Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (FOB) - 2023
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (CIF) - 2022
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (FOB) - 2023
In August 2023, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,736 per ton, reducing by -9.5% against the previous month. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices hit record highs at $4,314 per ton in September 2022; however, from October 2022 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Canada ($2,339 per ton), while the average price for exports to Mexico amounted to $1,590 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-4.9%), while the prices for the other major destinations experienced a decline.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $434 per ton, falling by -5.2% against the previous year. Overall, the import price faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $1,405 per ton in 2012; however, from 2013 to 2022, 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 Colombia ($576 per ton), while the price for Brazil ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States
In 2022, overseas shipments of cyclic hydrocarbons; mixed xylene isomerses were finally on the rise to reach 56K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous shrinkage.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports soared to $157M in 2022. In general, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.2 | 14.9 | 27.4 | 78.1 | 190.1% |
| Canada | 73.3 | 27.3 | 43.9 | 67.5 | -2.7% |
| Taiwan (Chinese) | 1.2 | 5.0 | 4.6 | 1.7 | 12.3% |
| South Korea | 10.6 | 14.8 | N/A | N/A | 39.6% |
| Belgium | N/A | 2.6 | N/A | N/A | 0% |
| India | 5.5 | N/A | N/A | N/A | 0% |
| Others | 3.8 | 3.8 | 6.0 | 10.1 | 38.5% |
| Total | 97.7 | 68.4 | 82.0 | 157 | 17.1% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from the United States in 2022:
- Belgium (undefinedK tons)
- South Korea (undefinedK tons)
- Canada (31.1K tons)
- Mexico (21.3K tons)
- Taiwan (Chinese) (2.0K tons)
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States
For the third consecutive year, the United States recorded decline in supplies from abroad of cyclic hydrocarbons; mixed xylene isomerses, which decreased by -7.7% to 5.9K tons in 2022. In general, imports faced a sharp downturn.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports dropped to $2.6M in 2022. Over the period under review, imports recorded a sharp setback.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.6 | 3.6 | N/A | 1.0 | -49.1% |
| Taiwan (Chinese) | 7.5 | N/A | N/A | 0.6 | -56.9% |
| Japan | N/A | 1.8 | N/A | 0.5 | -47.3% |
| Brazil | N/A | N/A | N/A | 0.2 | 0% |
| Israel | 2.5 | 1.7 | 1.6 | 0.1 | -65.8% |
| Colombia | 3.9 | N/A | N/A | 0.1 | -70.5% |
| Belgium | 3.3 | 1.3 | N/A | N/A | -60.6% |
| Portugal | 3.1 | 4.8 | N/A | N/A | 54.8% |
| Netherlands | 11.8 | 3.1 | 1.1 | N/A | -69.5% |
| Others | 0.8 | 0.4 | 0.2 | N/A | -50.0% |
| Total | 40.5 | 16.7 | 2.9 | 2.6 | -60.0% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to the United States in 2022:
- South Korea (2384.3 tons)
- Japan (1221.2 tons)
- Taiwan (Chinese) (1076.7 tons)
- Brazil (636.6 tons)
- Israel (317.6 tons)
- Colombia (230.4 tons)
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