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U.S. - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S.: Cyclic Hydrocarbons Market 2024
Cyclic Hydrocarbons Market Size in the U.S.
In 2023, the U.S. cyclic hydrocarbons market increased by X% to $X, rising for the seventh year in a row after three years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Cyclic hydrocarbons consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.
Cyclic Hydrocarbons Production in the U.S.
In value terms, cyclic hydrocarbons production amounted to $X in 2023. In general, production, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Cyclic hydrocarbons production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.
Cyclic Hydrocarbons Exports
Exports from the U.S.
For the fifth year in a row, the United States recorded decline in overseas shipments of cyclic hydrocarbons, which decreased by X% to X tons in 2023. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, cyclic hydrocarbons exports contracted remarkably to $X in 2023. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
Exports by Country
Mexico (X tons) was the main destination for cyclic hydrocarbons exports from the United States, accounting for a X% share of total exports. Moreover, cyclic hydrocarbons exports to Mexico exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. Brazil (X tons) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Brazil (X% per year).
In value terms, Mexico ($X) remains the key foreign market for cyclic hydrocarbons exports from the United States, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Brazil (X% per year).
Export Prices by Country
The average cyclic hydrocarbons export price stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclic Hydrocarbons Imports
Imports into the U.S.
In 2023, overseas purchases of cyclic hydrocarbons increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons imports surged to $X in 2023. Overall, imports enjoyed a notable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, South Korea (X tons) constituted the largest cyclic hydrocarbons supplier to the United States, accounting for a X% share of total imports. Moreover, cyclic hydrocarbons imports from South Korea exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. The third position in this ranking was held by Canada (X tons), with an X% share.
From 2012 to 2023, the average annual growth rate of volume from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Canada (X% per year).
In value terms, South Korea ($X) constituted the largest supplier of cyclic hydrocarbons to the United States, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by Canada, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Canada (X% per year).
Import Prices by Country
In 2023, the average cyclic hydrocarbons import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
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
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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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