U.S.: Market for All other miscellaneous chemical product and preparation 2024

Market Size for All other miscellaneous chemical product and preparation in the U.S.

The U.S. market for all other miscellaneous chemical product and preparation was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of All other miscellaneous chemical product and preparation in the U.S.

In value terms, production of all other miscellaneous chemical product and preparation reduced modestly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of All other miscellaneous chemical product and preparation

Exports from the U.S.

Exports of all other miscellaneous chemical product and preparation from the United States declined rapidly to X tons in 2022, which is down by X% compared with the year before. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, exports of all other miscellaneous chemical product and preparation expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of exports of all other miscellaneous chemical product and preparation from the United States, with a combined X% share of total exports. Singapore, France, Belgium, the UK, Brazil, Japan, South Korea, India and Colombia lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and China ($X) constituted the largest markets for all other miscellaneous chemical product and preparation exported from the United States worldwide, together accounting for X% of total exports.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 export price for all other miscellaneous chemical product and preparation stood at $X per ton in 2022, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of All other miscellaneous chemical product and preparation

Imports into the U.S.

In 2022, supplies from abroad of all other miscellaneous chemical product and preparation increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated resilient growth from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of all other miscellaneous chemical product and preparation surged to $X in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Canada (X tons) and Germany (X tons) were the main suppliers of imports of all other miscellaneous chemical product and preparation to the United States, together comprising X% of total imports. Japan, Mexico, India, France, South Korea, Brazil, Italy, the UK and Sri Lanka lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest all other miscellaneous chemical product and preparation suppliers to the United States were Japan ($X), South Korea ($X) and China ($X), together comprising X% of total imports.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for all other miscellaneous chemical product and preparation stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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