U.S.: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in the U.S.

In 2021, the U.S. metal pickling preparations market decreased by -8.9% to $X for the first time since 2011, thus ending a nine-year rising trend. Overall, consumption, however, enjoyed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.

Metal Pickling Preparations Production in the U.S.

In value terms, metal pickling preparations production shrank to $X in 2021. Overall, production, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 40%. Metal pickling preparations production peaked at $X in 2020, and then shrank in the following year.

Metal Pickling Preparations Exports

Exports from the U.S.

In 2021, shipments abroad of pickling preparations for metal surfaces increased by 21% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 22% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, metal pickling preparations exports soared to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Mexico (X tons) and South Korea (X tons) were the main destinations of metal pickling preparations exports from the United States, together accounting for 76% of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +0.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) remains the key foreign market for pickling preparations for metal surfaces exports from the United States, comprising 39% of total exports. The second position in the ranking was taken by Canada ($X), with an 11% share of total exports. It was followed by China, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Mexico totaled +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-0.7% per year) and China (+2.6% per year).

Export Prices by Country

In 2021, the average metal pickling preparations export price amounted to $X per ton, waning by -1.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2019 an increase of 23%. The export price peaked at $X per ton in 2020, and then reduced slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Canada ($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 (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into the U.S.

After two years of decline, overseas purchases of pickling preparations for metal surfaces increased by 1.9% to X tons in 2021. In general, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2015 with an increase of 14%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal pickling preparations imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons) and South Korea (X tons) were the main suppliers of metal pickling preparations imports to the United States, together comprising 44% of total imports. Japan, Taiwan (Chinese), Canada, the UK, Mexico, Spain, China, Italy, Poland and Brazil lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +6.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal pickling preparations suppliers to the United States were Mexico ($X), Japan ($X) and Germany ($X), with a combined 63% share of total imports. Canada, France, South Korea, Taiwan (Chinese), the UK, China, Spain, Italy, Poland and Brazil lagged somewhat behind, together comprising a further 31%.

Taiwan (Chinese), with a CAGR of +6.0%, saw the highest growth rate of 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

In 2021, the average metal pickling preparations import price amounted to $X per ton, picking up by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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