Northern America: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Northern America

In 2022, the North American cyclanic, cyclenic hydrocarbons derivatives market was finally on the rise to reach $X after three years of decline. In general, consumption, however, continues to indicate a significant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Northern America

In value terms, cyclanic, cyclenic hydrocarbons derivatives production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 6.7%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports in Northern America

In 2022, exports of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in Northern America skyrocketed to X tons, jumping by 62% compared with 2021. In general, exports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 74%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports surged to $X in 2022. Overall, exports, however, faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 114% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United States (X tons) was the major exporter of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in Northern America, comprising 99% of total export.

The United States was also the fastest-growing in terms of the halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports, with a CAGR of -29.1% 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 cyclanic, cyclenic hydrocarbons derivatives supplier in Northern America.

In the United States, cyclanic, cyclenic hydrocarbons derivatives exports shrank by an average annual rate of -20.2% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, waning by -5.9% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when the export price increased by 67%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted in the following year.

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 +12.6% per year.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports in Northern America

After three years of decline, supplies from abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 7% to X tons in 2022. In general, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of 313% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports expanded rapidly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 203%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States prevails in imports structure, finishing at X tons, which was near 96% of total imports in 2022. Canada (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons imports, with a CAGR of -4.3% from 2012 to 2022. Canada (-8.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +2 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in Northern America, comprising 96% of total imports. The second position in the ranking was taken by Canada ($X), with a 4.1% share of total imports.

In the United States, cyclanic, cyclenic hydrocarbons derivatives imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, standing approx. at the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclanic, cyclenic hydrocarbons derivatives import price increased by +82.1% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 25% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 the United States (+4.8%).

Source: IndexBox Platform

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