Report Update Nov 1, 2024

U.S. - Degras - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Degras Market 2024

Degras Market Size in the U.S.

In 2021, after four years of growth, there was significant decline in the U.S. degras market, when its value decreased by -6.1% to $X. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Degras Production in the U.S.

In value terms, degras production dropped to $X in 2021. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 23%. Degras production peaked at $X in 2020, and then fell in the following year.

Degras Exports

Exports from the U.S.

In 2021, degras exports from the United States declined sharply to X tons, which is down by -64.1% on the year before. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 324% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, degras exports dropped to $X in 2021. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 153% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for degras exports from the United States, with a 77% share of total exports. Moreover, degras exports to Japan exceeded the volume sent to the second major destination, Canada (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Japan amounted to +137.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-17.9% per year) and the UK (+143.8% per year).

In value terms, Japan ($X) emerged as the key foreign market for degras exports from the United States, comprising 92% of total exports. The second position in the ranking was taken by the UK ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +133.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+34.6% per year) and Canada (-22.2% per year).

Export Prices by Country

In 2021, the average degras export price amounted to $X per ton, jumping by 147% against the previous year. Over the period under review, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Canada ($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 (+16.5%), while the prices for the other major destinations experienced a decline.

Degras Imports

Imports into the U.S.

In 2021, after three years of growth, there was significant decline in supplies from abroad of degras, when their volume decreased by -32.5% to X tons. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when imports increased by 69%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, degras imports declined slightly to $X in 2021. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 88%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Canada (X tons), Indonesia (X tons) and Mexico (X tons) were the main suppliers of degras imports to the United States, together accounting for 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +34.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) constituted the largest supplier of degras to the United States, comprising 79% of total imports. The second position in the ranking was taken by Canada ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Indonesia stood at +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-28.5% per year) and Mexico (+31.7% per year).

Import Prices by Country

In 2021, the average degras import price amounted to $X per ton, growing by 45% against the previous year. In general, the import price continues to indicate a notable expansion. The import price peaked at $X per ton in 2019; however, from 2020 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 Mexico ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for degras in the world?

China remains the largest degras consuming country worldwide, accounting for 15% of total volume. Moreover, degras consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.3% share.

What are the largest producers of degras in the world?

China constituted the country with the largest volume of degras production, comprising approx. 15% of total volume. Moreover, degras production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of degras to the U.S.?

In value terms, Indonesia constituted the largest supplier of degras to the United States, comprising 76% of total imports. The second position in the ranking was occupied by Canada, with a 23% share of total imports.

What are the leading importers of degras from the U.S.?

In value terms, the Netherlands, Japan and Canada constituted the largest markets for degras exported from the United States worldwide, with a combined 89% share of total exports.

What is the average export price for degras in the U.S.?

The average degras export price stood at $798 per ton in 2020, shrinking by -38.4% against the previous year.

What is the average import price for degras in the U.S.?

In 2020, the average degras import price amounted to $263 per ton, declining by -33.6% against the previous year.

This report provides an in-depth analysis of the degras market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023