U.S.: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in the U.S.

The U.S. chlorosulphuric acid market was finally on the rise to reach $X in 2022, after three years of decline. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Chlorosulphuric acid consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Chlorosulphuric Acid Production in the U.S.

In value terms, chlorosulphuric acid production amounted to $X in 2022. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 14% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Chlorosulphuric Acid Exports

Exports from the U.S.

After three years of growth, shipments abroad of chlorosulphuric acid decreased by -64.9% to X tons in 2022. In general, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 254% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, chlorosulphuric acid exports contracted dramatically to $X in 2022. Over the period under review, exports recorded a pronounced decrease. The growth pace was the most rapid in 2021 when exports increased by 251% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

Singapore (X tons) was the main destination for chlorosulphuric acid exports from the United States, with a 94% share of total exports. It was followed by Brazil (X tons), with a 2.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +148.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and Canada (-18.5% per year).

In value terms, Singapore ($X) remains the key foreign market for chlorosulphuric acid exports from the United States, comprising 92% of total exports. The second position in the ranking was taken by Brazil ($X), with a 2.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at +148.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and Canada (-18.5% per year).

Export Prices by Country

In 2022, the average chlorosulphuric acid export price amounted to $X per ton, shrinking by -46.1% against the previous year. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of 219%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.1%).

Chlorosulphuric Acid Imports

Imports into the U.S.

In 2022, supplies from abroad of chlorosulphuric acid increased by 138% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 235%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, chlorosulphuric acid imports surged to $X in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 911%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Switzerland (X tons), Peru (X tons) and Colombia (X tons) were the main suppliers of chlorosulphuric acid imports to the United States, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +64.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of chlorosulphuric acid to the United States, comprising 60% of total imports. The second position in the ranking was taken by Peru ($X), with a 17% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland totaled +47.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (0.0% per year) and Germany (+34.1% per year).

Import Prices by Country

The average chlorosulphuric acid import price stood at $X per ton in 2022, with a decrease of -22% against the previous year. Overall, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2014 when the average import price increased by 481% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+49.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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