Northern America - Melamine Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Melamine Resins Market 2024
Melamine Resins Market Size in Northern America
In 2021, after four years of growth, there was decline in the North American melamine resins market, when its value decreased by -1.8% to $X. Overall, consumption, however, enjoyed a strong increase. The level of consumption peaked at $X in 2020, and then dropped slightly in the following year.
Melamine Resins Production in Northern America
In value terms, melamine resins production reduced modestly to $X in 2021 estimated in export price. In general, production, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 57% against the previous year. The level of production peaked at $X in 2020, and then shrank in the following year.
Melamine Resins Exports
Exports in Northern America
In 2021, overseas shipments of melamine resins in primary forms were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 62%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.
In value terms, melamine resins exports surged to $X in 2021. Overall, exports, however, continue to indicate a perceptible setback. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
Exports by Country
The United States represented the key exporting country with an export of about X tons, which recorded 76% of total exports. It was distantly followed by Canada (X tons), creating a 24% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to melamine resins exports from the United States stood at -4.2%. Canada (-1.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +3.9 percentage points.
In value terms, the United States ($X) remains the largest melamine resins supplier in Northern America, comprising 89% of total exports. The second position in the ranking was held by Canada ($X), with an 11% share of total exports.
From 2012 to 2021, the average annual growth rate of value in the United States amounted to -3.6%.
Export Prices by Country
The export price in Northern America stood at $X per ton in 2021, surging by 12% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 22%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($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 (+2.1%).
Melamine Resins Imports
Imports in Northern America
In 2021, overseas purchases of melamine resins in primary forms were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 71%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, melamine resins imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 46% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
The United States was the major importer of melamine resins in primary forms in Northern America, with the volume of imports resulting at X tons, which was near 70% of total imports in 2021. It was distantly followed by Canada (X tons), committing a 30% share of total imports.
The United States experienced a relatively flat trend pattern with regard to volume of imports of melamine resins in primary forms. Canada experienced a relatively flat trend pattern. From 2012 to 2021, the share of Canada increased by +1.6 percentage points.
In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2021.
Among the main importing countries, the United States, with a CAGR of +0.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
In 2021, the import price in Northern America amounted to $X per ton, picking up by 16% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 31%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.1%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine resins, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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