Polyacrylamide Price In USA
- United States: 2680 USD/MT (Polyacrylamide Anionic Grade)
The price of polyacrylamide in the USA reached 2680 USD/MT (Polyacrylamide Anionic Grade) in Q4 of 2023. The market in the country saw a bearish trend, with high supply and low demand.
The latest report by IMARC Group, titled "Polyacrylamide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of polyacrylamide prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Polyacrylamide Prices December 2023:
- United States: 2680 USD/MT (Polyacrylamide Anionic Grade)
- China: 1135 USD/MT (Polyacrylamide Anionic Grade)
- Germany: 3670 USD/MT (Polyacrylamide Anionic Grade)
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The study delves into the factors affecting polyacrylamide price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Polyacrylamide Price Trend- Q4 2023
In the fourth quarter of 2023, the polyacrylamide (pam) market in North America experienced a decline, primarily driven by reduced demand in key industries such as industrial water treatment and the oil & gas enhanced oil recovery (EOR) sector. This downward trend was exacerbated by a global decrease in crude oil production, impacting industries that rely heavily on Pam. The market also faced challenges due to an oversupply of pam products, resulting from consistent production levels and the availability of raw materials. This oversupply, combined with market uncertainties about demand and pricing dynamics, led to bearish market sentiments across North America, characterized by high supply and low demand. This environment was mirrored in other regions, including APAC and Europe, where similar factors influenced the market dynamics, highlighting the global interconnectedness of the polyacrylamide market.
Polyacrylamide Market Analysis
The global polyacrylamide market size reached US$ 5.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 8.9 Billion, at a projected CAGR of 5.30% during 2023-2032. In December 2023, several factors influenced the pricing of polyacrylamide across different global markets, reflecting both regional and international dynamics. One of the primary factors was the continued oversupply in the market, compounded by lower-than-expected demand from key sectors such as industrial water treatment and oil & gas. This imbalance between supply and demand put downward pressure on prices, as evidenced by significant price reductions in regions like China, where polyacrylamide anionic grade fob prices saw a notable decline. Furthermore, the availability of feedstock acrylamide at lower costs helped to mitigate some of the manufacturing expenses, yet this was insufficient to bolster market prices significantly due to the prevailing conditions of excess inventory and muted trading activities.
In Europe, particularly in Germany, the pricing trend for polyacrylamide exhibited fluctuations that were indicative of the market's response to varying demand and supply scenarios. While the overall demand remained low, price adjustments were observed, such as a decrease of 1.5% in November followed by an increase of 2.7% in December. These fluctuations were influenced by a combination of factors including sufficient stock levels, sporadic increases in demand from associated industries, and ongoing adjustments in the international markets. Additionally, cost-effective feedstock availability in December helped stabilize manufacturing expenses to some extent. However, the overarching theme remained that of managing excess inventory and navigating a market landscape marked by reduced industrial consumption and ongoing global economic pressures that continued to shape the supply-demand dynamics within the polyacrylamide market.
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Key Points Covered in the Polyacrylamide Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Polyacrylamide Price History
- Polyacrylamide Price Forecast
- Polyacrylamide Demand & Supply
- Polyacrylamide Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Polyacrylamide Price Analysis
- Polyacrylamide Industry Drivers, Restraints, and Opportunities
- Polyacrylamide News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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