Northern America: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Northern America

In 2023, the North American polyethylene glycol and polyether market increased by X% to $X, rising for the third year in a row after four years of decline. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Polyethylene Glycols and Polyethers in Primary Forms in Northern America

In value terms, polyethylene glycol and polyether production expanded notably to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports in Northern America

In 2021, the amount of polyethylene glycols and polyethers in primary forms exported in Northern America totaled X tons, surging by X% on 2020 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, polyethylene glycol and polyether exports surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States prevails in exports structure, recording X tons, which was near X% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of exports of polyethylene glycols and polyethers in primary forms. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest polyethylene glycol and polyether supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

In the United States, polyethylene glycol and polyether exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports in Northern America

Polyethylene glycol and polyether imports fell to X tons in 2023, remaining stable against the previous year's figure. In general, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, polyethylene glycol and polyether imports dropped to $X in 2023. Over the period under review, imports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Saint Pierre and Miquelon prevails in imports structure, reaching X tons, which was near X% of total imports in 2023. It was distantly followed by Bermuda (X kg), mixing up a X% share of total imports.

Saint Pierre and Miquelon was also the fastest-growing in terms of the polyethylene glycols and polyethers in primary forms imports, with a CAGR of X% from 2012 to 2023. Bermuda (X%) illustrated a downward trend over the same period. While the share of Saint Pierre and Miquelon (X p.p.) and Bermuda (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saint Pierre and Miquelon ($X) constitutes the largest market for imported polyethylene glycols and polyethers in primary forms in Northern America, comprising X% of total imports. The second position in the ranking was held by Bermuda ($X), with a X% share of total imports.

In Saint Pierre and Miquelon, polyethylene glycol and polyether imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, approximately equating the previous year. In general, the import price saw a noticeable descent. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Bermuda ($X per ton), while Saint Pierre and Miquelon amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bermuda (X%).

Source: IndexBox Platform