U.S.: Lysine Market 2024

Lysine Market Size in the U.S.

The U.S. lysine market expanded to $X in 2022, with an increase of 3.6% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Lysine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lysine Production in the U.S.

In value terms, lysine production dropped modestly to $X in 2022. Over the period under review, production, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2018 with an increase of 26%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lysine Exports

Exports from the U.S.

In 2022, overseas shipments of lysine and its esters, and salts thereof decreased by -10.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 37% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lysine exports reduced to $X in 2022. Over the period under review, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 23%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Mexico (X tons) and Spain (X tons) were the main destinations of lysine exports from the United States, together comprising 91% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +21.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for lysine exported from the United States were Mexico ($X), the Netherlands ($X) and Spain ($X), with a combined 80% share of total exports.

Mexico, with a CAGR of +15.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average lysine export price amounted to $X per ton, surging by 4.9% against the previous year. In general, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Canada ($X per ton), while the average price for exports to Spain ($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 Canada (+0.7%), while the prices for the other major destinations experienced a decline.

Lysine Imports

Imports into the U.S.

In 2022, imports of lysine and its esters, and salts thereof into the United States surged to X tons, jumping by 26% on 2021 figures. Over the period under review, imports, however, saw a noticeable curtailment. The growth pace was the most rapid in 2019 with an increase of 286%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, lysine imports skyrocketed to $X in 2022. Overall, imports, however, showed a deep reduction. The growth pace was the most rapid in 2019 with an increase of 113% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of lysine to the United States, accounting for a 97% share of total imports. Moreover, lysine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+10.5% per year) and Brazil (-68.0% per year).

In value terms, China ($X) constituted the largest supplier of lysine and its esters, and salts thereof to the United States, comprising 92% of total imports. The second position in the ranking was taken by South Korea ($X), with a 4.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+7.5% per year) and Brazil (-58.3% per year).

Import Prices by Country

The average lysine import price stood at $X per ton in 2022, surging by 15% against the previous year. Overall, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 43%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+30.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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