Northern America - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Phosphoric Acid Market 2024
Phosphoric Acid Market Size in Northern America
The North American phosphoric acid market surged to $X in 2023, increasing by X% against the previous year. Overall, consumption showed a noticeable descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.
Phosphoric Acid Production in Northern America
In value terms, phosphoric acid production soared to $X in 2023 estimated in export price. Over the period under review, production, however, showed a noticeable decline. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.
Phosphoric Acid Exports
Exports in Northern America
For the third consecutive year, Northern America recorded growth in shipments abroad of phosphoric acid and polyphosphoric acids, which increased by X% to X tons in 2023. Overall, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphoric acid exports shrank remarkably to $X in 2023. In general, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The biggest shipments were from the United States (X tons), together finishing at X% of total export.
The United States was also the fastest-growing in terms of the phosphoric acid and polyphosphoric acids exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) also remains the largest phosphoric acid supplier in Northern America.
In the United States, phosphoric acid exports plunged by an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in Northern America amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.
Phosphoric Acid Imports
Imports in Northern America
In 2023, after six years of growth, there was decline in overseas purchases of phosphoric acid and polyphosphoric acids, when their volume decreased by X% to X tons. Total imports indicated a buoyant expansion 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 2015 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of import peaked at X tons in 2022, and then shrank in the following year.
In value terms, phosphoric acid imports fell to $X in 2023. Overall, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.
Imports by Country
In 2023, the United States (X tons) represented the main importer of phosphoric acid and polyphosphoric acids, mixing up X% of total imports. It was distantly followed by Canada (X tons), generating a X% share of total imports.
The United States was also the fastest-growing in terms of the phosphoric acid and polyphosphoric acids imports, with a CAGR of X% from 2012 to 2023. Canada experienced a relatively flat trend pattern. From 2012 to 2023, the share of the United States increased by X percentage points.
In value terms, the United States ($X) constitutes the largest market for imported phosphoric acid and polyphosphoric acids in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%.
Import Prices by Country
In 2023, the import price in Northern America amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.
Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the phosphoric acid market in Northern America. 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 20132455 - Phosphoric acid and polyphosphoric acids
Country coverage:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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