U.S.: Other Chemical Products Market 2025

Other Chemical Products Market Size in the U.S.

The U.S. other chemical products market was estimated at less than $X in 2022, standing approx. at the previous year. Overall, consumption continues to indicate a noticeable setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Other Chemical Products Production in the U.S.

In value terms, other chemical products production totaled less than $X in 2022. Over the period under review, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when the production volume decreased by -3.9%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Other Chemical Products Exports

Exports from the U.S.

Other chemical products exports from the United States dropped slightly to X tons in 2016, declining by -5% against the previous year. Over the period under review, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 7.6% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, other chemical products exports declined modestly to $X in 2016. In general, exports saw a mild decrease. The pace of growth was the most pronounced in 2013 with an increase of 8.1% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of other chemical products exports from the United States, together accounting for 52% of total exports. Belgium, Germany, Brazil, Taiwan (Chinese), South Korea, Argentina, Singapore, the Netherlands, Saudi Arabia and Chile lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2016, the biggest increases were recorded for Germany (with a CAGR of +16.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and China ($X) appeared to be the largest markets for other chemical products exported from the United States worldwide, with a combined 39% share of total exports. Germany, Taiwan (Chinese), the Netherlands, Belgium, South Korea, Singapore, Brazil, Saudi Arabia, Chile and Argentina lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Germany, with a CAGR of +31.9%, 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

The average other chemical products export price stood at $X per ton in 2016, with an increase of 4.6% against the previous year. Over the last four years, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2016, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into the U.S.

In 2016, supplies from abroad of other chemical products decreased by -22.3% to X tons for the first time since 2011, thus ending a four-year rising trend. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 74% against the previous year. Imports peaked at X tons in 2015, and then dropped markedly in the following year.

In value terms, other chemical products imports contracted to $X in 2016. The total import value increased at an average annual rate of +6.8% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 31%. Over the period under review, imports reached the maximum at $X in 2015, and then shrank in the following year.

Imports by Country

Singapore (X tons), Canada (X tons) and China (X tons) were the main suppliers of other chemical products imports to the United States, together comprising 70% of total imports.

From 2012 to 2016, the biggest increases were recorded for Singapore (with a CAGR of +187.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Germany ($X) and China ($X) constituted the largest other chemical products suppliers to the United States, together comprising 48% of total imports.

Singapore, with a CAGR of +142.0%, 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

The average other chemical products import price stood at $X per ton in 2016, surging by 20% against the previous year. In general, the import price, however, saw a drastic downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2016, 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 ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the UK (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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