Northern America: Polyamide Market 2024

Polyamide Market Size in Northern America

The North American polyamide market expanded markedly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Polyamide Production in Northern America

In value terms, polyamide production rose significantly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Polyamide Exports

Exports in Northern America

In 2023, after two years of growth, there was significant decline in overseas shipments of polyamides (in primary forms), when their volume decreased by X% to X tons. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, polyamide exports declined markedly to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then fell significantly in the following year.

Exports by Country

The United States represented the major exporter of polyamides (in primary forms) in Northern America, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Canada (X tons), making up a X% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of polyamides (in primary forms). At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest polyamide supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Polyamide Imports

Imports in Northern America

After two years of growth, overseas purchases of polyamides (in primary forms) decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, polyamide imports shrank rapidly to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then declined significantly in the following year.

Imports by Country

The United States was the largest importer of polyamides (in primary forms) in Northern America, with the volume of imports recording X tons, which was near X% of total imports in 2023. It was distantly followed by Canada (X tons), making up a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United States (with a CAGR of X%).

In value terms, the United States ($X) constitutes the largest market for imported polyamides (in primary forms) in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada 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