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U.S. - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S.: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024
Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in the U.S.
The U.S. market for caustic soda in aqueous solution (soda lye) soared to $X in 2023, rising by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2023, the growth of the market remained at a somewhat lower figure.
Production of Caustic Soda in Aqueous Solution (Soda Lye) in the U.S.
In value terms, production of caustic soda in aqueous solution (soda lye) declined to $X in 2023. In general, the total production indicated a slight expansion from 2012 to 2023: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Production of peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.
Exports of Caustic Soda in Aqueous Solution (Soda Lye)
Exports from the U.S.
In 2023, after four years of growth, there was significant decline in shipments abroad of caustic soda in aqueous solution (soda lye), when their volume decreased by X% to X tons. Over the period under review, total exports indicated perceptible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2022, and then contracted in the following year.
In value terms, exports of caustic soda in aqueous solution (soda lye) dropped significantly to $X in 2023. In general, exports, however, showed a notable expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.
Exports by Country
Brazil (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from the United States, with a X% share of total exports. Moreover, exports of caustic soda in aqueous solution (soda lye) to Brazil exceeded the volume sent to the second major destination, Canada (X tons), sevenfold. The third position in this ranking was held by Chile (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Chile (X% per year).
In value terms, Brazil ($X) remains the key foreign market for caustic soda in aqueous solution (soda lye) exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Brazil amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Mexico (X% per year).
Export Prices by Country
In 2023, the average export price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, saw a notable expansion. The growth pace was the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to South Africa ($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 Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Caustic Soda in Aqueous Solution (Soda Lye)
Imports into the U.S.
In 2023, after four years of growth, there was significant decline in purchases abroad of caustic soda in aqueous solution (soda lye), when their volume decreased by X% to X tons. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, imports of caustic soda in aqueous solution (soda lye) declined significantly to $X in 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then shrank sharply in the following year.
Imports by Country
Taiwan (Chinese) (X tons), Japan (X tons) and Belgium (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to the United States, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Taiwan (Chinese) ($X), Japan ($X) and Belgium ($X) appeared to be the largest caustic soda in aqueous solution (soda lye) suppliers to the United States, together comprising X% of total imports.
In terms of the main suppliers, Japan, with a CAGR of X%, saw the highest growth rate of 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
In 2023, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) 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 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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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