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U.S. - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

U.S. - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights

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Apr 13, 2021

Cut in Production Royalty Rate to Support American Soda Ash Producers

IndexBox has just published a new report: 'U.S. - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The fall in the production and consumption of soda ash (sodium carbonate) on the American market was precipitated by the declining demand in the consumer industries and exacerbated by the Covid crisis. The cut introduced in 2021 in terms of royalty rates for soda ash production to enable producers to reestablish competitive prices and regain their positions on the export markets.

Key Trends and Insights

In 2020, American soda ash production fell to 9.7M tons, a decline of 17% against the previous year. The consumption volume also declined over the third consecutive year, standing at approx. 4.1M tons in 2020. This downturn is largely shaped by the drop in demand from downstream industries, particularly, glass production, hampered by the pandemic.

Exports also fell from 7.0M tons in 2019 to 5.7M tons in 2020. To struggle with this downward trend, the cut in production royalty rates in Wyoming, the base for four out of the five American soda ash production plants, from 6% to 2% was introduced in January 2021. This is to enable producers to scale down prices, thereby making the product competitive on both the domestic and export markets.

A significant increase in demand for soda ash from the glass industry, which comprises near 48% of the market, is not anticipated in the medium term. Despite construction growth in the second half of 2020, overall, the American glass output continued to decline over the second consecutive year due to competition from alternative packaging materials for canned food and drinks, and the rise in the recycling and reuse of glass products.

Almost all American soda ash is manufactured using the Trona process. This is more energy-efficient than other forms of production technologies (Solvay and Hou), reflecting the provisions of the Paris Agreement on reducing greenhouse gas emissions.

The wave of suburban construction growth started in the 2nd half of 2020, is set to continue in the immediate term, which is to promote glass production. Should the pandemic wane in 2021, market performance is forecast to expand with an anticipated CAGR of +0.4% for the period from 2019 to 2030, driven by the gradual recovery of the economy and incomes. This is projected to bring the market volume to 7.7M tons by the end of 2030 (IndexBox estimates).

Mexico to Remain the Major Export Destination for the American Soda Ash

In 2019, the amount of sodium carbonate exported from the U.S. stood at 7M tons, remaining relatively unchanged against the previous year's figure. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. In value terms, sodium carbonate exports amounted to $1.6B (IndexBox estimates) in 2019.

Mexico (1.3M tons), Indonesia (828K tons) and Brazil (793K tons) were the main destinations of sodium carbonate exports from the U.S., with a combined 42% share of total exports. Malaysia, Chile, Vietnam, Thailand, India, Japan, Australia, South Korea, Taiwan (Chinese) and Canada lagged somewhat behind, together comprising a further 43%.

In value terms, Mexico ($307M), Indonesia ($185M) and Brazil ($165M) constituted the largest markets for sodium carbonate exported from the U.S. worldwide, with a combined 42% share of total exports. These countries were followed by Malaysia, Chile, Vietnam, Thailand, Australia, South Korea, Japan, Taiwan (Chinese), India and Canada, which together accounted for a further 43%.

In terms of the main countries of destination, Malaysia recorded the highest rates of growth concerning the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

The average sodium carbonate export price stood at $221 per ton in 2019, with an increase of 5.4% against the previous year. Over the last seven-year period, it increased at an average annual rate of +1.3%.

Average prices varied somewhat for the major external markets. In 2019, the countries with the highest prices were Vietnam ($242 per ton) and Canada ($240 per ton), while the average prices for exports to India ($178 per ton) and Japan ($205 per ton) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium carbonate market 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 20134310 - Disodium carbonate

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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