Northern America: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Northern America

The North American halogenated hydrocarbon derivative market expanded slightly to $X in 2022, with an increase of 1.9% against the previous year. In general, consumption, however, saw a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Halogenated Hydrocarbon Derivative Production in Northern America

In value terms, halogenated hydrocarbon derivative production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 33%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Halogenated Hydrocarbon Derivative Exports

Exports in Northern America

For the third year in a row, Northern America recorded decline in shipments abroad of halogenated derivatives of hydrocarbons, which decreased by -1.5% to X tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 28%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports expanded markedly to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +34.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from the United States (X tons), together resulting at 100% of total export.

The United States experienced a relatively flat trend pattern with regard to volume of exports of halogenated derivatives of hydrocarbons. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest halogenated hydrocarbon derivative supplier in Northern America.

In the United States, halogenated hydrocarbon derivative exports increased at an average annual rate of +4.4% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 9.1% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, halogenated hydrocarbon derivative export price increased by +43.6% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, the export prices attained the maximum in 2022 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 +3.8% per year.

Halogenated Hydrocarbon Derivative Imports

Imports in Northern America

In 2022, approx. X tons of halogenated derivatives of hydrocarbons were imported in Northern America; declining by -5.1% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 18% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, halogenated hydrocarbon derivative imports skyrocketed to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +81.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of halogenated hydrocarbon derivative imports in 2022 were the United States (X tons) and Canada (X tons), together amounting to 99.9% of total import.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +1.1%).

In value terms, the United States ($X) constitutes the largest market for imported halogenated derivatives of hydrocarbons in Northern America, comprising 72% of total imports. The second position in the ranking was held by Canada ($X), with a 28% share of total imports.

In the United States, halogenated hydrocarbon derivative imports increased at an average annual rate of +3.5% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, increasing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

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

Source: IndexBox Platform

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