U.S. imports of inorganic chemicals reached US$4.8B in Q3, highest value in three years, market analyst says; imports from Canada increased 50% from 2010 to 2011
December 13, 2011
– Zepol Corporation, the leading trade intelligence company, announced the release of their latest report today detailing import trends for the U.S. inorganic chemical industry. The report provides an overall summary of the industry as well as detailed information on specific products, trends, trade lanes, and more. The report is available for download at www.zepol.com and is free for all visitors.
3 Key Insights Found in the Report:
1. U.S. imports of inorganic chemicals reached $4.8 billion in Q3 of 2011, the highest value seen in three years.
2. Inorganic chemical imports from Canada, the number one country of origin, increased 50% from 2010 to 2011.
3. The price per kilogram of rare-earth metals from China increased over 600% in just one year.
"This report is very timely as the chemical industry has experienced many changes within the past year," stated Paul Rasmussen, CEO & President of Zepol Corporation. "Also included in the report is critical import compliance information that all importers should be aware of."
The information in this report was derived entirely from Zepol's trade intelligence tools, TradeIQ™, TradeView™, and ComplianceMonitor™. Zepol's tools meet the needs of all importers, suppliers, transportation companies, and government agencies. The tools are available for online access through a variety of subscription options at www.zepol.com. To view more free trade reports from Zepol, click here.
About Zepol Corporation:
Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date U.S. trade data through our subscription tools. TradeIQ™ is a U.S. Customs import Bill of Lading database utilized to find information about competitors, suppliers, prospects, and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information.