U.S. - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Nitric and Sulphonitric Acids in the United States - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in the United States (FOB) - 2022
- Price for Nitric and Sulphonitric Acids in the United States (CIF) - 2022
- Exports of Nitric and Sulphonitric Acids in the United States
- Imports of Nitric and Sulphonitric Acids in the United States
Price for Nitric and Sulphonitric Acids in the United States (FOB) - 2022
The average nitric and sulphonitric acids export price stood at $477 per ton in 2021, falling by -6% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $715 per ton in 2013; however, from 2014 to 2021, the 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 Ireland ($3,193 per ton), while the average price for exports to Canada ($377 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 Suriname (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nitric and Sulphonitric Acids in the United States (CIF) - 2022
In 2021, the average nitric and sulphonitric acids import price amounted to $1,309 per ton, picking up by 15% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 85%. Over the period under review, average import prices hit record highs at $1,337 per ton in 2019; afterwards, it flattened through to 2021.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,611 per ton), while the price for Canada ($1,168 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nitric and Sulphonitric Acids in the United States
In 2022, approx. 24K tons of nitric acid and sulphonitric acids were exported from the United States; with a decrease of -11.6% against 2021. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 27K tons, and then shrank in the following year.
In value terms, nitric and sulphonitric acids exports declined to $12M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of $13M, and then dropped in the following year.
Export of Nitric and Sulphonitric Acids in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Canada | 5.2 | 4.8 | 5.5 | 2.8% | |
Mexico | 2.3 | 1.5 | 3.5 | 23.4% | |
Suriname | 1.4 | 1.2 | 0.9 | -19.8% | |
Taiwan (Chinese) | 0.4 | 0.4 | 0.5 | 11.8% | |
Others | 2.1 | 2.6 | 2.3 | 4.7% | |
Total | 11.4 | 10.5 | 12.8 | 6.0% |
Top Export Markets for Nitric and Sulphonitric Acids from the United States in 2022:
- Canada (14.6K tons)
- Mexico (9.2K tons)
- Suriname (1.0K tons)
- Taiwan (Chinese) (0.8K tons)
Imports of Nitric and Sulphonitric Acids in the United States
In 2022, after three years of growth, there was decline in purchases abroad of nitric acid and sulphonitric acids, when their volume decreased by -2.8% to 7.3K tons. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 5.9% against the previous year. As a result, imports reached the peak of 7.5K tons, and then fell in the following year.
In value terms, nitric and sulphonitric acids imports shrank to $8.9M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $9.8M, and then contracted in the following year.
Import of Nitric and Sulphonitric Acids in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Canada | 7.6 | 6.5 | 7.9 | 2.0% | |
Japan | 0.5 | 0.7 | 1.0 | 41.4% | |
South Korea | 0.4 | 0.6 | 0.5 | 11.8% | |
Netherlands | 0.1 | 0.1 | N/A | 0.0% | |
Others | 0.3 | 0.2 | 0.3 | 0.0% | |
Total | 9.1 | 8.0 | 9.8 | 3.8% |
Top Suppliers of Nitric and Sulphonitric Acids to the United States in 2022:
- Canada (6.8K tons)
- South Korea (0.4K tons)
- Japan (0.1K tons)
- Netherlands (0.1K tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in the U.S..
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in the U.S..
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
The nitric and sulphonitric acid import price per ton stood at $1,857 (CIF, US) in May 2022, with an increase of 14% against the previous month.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
The nitric and sulphonitric acid import price per ton stood at $1,857 (CIF, US) in May 2022, with an increase of 14% against the previous month.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...