U.S.: Market for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) 2024

Market Size for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in the U.S.

The U.S. market for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) totaled $X in 2022, remaining constant against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Production of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in the U.S.

In value terms, production of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) reached $X in 2022. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Exports from the U.S.

In 2022, the amount of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) exported from the United States rose markedly to X tons, with an increase of X% compared with the previous year. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) expanded markedly to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Mexico (X tons), Brazil (X tons) and Canada (X tons) were the main destinations of exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) from the United States, with a combined X% share of total exports. India, Peru, Belgium, Argentina, Taiwan (Chinese), Bangladesh, the United Arab Emirates, Malaysia, China and Chile lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and Brazil ($X) appeared to be the largest markets for salts of inorganic acids or peroxoacids exported from the United States worldwide, with a combined X% share of total exports. Belgium, China, Taiwan (Chinese), India, Peru, Malaysia, Argentina, Chile, Bangladesh and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Peru, with a CAGR of X%, saw 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

In 2022, the average export price for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Imports into the U.S.

In 2022, imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) into the United States fell remarkably to X tons, declining by X% against 2021. Over the period under review, imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) reduced to $X in 2022. Overall, imports saw a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and Canada (X tons) were the main suppliers of imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) to the United States, with a combined X% share of total imports. Turkey, Morocco, Japan, Taiwan (Chinese) and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Canada ($X) appeared to be the largest salts of inorganic acids or peroxoacids suppliers to the United States, with a combined X% share of total imports. Japan, Turkey, Morocco, Taiwan (Chinese) and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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