U.S. - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Glycol Price in the United States - 2023
Contents:
- Ethylene Glycol Price in the United States (FOB) - 2023
- Ethylene Glycol Price in the United States (CIF) - 2023
- Ethylene Glycol Exports in the United States
- Ethylene Glycol Imports in the United States
Ethylene Glycol Price in the United States (FOB) - 2023
In August 2023, the average ethylene glycol export price amounted to $468 per ton, falling by -5.3% against the previous month. In general, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in December 2022 an increase of 7.4% month-to-month. Over the period under review, the average export prices reached the peak figure at $560 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($635 per ton), while the average price for exports to Italy ($326 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.2%), while the prices for the other major destinations experienced a decline.
Ethylene Glycol Price in the United States (CIF) - 2023
In August 2023, the average ethylene glycol import price amounted to $456 per ton, approximately mirroring the previous month. In general, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in February 2023 an increase of 10% against the previous month. The import price peaked at $609 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to -2.4% per month.
Ethylene Glycol Exports in the United States
Ethylene glycol exports from the United States surged to 2.7M tons in 2022, increasing by 35% compared with the previous year. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 70%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ethylene glycol exports skyrocketed to $1.7B in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ethylene Glycol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 82.8 | 155 | 276 | 416 | 71.3% |
| China | 72.9 | 293 | 375 | 388 | 74.6% |
| Belgium | 115 | 83.1 | 113 | 242 | 28.1% |
| Mexico | 193 | 169 | 275 | 229 | 5.9% |
| Brazil | 33.2 | 40.9 | 85.2 | 124 | 55.2% |
| Egypt | N/A | 0.6 | 16.9 | 44.9 | 765.1% |
| Argentina | 1.6 | 3.2 | 1.5 | 29.0 | 162.7% |
| United Kingdom | 27.8 | 30.1 | 65.8 | 22.2 | -7.2% |
| South Korea | 94.6 | 74.6 | 15.7 | 10.2 | -52.4% |
| Others | 91.9 | 69.7 | 98.5 | 156 | 19.3% |
| Total | 712 | 919 | 1,322 | 1,661 | 32.6% |
Top Export Markets for Ethylene Glycol from the United States in 2022:
- Turkey (716.2K tons)
- China (632.2K tons)
- Mexico (420.5K tons)
- Belgium (379.5K tons)
- Brazil (216.5K tons)
- Egypt (76.7K tons)
- Argentina (53.8K tons)
- United Kingdom (38.8K tons)
- South Korea (17.8K tons)
Ethylene Glycol Imports in the United States
In 2022, imports of ethylene glycol (ethanediol) into the United States declined to 376K tons, dropping by -4.9% compared with the year before. Over the period under review, imports continue to indicate a abrupt decrease.
In value terms, ethylene glycol imports shrank to $214M in 2022. In general, imports showed a precipitous curtailment. The smallest decline of -6% was in 2021.
| Import of Ethylene Glycol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 341 | 220 | 193 | 187 | -18.1% |
| Saudi Arabia | 54.2 | 20.3 | 39.3 | 26.1 | -21.6% |
| India | 24.1 | 16.5 | 6.0 | N/A | -50.1% |
| Others | 1.7 | 1.2 | 3.5 | 1.0 | -16.2% |
| Total | 421 | 258 | 242 | 214 | -20.2% |
Top Suppliers of Ethylene Glycol to the United States in 2022:
- India (undefinedK tons)
- Canada (324.3K tons)
- Saudi Arabia (50.9K tons)
This report provides an in-depth analysis of the ethylene glycol market 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 20142310 - Ethylene glycol (ethanediol)
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.
-
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
-
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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