U.S. - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in the United States - 2023
Contents:
- Prepared Drier Price in the United States (CIF) - 2022
- Prepared Drier Price in the United States (FOB) - 2023
- Prepared Drier Imports in the United States
- Prepared Drier Exports in the United States
Prepared Drier Price in the United States (CIF) - 2022
The average prepared drier import price stood at $5,860 per ton in 2022, growing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2018 when the average import price increased by 28%. As a result, import price attained the peak level of $6,046 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($12,647 per ton), while the price for the United Arab Emirates ($5,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Drier Price in the United States (FOB) - 2023
In June 2023, the average prepared drier export price amounted to $13,281 per ton, picking up by 16% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 17% against the previous month. The export price peaked at $16,059 per ton in November 2022; however, from December 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($30,302 per ton), while the average price for exports to Trinidad and Tobago ($5,304 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Drier Imports in the United States
In 2022, prepared drier imports into the United States reached 2.9K tons, picking up by 6.4% on the previous year's figure. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 7% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, prepared drier imports soared to $17M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Prepared Drier in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.9 | 4.5 | 3.7 | 6.2 | 8.2% |
| Thailand | 1.4 | 1.4 | 1.8 | 2.4 | 19.7% |
| France | 1.7 | 1.7 | 2.4 | 2.0 | 5.6% |
| United Kingdom | N/A | 0.1 | 0.8 | 1.8 | 324.3% |
| India | 2.9 | 1.5 | 1.2 | 1.2 | -25.5% |
| United Arab Emirates | 0.4 | 0.3 | 0.8 | 1.0 | 35.7% |
| Austria | 0.4 | 0.6 | 0.5 | 0.7 | 20.5% |
| Others | 1.4 | 1.1 | 1.5 | 1.7 | 6.7% |
| Total | 13.2 | 11.2 | 12.6 | 17.2 | 9.2% |
Top Suppliers of Prepared Drier to the United States in 2022:
- Spain (1229.5 tons)
- Thailand (379.7 tons)
- United Kingdom (359.0 tons)
- France (222.7 tons)
- United Arab Emirates (207.5 tons)
- India (148.0 tons)
- Austria (113.6 tons)
Prepared Drier Exports in the United States
In 2022, the amount of prepared driers exported from the United States contracted to 859 tons, waning by -8.8% against 2021. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.9%.
In value terms, prepared drier exports reached $12M in 2022. Over the period under review, exports saw a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year.
| Export of Prepared Drier in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3,440 | 3,481 | 3,150 | 4,019 | 5.3% |
| India | 1,308 | 1,086 | 1,678 | 1,730 | 9.8% |
| Canada | 2,031 | 1,684 | 1,946 | 1,661 | -6.5% |
| Germany | 2,359 | 1,015 | 819 | 1,163 | -21.0% |
| Taiwan (Chinese) | 326 | 104 | 682 | 683 | 28.0% |
| China | 925 | 438 | 589 | 583 | -14.3% |
| Costa Rica | 111 | 119 | 62.4 | 282 | 36.5% |
| Brazil | 394 | 343 | 287 | 227 | -16.8% |
| South Korea | 343 | 86.1 | 165 | 210 | -15.1% |
| Australia | 26.4 | 60.2 | 239 | 187 | 92.0% |
| Trinidad and Tobago | 141 | 62.5 | 124 | 111 | -7.7% |
| Guyana | 73.9 | 22.9 | 26.9 | 57.2 | -8.2% |
| Thailand | 408 | 271 | 73.9 | N/A | -57.4% |
| Others | 1,537 | 853 | 1,390 | 1,117 | -10.1% |
| Total | 13,424 | 9,626 | 11,233 | 12,031 | -3.6% |
Top Export Markets for Prepared Drier from the United States in 2022:
- Mexico (340.0 tons)
- Canada (162.3 tons)
- India (50.2 tons)
- Costa Rica (44.6 tons)
- Taiwan (Chinese) (40.2 tons)
- Germany (37.2 tons)
- China (29.8 tons)
- Australia (16.1 tons)
- Trinidad and Tobago (15.8 tons)
- South Korea (13.1 tons)
- Guyana (12.1 tons)
- Brazil (7.0 tons)
This report provides an in-depth analysis of the prepared drier market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20302220 - Prepared driers
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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