Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States - 2023
Contents:
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (CIF) - 2022
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (FOB) - 2022
- Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States
- Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (CIF) - 2022
The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $17,701 per ton in 2022, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($26,390 per ton), while the price for China ($12,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (FOB) - 2022
The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $9,791 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. Over the period under review, the average export prices reached the maximum at $14,728 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($12,586 per ton), while the average price for exports to Peru ($3,883 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 Germany (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States
In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into the United States soared to 4.6K tons, picking up by 21% compared with the previous year. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $81M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.2 | 15.2 | 15.0 | 31.7 | 27.8% |
| Norway | 28.8 | 15.8 | 24.9 | 27.2 | -1.9% |
| Japan | 8.4 | 5.5 | 6.8 | 10.2 | 6.7% |
| Chile | 4.1 | 3.6 | 3.3 | 5.5 | 10.3% |
| France | 2.0 | 1.4 | 2.4 | 2.8 | 11.9% |
| United Kingdom | 0.1 | 9.7 | 4.9 | 0.3 | 44.2% |
| Others | 2.2 | 2.4 | 1.8 | 3.4 | 15.6% |
| Total | 60.7 | 53.7 | 59.2 | 81.1 | 10.1% |
Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to the United States in 2022:
- China (2444.6 tons)
- Norway (1116.3 tons)
- Japan (445.0 tons)
- Chile (207.5 tons)
- France (153.5 tons)
- United Kingdom (13.6 tons)
Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States
In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from the United States dropped significantly to 1.3K tons, reducing by -22.4% on the previous year's figure. In general, exports showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports reached the peak of 1.7K tons, and then declined dramatically in the following year.
In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell to $13M in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $13M, and then dropped in the following year.
| Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.2 | 6.3 | 7.1 | 9.0 | 13.2% |
| Mexico | 1.6 | 1.3 | 2.0 | 1.1 | -11.7% |
| Germany | 0.1 | N/A | 0.9 | 0.8 | 100.0% |
| Brazil | N/A | 0.3 | 0.1 | 0.6 | 41.4% |
| Costa Rica | N/A | N/A | 0.2 | 0.1 | -50.0% |
| United Kingdom | 0.6 | 0.8 | 0.3 | 0.1 | -45.0% |
| China | 0.2 | 0.8 | 0.1 | 0.1 | -20.6% |
| Peru | N/A | N/A | N/A | 0.1 | 0% |
| Norway | N/A | N/A | 0.5 | N/A | 0% |
| Kenya | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | 2.0 | 0.7 | -4.4% |
| Total | 9.6 | 9.9 | 13.1 | 12.6 | 9.5% |
Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from the United States in 2022:
- Canada (711.7 tons)
- Mexico (243.3 tons)
- Germany (100.0 tons)
- Brazil (45.2 tons)
- Peru (34.1 tons)
- Costa Rica (32.9 tons)
- China (28.8 tons)
- United Kingdom (10.7 tons)
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