Northern America: Methyl Isobutyl Ketone Market 2025

Methyl Isobutyl Ketone Market Size in Northern America

The North American methyl isobutyl ketone market declined slightly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, saw a slight descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Methyl Isobutyl Ketone Production in Northern America

In value terms, methyl isobutyl ketone production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The growth pace was the most rapid in 2016 when the production volume increased by 54% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Methyl Isobutyl Ketone Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in shipments abroad of X-methylpentan-2-one (methyl isobutyl ketone), when their volume decreased by -44.7% to X tons. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, methyl isobutyl ketone exports contracted significantly to $X in 2022. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 48%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from the United States (X tons), together finishing at 100% of total export.

The United States was also the fastest-growing in terms of the X-methylpentan-2-one (methyl isobutyl ketone) exports, with a CAGR of -5.9% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest methyl isobutyl ketone supplier in Northern America.

In the United States, methyl isobutyl ketone exports plunged by an average annual rate of -3.9% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by 19% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methyl isobutyl ketone export price increased by +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by 77% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.1% per year.

Methyl Isobutyl Ketone Imports

Imports in Northern America

In 2022, overseas purchases of X-methylpentan-2-one (methyl isobutyl ketone) decreased by -10.5% to X tons, falling for the fifth year in a row after three years of growth. Over the period under review, imports saw a perceptible slump. The pace of growth was the most pronounced in 2016 when imports increased by 27%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, methyl isobutyl ketone imports stood at $X in 2022. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of 25%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States was the major importer of X-methylpentan-2-one (methyl isobutyl ketone) in Northern America, with the volume of imports finishing at X tons, which was near 85% of total imports in 2022. It was distantly followed by Canada (X tons), creating a 15% share of total imports.

Imports into the United States decreased at an average annual rate of -4.7% from 2012 to 2022. Canada (-1.1%) illustrated a downward trend over the same period. Canada (+4.2 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -4.2% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported X-methylpentan-2-one (methyl isobutyl ketone) in Northern America, comprising 79% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled -4.4%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, increasing by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 51%. Over the period under review, import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.9%).

Source: IndexBox Platform

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