U.S.: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the U.S.

The U.S. market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid soared to $X in 2022, jumping by 56% against the previous year. Over the period under review, consumption, however, recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the U.S.

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid totaled $X in 2022. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of 99.9%. Production of peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from the U.S.

In 2022, the amount of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from the United States fell to X tons, waning by -10.2% compared with the previous year's figure. In general, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 30%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid skyrocketed to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, the exports of attained the maximum at $X in 2012; afterwards, it flattened through to 2022.

Exports by Country

Canada (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from the United States, with a 63% share of total exports. Moreover, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Canada exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Mexico (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+44.9% per year) and Mexico (-9.2% per year).

In value terms, Canada ($X) remains the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from the United States, comprising 63% of total exports. The second position in the ranking was held by Belgium ($X), with a 15% share of total exports. It was followed by Mexico, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+43.3% per year) and Mexico (-3.9% per year).

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, picking up by 33% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +91.9% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Belgium ($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 Mexico (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into the U.S.

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 8% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid surged to $X in 2022. Overall, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), South Korea (X tons) and Mexico (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to the United States, with a combined 59% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +1.3%), while imports for the other leaders experienced a decline.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to the United States were India ($X), Mexico ($X) and South Korea ($X), with a combined 57% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +2.2%, 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 a decline.

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, with an increase of 19% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +63.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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