U.S. - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Oxide Pigment Price in the United States - 2023
Contents:
- Iron Oxide Pigment Price in the United States (CIF) - 2023
- Iron Oxide Pigment Price in the United States (FOB) - 2022
- Iron Oxide Pigment Imports in the United States
- Iron Oxide Pigment Exports in the United States
Iron Oxide Pigment Price in the United States (CIF) - 2023
In September 2023, the average iron oxide pigment import price amounted to $1,339 per ton, declining by -1.7% against the previous month. Overall, the import price recorded a mild decline. The growth pace was the most rapid in June 2023 an increase of 30% against the previous month. Over the period under review, average import prices hit record highs at $1,881 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($14,752 per ton), while the price for Canada ($787 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Oxide Pigment Price in the United States (FOB) - 2022
The average iron oxide pigment export price stood at $1,397 per ton in 2022, rising by 14% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxide pigment export price increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 86%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($6,787 per ton), while the average price for exports to Spain ($202 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 Belgium (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Iron Oxide Pigment Imports in the United States
For the fourth year in a row, the United States recorded growth in supplies from abroad of iron oxide pigments, which increased by 18% to 229K tons in 2022. The total import volume increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron oxide pigment imports skyrocketed to $361M in 2022. Overall, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Iron Oxide Pigment in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 75.9 | 71.2 | 86.9 | 145 | 24.1% |
Germany | 76.3 | 71.3 | 72.0 | 141 | 22.7% |
Italy | 18.2 | 19.9 | 18.1 | 22.6 | 7.5% |
Brazil | 17.7 | 15.1 | 14.2 | 16.4 | -2.5% |
India | 3.1 | 4.1 | 6.8 | 11.2 | 53.4% |
Canada | 5.1 | 5.4 | 6.9 | 8.0 | 16.2% |
Others | 21.1 | 11.0 | 13.1 | 16.8 | -7.3% |
Total | 217 | 198 | 218 | 361 | 18.5% |
Top Suppliers of Iron Oxide Pigment to the United States in 2022:
- China (108.7K tons)
- Germany (64.2K tons)
- Brazil (15.9K tons)
- Canada (12.8K tons)
- India (11.3K tons)
- Italy (8.9K tons)
Iron Oxide Pigment Exports in the United States
In 2022, the amount of iron oxide pigments exported from the United States dropped to 46K tons, falling by -5.3% against 2021. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, iron oxide pigment exports rose significantly to $65M in 2022. Overall, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 23%.
Export of Iron Oxide Pigment in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 16.8 | 15.0 | 19.0 | 26.1 | 15.8% |
Belgium | 10.8 | 2.2 | 8.2 | 9.3 | -4.9% |
Mexico | 5.9 | 4.9 | 7.6 | 8.5 | 12.9% |
China | 6.0 | 3.8 | 7.7 | 5.1 | -5.3% |
Spain | 7.1 | 2.1 | 2.4 | 1.9 | -35.6% |
Australia | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
Guatemala | 8.7 | 8.4 | 4.3 | N/A | -29.7% |
Others | 12.9 | 11.7 | 10.3 | 13.0 | 0.3% |
Total | 68.7 | 48.7 | 60.1 | 64.8 | -1.9% |
Top Export Markets for Iron Oxide Pigment from the United States in 2022:
- Guatemala (undefinedK tons)
- Canada (16.9K tons)
- Spain (9.2K tons)
- Mexico (8.6K tons)
- China (5.1K tons)
- Belgium (1.4K tons)
- Australia (0.9K tons)
This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3
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.
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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
- 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
This report provides an in-depth analysis of the iron oxide pigment market in the U.S..
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in the U.S..
This report provides an in-depth analysis of the global iron oxide pigment market.
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