U.S.: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the U.S.

The U.S. market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X in 2022, rising by 7.3% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.5% against 2018 indices. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the U.S.

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof reached $X in 2022. In general, production showed a buoyant expansion. The growth pace was the most rapid in 2019 when the production volume increased by 96%. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from the U.S.

For the third consecutive year, the United States recorded decline in overseas shipments of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, which decreased by -39.8% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 60% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof shrank dramatically to $X in 2022. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by 103%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from the United States, accounting for a 43% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Canada exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-7.7% per year) and Mexico (-11.4% per year).

In value terms, Canada ($X) emerged as the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from the United States, comprising 35% of total exports. The second position in the ranking was held by China ($X), with a 15% share of total exports. It was followed by Mexico, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-4.8% per year) and Mexico (-7.1% per year).

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, growing by 13% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +59.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Colombia ($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 (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into the U.S.

In 2022, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof into the United States rose significantly to X tons, growing by 7.2% against the year before. The total import volume increased at an average annual rate of +5.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +111.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

The Czech Republic (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to the United States, with a combined 75% share of total imports. Belgium, India, the Netherlands, Taiwan (Chinese) and Japan lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +77.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines suppliers to the United States, with a combined 66% share of total imports. Belgium, India, the Netherlands, Japan and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 30%.

The Netherlands, with a CAGR of +82.9%, saw 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

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, with an increase of 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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