Report Update Nov 1, 2024

Northern America - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: P-Xylene Market 2024

P-Xylene Market Size in Northern America

After three years of growth, the North American p-xylene market decreased by -13.1% to $X in 2021. Over the period under review, consumption, however, showed buoyant growth. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

P-Xylene Production in Northern America

In value terms, p-xylene production declined to $X in 2021 estimated in export price. Overall, production, however, showed a strong increase. The growth pace was the most rapid in 2019 with an increase of 74% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

P-Xylene Exports

Exports in Northern America

P-xylene exports declined to X tons in 2021, which is down by -6.5% against the year before. Overall, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2016 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, p-xylene exports skyrocketed to $X in 2021. Over the period under review, exports showed a abrupt setback. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, finishing at X tons, which was near 97% of total exports in 2021. Canada (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to p-xylene exports from the United States stood at -2.8%. At the same time, Canada (+7.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +7.8% from 2012-2021. From 2012 to 2021, the share of Canada increased by +1.6 percentage points.

In value terms, the United States ($X) remains the largest p-xylene supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 2.9% share of total exports.

In the United States, p-xylene exports declined by an average annual rate of -8.6% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 40% against the previous year. In general, the export price, however, continues to indicate a deep setback. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, 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 (-5.0%).

P-Xylene Imports

Imports in Northern America

In 2021, supplies from abroad of p-xylene decreased by -5.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by 72%. The volume of import peaked at X tons in 2020, and then declined in the following year.

In value terms, p-xylene imports skyrocketed to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 increased by +106.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 27%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons) represented the main importer of p-xylene in Northern America, mixing up 99.9% of total import.

The United States was also the fastest-growing in terms of the p-xylene imports, with a CAGR of +13.1% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported p-xylene in Northern America.

In the United States, p-xylene imports increased at an average annual rate of +5.7% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, growing by 34% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -6.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for p-xylene in Northern America?

The country with the largest volume of p-xylene consumption was the United States, comprising approx. 96% of total volume. Moreover, p-xylene consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

What are the largest producers of p-xylene in Northern America?

The United States constituted the country with the largest volume of p-xylene production, comprising approx. 96% of total volume. Moreover, p-xylene production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.

What are the leading suppliers of p-xylene in Northern America?

In value terms, the United States remains the largest p-xylene supplier in Northern America.

What are the leading importers of p-xylene in Northern America?

In value terms, the United States constitutes the largest market for imported p-xylene in Northern America.

What is the average export price for p-xylene in Northern America?

In 2021, the export price in Northern America amounted to $845 per ton, with an increase of 40% against the previous year.

What is the average import price for p-xylene in Northern America?

In 2021, the import price in Northern America amounted to $824 per ton, picking up by 34% against the previous year.

This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene

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