U.S.: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in the U.S.

In 2021, the U.S. oxygen-function amino-compound market increased by 2% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Production in the U.S.

In value terms, oxygen-function amino-compound production totaled $X in 2021. In general, production, however, showed a noticeable setback. The pace of growth was the most pronounced in 2019 with an increase of 16%. Oxygen-function amino-compound production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from the U.S.

In 2021, the amount of oxygen-function amino-compounds exported from the United States skyrocketed to X tons, rising by 16% against 2020 figures. Overall, exports, however, showed a noticeable reduction. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Belgium (X tons) and China (X tons) were the main destinations of oxygen-function amino-compound exports from the United States, with a combined 59% share of total exports. Japan, Mexico, Brazil, Germany, Switzerland, India, the Netherlands, South Korea, Colombia and the UK lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +37.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for oxygen-function amino-compounds exports from the United States, comprising 20% of total exports. The second position in the ranking was held by Switzerland ($X), with an 8.3% share of total exports. It was followed by China, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+29.5% per year) and China (+0.7% per year).

Export Prices by Country

In 2021, the average oxygen-function amino-compound export price amounted to $X per ton, picking up by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 South Korea (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into the U.S.

In 2021, the amount of oxygen-function amino-compounds imported into the United States skyrocketed to X tons, jumping by 19% against the previous year's figure. The total import volume increased at an average annual rate of +7.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 32% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable decline. Over the period under review, imports reached the peak figure 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 supplier of oxygen-function amino-compound to the United States, with a 55% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.3% per year) and Germany (+2.6% per year).

In value terms, the largest oxygen-function amino-compound suppliers to the United States were Singapore ($X), China ($X) and India ($X), together accounting for 71% of total imports. Ireland, Japan, Germany, the UK, Belgium and Saudi Arabia lagged somewhat behind, together comprising a further 16%.

Saudi Arabia, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, growing by 32% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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