Northern America: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Northern America

The North American cyclanes, cyclenes and cycloterpenes market dropped to $X in 2021, shrinking by -9.4% against the previous year. Overall, consumption showed a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Northern America

In value terms, cyclanes, cyclenes and cycloterpenes production reduced sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports in Northern America

In 2021, cyclanes, cyclenes and cycloterpenes exports in Northern America skyrocketed to X tons, picking up by 16% on the year before. In general, exports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 29%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes exports soared to $X in 2021. Overall, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 32%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States prevails in exports structure, reaching X tons, which was approx. 96% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of exports of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane). Canada (-14.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +10 percentage points.

In value terms, the United States ($X) remains the largest cyclanes, cyclenes and cycloterpenes supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 3% share of total exports.

In the United States, cyclanes, cyclenes and cycloterpenes exports plunged by an average annual rate of -2.6% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 6.3% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by 12% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, 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 Canada (+3.3%).

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports in Northern America

In 2021, purchases abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) was finally on the rise to reach X tons after two years of decline. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -23.2% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 31% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes imports surged to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The United States was the main importer of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in Northern America, with the volume of imports recording X tons, which was near 88% of total imports in 2021. It was distantly followed by Canada (X tons), generating a 12% share of total imports.

Imports into the United States increased at an average annual rate of +2.4% from 2012 to 2021. At the same time, Canada (+5.4%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +5.4% from 2012-2021. Canada (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -2.5% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

In the United States, cyclanes, cyclenes and cycloterpenes imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, surging by 26% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.9%).

Source: IndexBox Platform

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