U.S.: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in the U.S.

The U.S. hydrogen peroxide market rose sharply to $X in 2022, surging by 9% against the previous year. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Hydrogen Peroxide Production in the U.S.

In value terms, hydrogen peroxide production expanded rapidly to $X in 2022. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Hydrogen Peroxide Exports

Exports from the U.S.

For the fourth consecutive year, the United States recorded decline in shipments abroad of hydrogen peroxide, which decreased by -6.6% to X tons in 2022. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 22%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrogen peroxide exports reached $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X tons) was the main destination for hydrogen peroxide exports from the United States, accounting for a 53% share of total exports. Moreover, hydrogen peroxide exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was taken by Guatemala (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-13.3% per year) and Guatemala (-3.7% per year).

In value terms, the largest markets for hydrogen peroxide exported from the United States were Mexico ($X), Canada ($X) and Guatemala ($X), with a combined 73% share of total exports. Colombia, Chile, Honduras, Ireland and Israel lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Chile, with a CAGR of +74.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hydrogen peroxide export price amounted to $X per ton, surging by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2015 when the average export price increased by 13%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Mexico ($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 Colombia (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Peroxide Imports

Imports into the U.S.

Hydrogen peroxide imports into the United States reduced to X tons in 2022, which is down by -2.4% against 2021. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 22%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, hydrogen peroxide imports contracted to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) was the main hydrogen peroxide supplier to the United States, accounting for a 94% share of total imports. Moreover, hydrogen peroxide imports from Canada exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of hydrogen peroxide to the United States, comprising 70% of total imports. The second position in the ranking was held by Japan ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to -3.2%.

Import Prices by Country

The average hydrogen peroxide import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 4.5% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-2.5%).

Source: IndexBox Platform

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