Report Update Nov 1, 2024

Northern America - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Ethanal Market 2024

Ethanal Market Size in Northern America

The North American ethanal market stood at $X in 2022, picking up by 4.9% against the previous year. Over the period under review, consumption, however, saw a mild setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Ethanal Production in Northern America

In value terms, ethanal production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 35% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Ethanal Exports

Exports in Northern America

After three years of growth, overseas shipments of ethanal (acetaldehyde) decreased by -53.6% to X tons in 2022. Overall, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 401%. The volume of export peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, ethanal exports dropped significantly to $X in 2022. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 323%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of ethanal (acetaldehyde), namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the ethanal (acetaldehyde) exports, with a CAGR of +14.4% 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 ethanal supplier in Northern America.

In the United States, ethanal exports increased at an average annual rate of +12.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by 70% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 -1.9% per year.

Ethanal Imports

Imports in Northern America

In 2022, imports of ethanal (acetaldehyde) in Northern America skyrocketed to X tons, rising by 102% compared with the previous year's figure. In general, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 466%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ethanal imports shrank dramatically to $X in 2022. Overall, imports posted notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by 310% against the previous year. The level of import peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

Canada was the largest importer of ethanal (acetaldehyde) in Northern America, with the volume of imports finishing at X tons, which was near 69% of total imports in 2022. It was distantly followed by the United States (X tons), constituting a 31% share of total imports.

Imports into Canada decreased at an average annual rate of -45.5% from 2012 to 2022. At the same time, the United States (+6.1%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of +6.1% from 2012-2022. While the share of Canada (+69 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (-67.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported ethanal (acetaldehyde) in Northern America, comprising 83% of total imports. The second position in the ranking was taken by Canada ($X), with a 16% share of total imports.

In the United States, ethanal imports expanded at an average annual rate of +3.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, declining by -83% against the previous year. Overall, the import price faced a deep setback. The pace of growth was the most pronounced in 2021 when the import price increased by 734% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethanal (acetaldehyde) in Northern America?

The United States remains the largest ethanal consuming country in Northern America, accounting for 95% of total volume. Moreover, ethanal consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

What are the largest producers of ethanal (acetaldehyde) in Northern America?

The country with the largest volume of ethanal production was the United States, comprising approx. 100% of total volume.

What are the leading suppliers of ethanal (acetaldehyde) in Northern America?

In value terms, the United States remains the largest ethanal supplier in Northern America.

What are the leading importers of ethanal (acetaldehyde) in Northern America?

In value terms, Canada and the United States were the countries with the highest levels of imports in 2021.

What is the average export price for ethanal (acetaldehyde) in Northern America?

In 2021, the export price in Northern America amounted to $969 per ton, which is down by -33.6% against the previous year.

What is the average import price for ethanal (acetaldehyde) in Northern America?

The import price in Northern America stood at $941 per ton in 2021, reducing by -43.7% against the previous year.

This report provides an in-depth analysis of the ethanal market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146113 - Ethanal (acetaldehyde)

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023