U.S.: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in the U.S.

For the third year in a row, the U.S. aromatic hydrocarbon mixtures market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a perceptible reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aromatic Hydrocarbon Mixtures Production in the U.S.

In value terms, aromatic hydrocarbon mixtures production totaled $X in 2022. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Aromatic Hydrocarbon Mixtures Exports

Exports from the U.S.

In 2022, shipments abroad of naphthalene and other aromatic hydrocarbon mixtures increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a noticeable downturn. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures exports soared to $X in 2022. Overall, exports, however, continue to indicate a slight decrease. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Bahamas (X tons), Brazil (X tons) and Mexico (X tons) were the main destinations of aromatic hydrocarbon mixtures exports from the United States, with a combined X% share of total exports.

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

In value terms, the largest markets for aromatic hydrocarbon mixtures exported from the United States were Bahamas ($X), Brazil ($X) and Mexico ($X), with a combined X% share of total exports.

Among the main countries of destination, Bahamas, 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 aromatic hydrocarbon mixtures export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Brazil ($X per ton), while the average price for exports to Belgium ($X per ton) and China ($X per ton) were amongst the lowest.

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

Aromatic Hydrocarbon Mixtures Imports

Imports into the U.S.

In 2022, purchases abroad of naphthalene and other aromatic hydrocarbon mixtures increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, aromatic hydrocarbon mixtures imports skyrocketed to $X in 2022. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of aromatic hydrocarbon mixtures imports to the United States, with a combined X% share of total imports. Brazil, Belgium, India, South Korea, Argentina, the Netherlands and Latvia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Turkey ($X) and Spain ($X) were the largest aromatic hydrocarbon mixtures suppliers to the United States, together accounting for X% of total imports. Brazil, India, Belgium, South Korea, Argentina, the Netherlands and Latvia lagged somewhat behind, together accounting for a further X%.

India, 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

In 2022, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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