Northern America: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Northern America

The North American aniline derivatives market rose notably to $X in 2021, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Aniline Derivatives Production in Northern America

In value terms, aniline derivatives production skyrocketed to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 43%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Aniline Derivatives Exports

Exports in Northern America

In 2021, overseas shipments of aniline derivatives and their salts decreased by -1.1% to X tons, falling for the third year in a row after three years of growth. In general, exports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 62%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, aniline derivatives exports rose rapidly to $X in 2021. Overall, exports, however, saw a slight expansion. The pace of growth was the most pronounced in 2018 when exports increased by 91%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States was the major exporting country with an export of about X tons, which finished at 88% of total exports. It was distantly followed by Canada (X tons), making up a 12% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of aniline derivatives and their salts. At the same time, Canada (+33.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +33.6% from 2012-2021. While the share of Canada (+11 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-11 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest aniline derivatives supplier in Northern America, comprising 82% of total exports. The second position in the ranking was held by Canada ($X), with an 18% share of total exports.

In the United States, aniline derivatives exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 6.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 66%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.3%).

Aniline Derivatives Imports

Imports in Northern America

After two years of decline, overseas purchases of aniline derivatives and their salts increased by 7.3% to X tons in 2021. Overall, imports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, aniline derivatives imports shrank to $X in 2021. In general, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 26%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The United States dominates imports structure, reaching X tons, which was approx. 97% of total imports in 2021. Canada (X tons) followed a long way behind the leaders.

Imports into the United States decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Canada (+5.7%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +5.7% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported aniline derivatives and their salts in Northern America, comprising 97% of total imports. The second position in the ranking was taken by Canada ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to -6.7%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, waning by -11% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when the import price increased by 6.1%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, 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 Canada (-3.9%).

Source: IndexBox Platform

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