U.S.: Other Chemical Products Market 2024

Other Chemical Products Market Size in the U.S.

The U.S. other chemical products market was estimated at less than $X in 2022, approximately mirroring the previous year. In general, consumption saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Other Chemical Products Production in the U.S.

In value terms, other chemical products production amounted to less than $X in 2022. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Other Chemical Products Exports

Exports from the U.S.

In 2016, the amount of other chemical products exported from the United States shrank slightly to X tons, waning by X% compared with the previous year's figure. Over the period under review, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, other chemical products exports contracted slightly to $X in 2016. In general, exports recorded a mild reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of other chemical products exports from the United States, together comprising X% of total exports. Belgium, Germany, Brazil, Taiwan (Chinese), South Korea, Argentina, Singapore, the Netherlands, Saudi Arabia and Chile lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and China ($X) were the largest markets for other chemical products exported from the United States worldwide, together comprising X% of total exports. Germany, Taiwan (Chinese), the Netherlands, Belgium, South Korea, Singapore, Brazil, Saudi Arabia, Chile and Argentina lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2016, the average other chemical products export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2016, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into the U.S.

In 2016, supplies from abroad of other chemical products decreased by X% to X tons for the first time since 2011, thus ending a four-year rising trend. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2015, and then declined significantly in the following year.

In value terms, other chemical products imports dropped to $X in 2016. The total import value increased at an average annual rate of X% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2015, and then fell in the following year.

Imports by Country

Singapore (X tons), Canada (X tons) and China (X tons) were the main suppliers of other chemical products imports to the United States, with a combined X% share of total imports.

From 2012 to 2016, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to the United States were Singapore ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average other chemical products import price stood at $X per ton in 2016, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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