U.S.: Abs Copolymers Market 2024

Abs Copolymers Market Size in the U.S.

In 2021, the U.S. ABS copolymers market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Abs Copolymers Production in the U.S.

In value terms, ABS copolymers production rose notably to $X in 2021. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 18%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Abs Copolymers Exports

Exports from the U.S.

After three years of decline, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 39% to X tons in 2021. The total export volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers exports soared to $X in 2021. The total export value increased at an average annual rate of +2.4% 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

Mexico (X tons), Canada (X tons) and Malaysia (X tons) were the main destinations of ABS copolymers exports from the United States, with a combined 77% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +79.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ABS copolymers exported from the United States were Mexico ($X), Canada ($X) and Belgium ($X), together comprising 76% of total exports. Spain, China and Malaysia lagged somewhat behind, together comprising a further 12%.

Malaysia, with a CAGR of +53.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ABS copolymers export price stood at $X per ton in 2021, with an increase of 5.4% against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 8.7%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.4%), while the prices for the other major destinations experienced a decline.

Abs Copolymers Imports

Imports into the U.S.

In 2021, after three years of decline, there was significant growth in supplies from abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, when their volume increased by 45% to X tons. The total import volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Mexico (X tons) were the main suppliers of ABS copolymers imports to the United States, together accounting for 81% of total imports. The Netherlands, Belgium, Germany, Japan and Thailand lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +53.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ABS copolymers suppliers to the United States were South Korea ($X), Taiwan (Chinese) ($X) and Mexico ($X), with a combined 82% share of total imports. Belgium, the Netherlands, Germany, Japan and Thailand lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Belgium, with a CAGR of +45.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ABS copolymers import price amounted to $X per ton, jumping by 43% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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