U.S.: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in the U.S.

In 2021, after five years of growth, there was significant decline in the U.S. scouring pastes and powders market, when its value decreased by -7.3% to $X. In general, consumption, however, showed buoyant growth. Scouring pastes and powders consumption peaked at $X in 2020, and then contracted in the following year.

Production of Scouring Pastes And Powders in the U.S.

In value terms, scouring pastes and powders production dropped to $X in 2021. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2019 when the production volume increased by 30%. Scouring pastes and powders production peaked at $X in 2020, and then dropped in the following year.

Exports of Scouring Pastes And Powders

Exports from the U.S.

In 2021, shipments abroad of scouring pastes and powders increased by 9.4% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 15% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports rose to $X in 2021. Over the period under review, exports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for scouring pastes and powders exports from the United States, accounting for a 49% share of total exports. Moreover, scouring pastes and powders exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+2.1% per year) and Germany (+3.3% per year).

In value terms, Canada ($X) remains the key foreign market for scouring pastes and powders exports from the United States, comprising 50% of total exports. The second position in the ranking was taken by Mexico ($X), with a 6.1% share of total exports. It was followed by Australia, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.2% per year) and Australia (+14.2% per year).

Export Prices by Country

The average scouring pastes and powders export price stood at $X per ton in 2021, shrinking by -4.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Germany ($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 Russia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into the U.S.

In 2021, the amount of scouring pastes and powders imported into the United States rose remarkably to X tons, increasing by 13% on 2020. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +54.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 48% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, scouring pastes and powders imports expanded sharply to $X in 2021. In general, imports showed a pronounced increase. The growth pace was the most rapid in 2017 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Hungary (X tons) and Mexico (X tons) were the main suppliers of scouring pastes and powders imports to the United States, with a combined 71% share of total imports. Japan, Italy, China, Canada, France, the UK and Germany lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +55.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of scouring pastes and powders to the United States, comprising 54% of total imports. The second position in the ranking was held by Mexico ($X), with a 15% share of total imports. It was followed by Hungary, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from South Korea totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+14.2% per year) and Hungary (+36.3% per year).

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, dropping by -6.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :