Cerium Compounds Price in the United States - 2023
Contents:
- Cerium Compounds Price in the United States (CIF) - 2022
- Cerium Compounds Price in the United States (FOB) - 2022
- Cerium Compounds Imports in the United States
- Cerium Compounds Exports in the United States
Cerium Compounds Price in the United States (CIF) - 2022
The average cerium compounds import price stood at $9,275 per ton in 2022, dropping by -3.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. As a result, import price reached the peak level of $13,383 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($32,845 per ton), while the price for Malaysia ($1,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+54.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Price in the United States (FOB) - 2022
The average cerium compounds export price stood at $12,244 per ton in 2022, increasing by 18% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $20,706 per ton. From 2016 to 2022, the average 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 Israel ($81,689 per ton), while the average price for exports to Estonia ($4,583 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cerium Compounds Imports in the United States
In 2022, cerium compounds imports into the United States rose to 3K tons, surging by 1.8% on 2021. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 2% against the previous year.
In value terms, cerium compounds imports fell modestly to $27M in 2022. Overall, imports, however, continue to indicate a abrupt downturn.
| Import of Cerium Compounds in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 23.8 | 21.4 | 19.1 | 18.8 | -7.6% |
| China | 8.3 | 7.3 | 4.1 | 4.3 | -19.7% |
| Austria | 0.9 | 0.9 | 1.7 | 1.2 | 10.1% |
| Estonia | 1.5 | 0.8 | 1.3 | 1.1 | -9.8% |
| Malaysia | N/A | N/A | 0.1 | 0.6 | 500.0% |
| South Korea | 6.5 | N/A | 0.3 | 0.1 | -75.1% |
| Others | 0.5 | 0.6 | 1.4 | 1.4 | 40.9% |
| Total | 41.5 | 30.9 | 28.1 | 27.5 | -12.8% |
Top Suppliers of Cerium Compounds to the United States in 2022:
- China (1499.3 tons)
- Japan (573.8 tons)
- Estonia (462.6 tons)
- Malaysia (303.7 tons)
- Austria (70.7 tons)
- South Korea (3.9 tons)
Cerium Compounds Exports in the United States
In 2022, after three years of growth, there was significant decline in overseas shipments of cerium compoundses, when their volume decreased by -22.3% to 763 tons. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 116% against the previous year. As a result, the exports attained the peak of 982 tons, and then contracted rapidly in the following year.
In value terms, cerium compounds exports fell to $9.3M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $10M, and then fell in the following year.
| Export of Cerium Compounds in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,035 | 1,038 | 1,462 | 1,677 | 17.5% |
| China | 1,199 | 1,251 | 1,885 | 1,471 | 7.1% |
| Canada | 362 | 602 | 2,178 | 1,397 | 56.9% |
| Bulgaria | 16.3 | 11.5 | 19.6 | 908 | 281.9% |
| Estonia | N/A | N/A | 1,141 | 878 | -23.0% |
| Taiwan (Chinese) | 554 | 550 | 399 | 665 | 6.3% |
| Japan | 322 | 188 | 36.1 | 364 | 4.2% |
| South Korea | 288 | 436 | 1,222 | 337 | 5.4% |
| Others | 1,185 | 1,824 | 1,847 | 1,646 | 11.6% |
| Total | 4,962 | 5,901 | 10,190 | 9,344 | 23.5% |
Top Export Markets for Cerium Compounds from the United States in 2022:
- Canada (224.8 tons)
- Estonia (191.5 tons)
- Taiwan (Chinese) (118.9 tons)
- Germany (57.4 tons)
- China (36.7 tons)
- Bulgaria (29.3 tons)
- Japan (23.6 tons)
- South Korea (11.5 tons)
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