Northern America: Alums Market 2024

Alums Market Size in Northern America

The North American alums market rose slightly to $X in 2022, with an increase of 3.9% against the previous year. Over the period under review, consumption showed a measured increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Alums Production in Northern America

In value terms, alums production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 45% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Alums Exports

Exports in Northern America

In 2022, alums exports in Northern America surged to X tons, rising by 46% on the previous year's figure. In general, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 58% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, alums exports soared to $X in 2022. Over the period under review, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2019 when exports increased by 59% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, amounting to X tons, which was approx. 92% of total exports in 2022. It was distantly followed by Canada (X tons), comprising an 8.2% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of alums. Canada (-25.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +56 percentage points.

In value terms, the United States ($X) remains the largest alums supplier in Northern America, comprising 77% of total exports. The second position in the ranking was taken by Canada ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +7.0%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, waning by -8.1% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alums export price decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by 43%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 (+14.9%).

Alums Imports

Imports in Northern America

In 2022, approx. X tons of alums were imported in Northern America; surging by 14% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 68% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, alums imports expanded notably to $X in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States prevails in imports structure, recording X tons, which was near 93% of total imports in 2022. It was distantly followed by Canada (X tons), constituting a 7.1% share of total imports.

The United States was also the fastest-growing in terms of the alums imports, with a CAGR of +1.5% from 2012 to 2022. Canada (-12.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +18 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported alums in Northern America, comprising 91% of total imports. The second position in the ranking was held by Canada ($X), with an 8.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +4.6%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, which is down by -3% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2016 when the import price increased by 41% against the previous year. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably 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 (+23.7%).

Source: IndexBox Platform

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