Northern America: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Northern America

The North American market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function soared to $X in 2022, surging by 18% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Northern America

In value terms, butanal butanal and acyclic aldehydes production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 67% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports in Northern America

Butanal butanal and acyclic aldehydes exports dropped to X tons in 2022, approximately equating 2021 figures. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.6% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 37%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports surged to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) represented roughly 100% of total exports in 2022.

The United States was also the fastest-growing in terms of the butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports, with a CAGR of +7.4% 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 butanal butanal and acyclic aldehydes supplier in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +8.4%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, jumping by 53% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 +0.9% per year.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports in Northern America

In 2022, supplies from abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 0.7% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.1% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by 83%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes imports surged to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States dominates imports structure, recording X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a 7.8% share of total imports.

Imports into the United States increased at an average annual rate of +8.7% from 2012 to 2022. At the same time, Canada (+11.7%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +11.7% from 2012-2022. From 2012 to 2022, the share of Canada increased by +1.8 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function in Northern America, comprising 89% of total imports. The second position in the ranking was held by Canada ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +4.8%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, rising by 24% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).

Source: IndexBox Platform

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