Northern America: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Northern America

In 2021, the North American unsaturated acyclic hydrocarbons market decreased by -5.1% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Production in Northern America

In value terms, unsaturated acyclic hydrocarbons production contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted slightly in the following year.

Unsaturated Acyclic Hydrocarbons Exports

Exports in Northern America

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were exported in Northern America; with an increase of 3.5% against 2020 figures. The total export volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 19% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the United States (X tons) was the key exporter of unsaturated acyclic hydrocarbons, mixing up 80% of total exports. It was distantly followed by Canada (X tons), mixing up a 20% share of total exports.

The United States was also the fastest-growing in terms of the unsaturated acyclic hydrocarbons exports, with a CAGR of +5.6% from 2012 to 2021. At the same time, Canada (+1.3%) displayed positive paces of growth. The United States (+6.6 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -6.6% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest unsaturated acyclic hydrocarbons supplier in Northern America, comprising 82% of total exports. The second position in the ranking was taken by Canada ($X), with an 18% share of total exports.

In the United States, unsaturated acyclic hydrocarbons exports expanded at an average annual rate of +3.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 30% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably 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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-1.5%).

Unsaturated Acyclic Hydrocarbons Imports

Imports in Northern America

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were imported in Northern America; increasing by 1.9% against 2020 figures. Over the period under review, imports, however, saw a slight decrease. The pace of growth appeared the most rapid in 2016 when imports increased by 6.6%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons imports soared to $X in 2021. Overall, imports, however, showed a noticeable downturn. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the largest importer of unsaturated acyclic hydrocarbons, committing 78% of total imports. It was distantly followed by Canada (X tons), comprising a 22% share of total imports.

Imports into the United States decreased at an average annual rate of -2.0% from 2012 to 2021. Canada experienced a relatively flat trend pattern. From 2012 to 2021, the share of Canada increased by +2.7 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported unsaturated acyclic hydrocarbons in Northern America, comprising 78% of total imports. The second position in the ranking was held by Canada ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to -4.5%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 27% against the previous year. In general, the import price, however, recorded a perceptible decrease. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-2.2%).

Source: IndexBox Platform

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