Report U.S. - Propan-1-Ol (Propyl Alcohol) and Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 20, 2022

U.S. - Propan-1-Ol (Propyl Alcohol) and Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Market for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) 2022

Market Size for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in the U.S.

In 2021, the U.S. propyl and isopropyl alcohol market increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption showed a resilient increase. Propyl and isopropyl alcohol consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Propan-X (Propyl Alcohol) And Propan-X (Isopropyl Alcohol) in the U.S.

In value terms, propyl and isopropyl alcohol production dropped to $X in 2021. Over the period under review, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Exports from the U.S.

In 2021, the amount of propan-X (propyl alcohol) and propan-X (isopropyl alcohol) exported from the United States contracted notably to X tons, which is down by -X% against the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then fell rapidly in the following year.

In value terms, propyl and isopropyl alcohol exports shrank to $X in 2021. The total export 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. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Mexico (X tons) and Canada (X tons) were the main destinations of propyl and isopropyl alcohol exports from the United States, together accounting for X% of total exports. Brazil, Colombia, China, India, Peru and Argentina lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Belgium ($X) and Canada ($X) constituted the largest markets for propyl and isopropyl alcohol exported from the United States worldwide, together accounting for X% of total exports. These countries were followed by Brazil, Colombia, China, India, Peru and Argentina, which together accounted for a further X the main countries of destination, Brazil, 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 2021, the average propyl and isopropyl alcohol export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price recorded a mild expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Peru ($X per ton) and Mexico ($X per ton), while the average price for exports to India ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Imports into the U.S.

In 2021, overseas purchases of propan-X (propyl alcohol) and propan-X (isopropyl alcohol) decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. 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 pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, propyl and isopropyl alcohol imports rose remarkably to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Canada (X tons) constituted the largest propyl and isopropyl alcohol supplier to the United States, accounting for a X% share of total imports. Moreover, propyl and isopropyl alcohol imports from Canada exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and South Korea (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of propyl and isopropyl alcohol to the United States, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2021, the average propyl and isopropyl alcohol import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 40% of global consumption. These countries were followed by Japan, Taiwan Chinese), Brazil, Germany, Turkey, Mexico, Canada, Malaysia, Spain and France, which together accounted for a further 27%.
What are the largest producers of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and Japan, together comprising 51% of global production.
What are the leading suppliers of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) to the U.S.?
+
In value terms, Canada constituted the largest supplier of propyl and isopropyl alcohol to the United States, comprising 58% of total imports. The second position in the ranking was taken by South Africa, with a 13% share of total imports. It was followed by South Korea, with a 12% share.
What are the leading importers of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) from the U.S.?
+
In value terms, Mexico, Belgium and Canada appeared to be the largest markets for propyl and isopropyl alcohol exported from the United States worldwide, together comprising 57% of total exports. Brazil, Colombia, China, India, Peru and Argentina lagged somewhat behind, together accounting for a further 24%.
What is the average export price for propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in the U.S.?
+
The average propyl and isopropyl alcohol export price stood at $1,363 per ton in 2021, with an increase of 21% against the previous year.
What is the average import price for propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in the U.S.?
+
In 2021, the average propyl and isopropyl alcohol import price amounted to $1,286 per ton, rising by 24% against the previous year.

This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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