tons. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2019, and then reduced in the following year.

In value terms, acyclic hydrocarbons exports declined sharply to $X in 2020. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019, and then shrank significantly in the following year.

Exports by Country

India (X tons), China (X tons) and Canada (X tons) were the main destinations of acyclic hydrocarbons exports from the United States, with a combined X% share of total exports. The UK, Norway, Mexico, Taiwan (Chinese), Belgium, Japan, the Dominican Republic, South Korea, Indonesia and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Canada ($X) and China ($X) were the largest markets for acyclic hydrocarbons exported from the United States worldwide, with a combined X% share of total exports. Belgium, Mexico, the UK, Norway, Taiwan (Chinese), Indonesia, Japan, South Korea, the Dominican Republic and France lagged somewhat behind, together accounting for a further X%.

Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acyclic hydrocarbons export price stood at $X per ton in 2020, with a decrease of X% against the previous year. Over the period under review, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into the U.S.

In 2020, after two years of growth, there was significant decline in supplies from abroad of acyclic hydrocarbons, when their volume decreased by X% to X tons. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2019, and then dropped significantly in the following year.

In value terms, acyclic hydrocarbons imports declined notably to $X in 2020. Overall, imports saw a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

Canada (X tons), South Korea (X tons) and Brazil (X tons) were the main suppliers of acyclic hydrocarbons imports to the United States, with a combined X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons suppliers to the United States were Canada ($X), South Korea ($X) and Brazil ($X), with a combined X% share of total imports.

In terms of the main suppliers, Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average acyclic hydrocarbons import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :