U.S.: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in the U.S.

The U.S. sodium carbonate market contracted to $X in 2022, falling by -5.5% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Sodium carbonate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sodium Carbonate Production in the U.S.

In value terms, sodium carbonate production fell slightly to $X in 2022. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 13%. Sodium carbonate production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Sodium Carbonate Exports

Exports from the U.S.

In 2022, sodium carbonate exports from the United States declined to X tons, with a decrease of -2.7% on the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sodium carbonate exports surged to $X in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for sodium carbonate exports from the United States, accounting for a 23% share of total exports. Moreover, sodium carbonate exports to Mexico exceeded the volume sent to the second major destination, Chile (X tons), twofold. Indonesia (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+6.8% per year) and Indonesia (-0.2% per year).

In value terms, Mexico ($X) remains the key foreign market for sodium carbonate exports from the United States, comprising 22% of total exports. The second position in the ranking was taken by Indonesia ($X), with an 11% share of total exports. It was followed by Chile, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Mexico amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+3.2% per year) and Chile (+8.5% per year).

Export Prices by Country

The average sodium carbonate export price stood at $X per ton in 2022, growing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price attained 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 Vietnam ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Vietnam (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Carbonate Imports

Imports into the U.S.

In 2022, the amount of sodium carbonate imported into the United States shrank remarkably to X tons, which is down by -19.1% against the previous year's figure. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 194% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, sodium carbonate imports expanded modestly to $X in 2022. Over the period under review, imports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2014 with an increase of 101%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons), France (X tons) and Mexico (X tons) were the main suppliers of sodium carbonate imports to the United States, with a combined 76% 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 France (with a CAGR of +20.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest sodium carbonate suppliers to the United States were France ($X), the UK ($X) and Mexico ($X), together accounting for 65% of total imports.

Among the main suppliers, France, with a CAGR of +38.6%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average sodium carbonate import price amounted to $X per ton, jumping by 26% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 56%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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