Northern America: Abs Copolymers Market 2024

Abs Copolymers Market Size in Northern America

In 2021, after two years of decline, there was significant growth in the North American ABS copolymers market, when its value increased by 17% to $X. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Abs Copolymers Production in Northern America

In value terms, ABS copolymers production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 19%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Abs Copolymers Exports

Exports in Northern America

In 2021, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers exports surged to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, accounting for X tons, which was approx. 95% of total exports in 2021. It was distantly followed by Canada (X tons), making up a 4.7% share of total exports.

Exports from the United States increased at an average annual rate of +4.0% from 2012 to 2021. At the same time, Canada (+11.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +11.0% from 2012-2021. While the share of Canada (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest ABS copolymers supplier in Northern America, comprising 96% of total exports. The second position in the ranking was held by Canada ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +2.4%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 5.5% against the previous year. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 when the export price increased by 7.7%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.6%).

Abs Copolymers Imports

Imports in Northern America

After three years of decline, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 43% to X tons in 2021. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers imports skyrocketed to $X in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the main importing country with an import of about X tons, which reached 78% of total imports. It was distantly followed by Canada (X tons), achieving a 22% share of total imports.

The United States was also the fastest-growing in terms of the acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imports, with a CAGR of +4.0% from 2012 to 2021. At the same time, Canada (+3.0%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +1.6 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Northern America, comprising 79% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports.

In the United States, ABS copolymers imports increased at an average annual rate of +3.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, picking up by 41% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.6%).

Source: IndexBox Platform

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