U.S. - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S. July 2023 Exports of Acyclic Monocarboxylic Acids Reach $143M
U.S. Saturated Acyclic Monocarboxylic Acids Exports
Saturated acyclic monocarboxylic acids exports from the United States contracted markedly to 141K tons in July 2023, which is down by -24.2% against June 2023. Over the period under review, exports showed a mild contraction. The pace of growth appeared the most rapid in June 2023 with an increase of 52% month-to-month. As a result, the exports reached the peak of 186K tons, and then declined sharply in the following month.
In value terms, saturated acyclic monocarboxylic acids exports contracted remarkably to $143M (IndexBox estimates) in July 2023. Overall, exports showed a perceptible curtailment. The pace of growth was the most pronounced in October 2022 when exports increased by 27% month-to-month. 
| COUNTRY | Export Value of Saturated Acyclic Monocarboxylic Acids in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| Mexico | 50.0 | 44.9 | 34.9 | 46.1 | 37.8 | 31.1 | 42.0 | 44.2 | 35.5 | 40.3 | 28.0 | 30.0 | 37.5 |
| Belgium | 66.9 | 66.3 | 30.8 | 61.5 | 47.3 | 75.9 | 93.4 | 46.2 | 59.8 | 31.7 | 47.6 | 80.0 | 35.3 |
| Canada | 25.0 | 25.4 | 22.7 | 22.9 | 20.0 | 17.3 | 19.5 | 17.5 | 22.1 | 17.6 | 17.1 | 18.7 | 16.3 |
| India | 5.7 | 5.7 | 4.2 | 5.5 | 4.8 | 3.0 | 7.8 | 7.4 | 6.1 | 4.9 | 4.7 | 3.4 | 9.9 |
| Brazil | 15.4 | 20.6 | 23.9 | 23.7 | 14.8 | 15.2 | 14.0 | 8.9 | 16.9 | 12.3 | 14.1 | 9.0 | 9.7 |
| Singapore | 8.8 | 12.6 | 9.2 | 9.4 | 3.6 | 6.6 | 17.0 | 7.5 | 13.0 | 10.0 | 5.1 | 4.9 | 8.3 |
| Netherlands | 21.4 | 12.8 | 14.3 | 14.8 | 12.4 | 5.4 | 6.8 | 18.2 | 13.7 | 9.1 | 12.5 | 12.3 | 2.9 |
| Others | 45.2 | 39.9 | 43.2 | 49.7 | 32.2 | 31.9 | 26.1 | 25.8 | 44.6 | 30.7 | 28.1 | 31.3 | 23.5 |
| Total | 238 | 228 | 183 | 233 | 173 | 186 | 227 | 176 | 212 | 157 | 157 | 190 | 143 |
Exports by Country
Belgium (45K tons), Mexico (39K tons) and Singapore (13K tons) were the main destinations of saturated acyclic monocarboxylic acids exports from the United States, with a combined 68% share of total exports. India, Brazil, Canada and the Netherlands lagged somewhat behind, together accounting for a further 24%.
From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +16.5%), while the other leaders experienced mixed trend patterns.
In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from the United States were Mexico ($38M), Belgium ($35M) and Canada ($16M), together comprising 62% of total exports. These countries were followed by India, Brazil, Singapore and the Netherlands, which together accounted for a further 21%.
India, with a CAGR of +4.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Exports by Type
Acetic acid (73K tons), esters of acetic acid (excluding ethyl acetate) (44K tons) and mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters (14K tons) were the main products of saturated acyclic monocarboxylic acids exports from the United States, with a combined 93% share of total exports. These products were followed by lauric acid and other acids, their salts and esters, formic acid, its salts and esters, ethyl acetate, acetic anhydride, palmitic acid, stearic acid, their salts and esters and salts of acetic acid, which together accounted for a further 7%.
From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by formic acid, its salts and esters (with a CAGR of +1.6%), while the other products experienced mixed trend patterns.
In value terms, the most traded types of saturated acyclic monocarboxylic acids in the United States were esters of acetic acid (excluding ethyl acetate) ($53M), acetic acid ($38M) and lauric acid and other acids, their salts and esters ($19M), together accounting for 77% of total exports. These products were followed by mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters, palmitic acid, stearic acid, their salts and esters, formic acid, its salts and esters, ethyl acetate, acetic anhydride and salts of acetic acid, which together accounted for a further 23%.
Formic acid, its salts and esters, with a CAGR of +1.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review, while shipments for the other products experienced a decline.
Export Prices by Country
In July 2023, the saturated acyclic monocarboxylic acids price stood at $1,014 per ton (FOB, US), leveling off at the previous month. Overall, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in September 2022 an increase of 7.8% month-to-month. As a result, the export price reached the peak level of $1,631 per ton. From October 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($4,537 per ton), while the average price for exports to Singapore ($659 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.1%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids 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 20143215 - Ethyl acetate
- Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
- Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
- Prodcom 20143230 -
- Prodcom 20143240 -
- Prodcom 20143250 - Formic acid, its salts and esters
- Prodcom 20143271 - Acetic acid
- Prodcom 20143278 - Salts of acetic acid
- Prodcom 20143280 - Lauric acid and others, salts and esters
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
