U.S.: Methylamine Market 2024

Methylamine Market Size in the U.S.

For the fifth year in a row, the U.S. methylamine market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption recorded a abrupt contraction. The growth pace was the most rapid in 2017 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Methylamine Production in the U.S.

In value terms, methylamine production fell slightly to $X in 2022. In general, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Methylamine Exports

Exports from the U.S.

In 2022, approx. X tons of methylamine, di- or trimethylamine and their salts were exported from the United States; growing by X% compared with the previous year's figure. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, methylamine exports surged to $X in 2022. Overall, exports showed a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Brazil (X tons) was the main destination for methylamine exports from the United States, with a X% share of total exports. Moreover, methylamine exports to Brazil exceeded the volume sent to the second major destination, Argentina (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Brazil ($X), Taiwan (Chinese) ($X) and Argentina ($X) appeared to be the largest markets for methylamine exported from the United States worldwide, together accounting for X% of total exports. South Korea, China, Colombia, Canada, Israel, Japan, Singapore and Mexico lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Israel, with a CAGR of X%, saw the highest growth rate of 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 methylamine export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Argentina ($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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Methylamine Imports

Imports into the U.S.

In 2022, approx. X tons of methylamine, di- or trimethylamine and their salts were imported into the United States; reducing by X% against the year before. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, methylamine imports declined significantly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of methylamine to the United States, accounting for a X% share of total imports. Moreover, methylamine imports from Mexico exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by China (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, the largest methylamine suppliers to the United States were India ($X), Mexico ($X) and China ($X), together accounting for X% of total imports. The Philippines and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Philippines, with a CAGR of X%, saw 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 methylamine import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methylamine import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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