U.S.: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in the U.S.

In 2022, the U.S. double or complex silicates market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a buoyant increase. Double or complex silicates consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Double Or Complex Silicates in the U.S.

In value terms, double or complex silicates production dropped modestly to $X in 2022. In general, production, however, saw prominent growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Double or complex silicates production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Double Or Complex Silicates

Exports from the U.S.

Double or complex silicates exports from the United States shrank remarkably to X tons in 2022, dropping by X% against 2021. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, double or complex silicates exports contracted markedly to $X in 2022. In general, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons), Italy (X tons) and Belgium (X tons) were the main destinations of double or complex silicates exports from the United States, together accounting for X% of total exports. Canada, China, Germany, Poland, Brazil, Japan, India, Colombia, Malaysia and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for double or complex silicates exported from the United States were Poland ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports.

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

Export Prices by Country

The average double or complex silicates export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double Or Complex Silicates

Imports into the U.S.

In 2022, purchases abroad of double or complex silicates increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, double or complex silicates imports surged to $X in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Canada (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of double or complex silicates imports to the United States, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest double or complex silicates suppliers to the United States were China ($X), Germany ($X) and Canada ($X), together comprising X% of total imports.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average double or complex silicates import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :