U.S.: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in the U.S.

The U.S. acyclic hydrocarbons derivatives market surged to $X in 2021, increasing by 48% against the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Acyclic Hydrocarbons Derivatives Production in the U.S.

In value terms, acyclic hydrocarbons derivatives production declined to $X in 2021. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +132.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. Acyclic hydrocarbons derivatives production peaked at $X in 2020, and then dropped in the following year.

Acyclic Hydrocarbons Derivatives Exports

Exports from the U.S.

In 2021, overseas shipments of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons decreased by -10.7% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 32% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, acyclic hydrocarbons derivatives exports reached $X in 2021. In general, total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.2% against 2015 indices. The growth pace was the most rapid in 2017 when exports increased by 41%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X tons), Mexico (X tons) and Canada (X tons) were the main destinations of acyclic hydrocarbons derivatives exports from the United States, with a combined 52% share of total exports. India, the United Arab Emirates, Belgium, South Korea, Japan, China, Singapore and the UK lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +12.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports from the United States, comprising 37% of total exports. The second position in the ranking was taken by Canada ($X), with a 9.8% share of total exports. It was followed by South Korea, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+2.7% per year) and South Korea (+27.7% per year).

Export Prices by Country

In 2021, the average acyclic hydrocarbons derivatives export price amounted to $X per ton, rising by 13% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 35%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to the United Arab Emirates ($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 China (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports into the U.S.

In 2021, the amount of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons imported into the United States surged to X tons, increasing by 23% compared with the year before. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 42%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, acyclic hydrocarbons derivatives imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest acyclic hydrocarbons derivatives supplier to the United States, with a 80% share of total imports. Moreover, acyclic hydrocarbons derivatives imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. France (X tons) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+95.1% per year) and France (+11.8% per year).

In value terms, China ($X) constituted the largest supplier of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons to the United States, comprising 73% of total imports. The second position in the ranking was taken by India ($X), with an 11% share of total imports. It was followed by Japan, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+51.0% per year) and Japan (+2.2% per year).

Import Prices by Country

The average acyclic hydrocarbons derivatives import price stood at $X per ton in 2021, surging by 39% against the previous year. In general, the import price, however, continues to indicate a slight setback. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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