U.S.: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in the U.S.

The U.S. polyethylene glycol and polyether market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a noticeable downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Polyethylene Glycols and Polyethers in Primary Forms in the U.S.

In value terms, polyethylene glycol and polyether production dropped slightly to $X in 2022. Overall, production recorded a perceptible reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Polyethylene glycol and polyether production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports from the U.S.

In 2022, the amount of polyethylene glycols and polyethers in primary forms exported from the United States fell to X tons, remaining stable against 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, polyethylene glycol and polyether exports shrank to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Canada (X tons) and Brazil (X tons) were the main destinations of polyethylene glycol and polyether exports from the United States, with a combined X% share of total exports. Taiwan (Chinese), China, Belgium, Colombia, Indonesia, Argentina, Thailand, Japan, India and Chile lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene glycol and polyether exported from the United States were Mexico ($X), Canada ($X) and Belgium ($X), with a combined X% share of total exports. Brazil, China, Taiwan (Chinese), India, Japan, Colombia, Argentina, Thailand, Indonesia and Chile lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average polyethylene glycol and polyether export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Taiwan (Chinese) ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports into the U.S.

In 2022, approx. X tons of polyethylene glycols and polyethers in primary forms were imported into the United States; shrinking by X% on the previous year. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, polyethylene glycol and polyether imports fell markedly to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

China (X tons), South Korea (X tons) and Germany (X tons) were the main suppliers of polyethylene glycol and polyether imports to the United States, together accounting for X% of total imports. Taiwan (Chinese), Austria, Canada, Belgium, Thailand, Singapore, Mexico, Japan and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Japan ($X) were the largest polyethylene glycol and polyether suppliers to the United States, together comprising X% of total imports. Germany, Taiwan (Chinese), Austria, Canada, Singapore, Belgium, Mexico, Thailand and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Austria, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average polyethylene glycol and polyether import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, 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