Halogenated Hydrocarbon Derivative Market in the United States
Market Overview
In 
, after two years of growth, there was decline in the U.S. halogenated hydrocarbon derivative market, when its value decreased by -% to $. Over the period under review, consumption, however, enjoyed resilient growth. Over the period under review, the market attained the peak level at $ in , and then shrank slightly in the following year.
In value terms, halogenated hydrocarbon derivative production expanded slightly to $ in . Overall, the total production indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in ; however, from to , production remained at a lower figure.
, after two years of growth, there was decline in the U.S. halogenated hydrocarbon derivative market, when its value decreased by -% to $. Over the period under review, consumption, however, enjoyed resilient growth. Over the period under review, the market attained the peak level at $ in , and then shrank slightly in the following year.In value terms, halogenated hydrocarbon derivative production expanded slightly to $
in . Overall, the total production indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in ; however, from to , production remained at a lower figure.Consumption
In , after two years of growth, there was decline in consumption of halogenated derivatives of hydrocarbons, when its volume decreased by -% to tons. In general, consumption, however, posted a buoyant increase. Over the period under review, consumption attained the peak volume at tons in , and then declined modestly in the following year.
The revenue of the halogenated hydrocarbon derivative market in the United States contracted slightly to $ in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs at $ in , and then reduced slightly in the following year.
, after two years of growth, there was decline in consumption of halogenated derivatives of hydrocarbons, when its volume decreased by -% to tons. In general, consumption, however, posted a buoyant increase. Over the period under review, consumption attained the peak volume at tons in , and then declined modestly in the following year.The revenue of the halogenated hydrocarbon derivative market in the United States contracted slightly to $
in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs at $ in , and then reduced slightly in the following year.Market Forecast
Driven by increasing demand for halogenated derivatives of hydrocarbons in the United States, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
The United States remains a net exporter of halogenated hydrocarbon derivative; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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