Aniline Price in USA
- United States: $1786 /MT
In Q4 of 2023, aniline industry prices were volatile. Initially, prices increased due to low inventory levels. However, by December, the price of aniline in the USA stabilized around 1786 US$/MT.
The latest report by IMARC Group, titled "Aniline Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of aniline prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Aniline Prices Analysis:
- South Korea: $1575 /MT
- Belgium: $1465 /MT
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting aniline 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.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/aniline-pricing-report/requestsample
Aniline Price Trend- Last Quarter
The aniline industry is primarily driven by its extensive use in the production of methylene diphenyl diisocyanate (MDI), which is a key component in the manufacture of polyurethane foams. These foams are widely used in various industries, including automotive, construction, furniture, and electronics, due to their excellent insulation properties and lightweight nature. The growing demand for polyurethane foams in these sectors significantly propels the aniline market. Additionally, aniline's role as a precursor in the production of dyes, pigments, and rubber processing chemicals further fuels its demand. Rapid industrialization and urbanization, particularly in emerging economies, strengthen the market growth as infrastructure development and manufacturing activities increase. Moreover, advancements in aniline production technologies and the expansion of applications in pharmaceuticals and agrochemicals contribute to the market dynamics.
Aniline Industry Analysis
In Q1 2024, the aniline market in North America experienced a downward price trajectory due to factors such as low demand during the New Year holidays, improved supply rates from exporters, and moderate offtakes from buyers. Winter storms in mid-quarter negatively impacted downstream industries, leading to decreased demand for Aniline in end-user sectors. High freight costs on material imports also contributed to reduced orders from buyers. By the end of the quarter, Aniline prices continued to decline due to firm supplies and reduced ocean freight costs.
In the Asia-Pacific region, the market experienced mixed trends. Initially, prices declined due to sluggish demand from downstream MDI manufacturers, largely due to decreased polyurethane foam consumption in the manufacturing sector and a slowdown in the furniture market. The Lunar New Year holidays in China further impacted the market, with manufacturing activities improving post-holidays but sluggish offtakes. However, other regional markets saw price increases due to limited stock availability and steady demand from buyers, particularly in importing countries. The dye and pigment industries in countries like India also saw increased orders during spring festival celebrations, contributing to price hikes.
Meanwhile, Europe saw prices drop due to increased inventory levels, supply chain disruptions, and heightened ship traffic resulting from attacks on vessels in the Red Sea. Mid-quarter demand was low due to a hike in production costs, driven by concerns over energy security and the US LNG export pause. However, Aniline prices trended upward towards the end of the quarter due to production schedule disruptions and global air cargo demand.
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, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
