Report Update Nov 1, 2024

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

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U.S.: Ethylene Market 2024

Ethylene Market Size in the U.S.

The U.S. ethylene market dropped to $X in 2021, declining by -5.3% against the previous year. Overall, consumption showed a perceptible decline. Ethylene consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Ethylene Production in the U.S.

In value terms, ethylene production fell to $X in 2021. Overall, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Ethylene Exports

Exports from the U.S.

In 2021, the amount of ethylene exported from the United States rose rapidly to X tons, increasing by 9.1% compared with 2020. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2015 when exports increased by 4,637%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, ethylene exports skyrocketed to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,834% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Belgium (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of ethylene exports from the United States, together accounting for 84% of total exports. Indonesia, the Netherlands and Norway lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +4,030.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene exported from the United States were Belgium ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 83% share of total exports. These countries were followed by Indonesia, the Netherlands and Norway, which together accounted for a further 12%.

Norway, with a CAGR of +3,218.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, jumping by 49% against the previous year. Overall, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 55%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Norway ($X per ton) and China ($X per ton), while the average price for exports to Belgium ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.

Ethylene Imports

Imports into the U.S.

Ethylene imports into the United States fell markedly to X tons in 2021, waning by -34.2% on 2020 figures. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, ethylene imports declined remarkably to $X in 2021. In general, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) was the main supplier of ethylene to the United States, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled -19.7%.

In value terms, the Netherlands ($X) constituted the largest supplier of ethylene to the United States.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled -33.4%.

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, reducing by -96.5% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 374%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then reduced remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -7.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

China remains the largest ethylene consuming country worldwide, comprising approx. 23% of total volume. Moreover, ethylene consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ethylene in the world?

China remains the largest ethylene producing country worldwide, comprising approx. 22% of total volume. Moreover, ethylene production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.3% share.

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

In value terms, the Netherlands constituted the largest supplier of ethylene to the United States.

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

In value terms, the largest markets for ethylene exported from the United States were Belgium, China and Taiwan Chinese), together accounting for 83% of total exports. These countries were followed by the Netherlands, Indonesia and Norway, which together accounted for a further 12%.

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

In 2021, the average ethylene export price amounted to $853 per ton, rising by 50% against the previous year.

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

In 2021, the average ethylene import price amounted to $295 per ton, with an increase of 1.8% against the previous year.

This report provides an in-depth analysis of the ethylene 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 20141130 - Ethylene

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