IPA imports decreased 12% year on year for October

11 December 2013 00:00 Source:ICIS News

HOUSTON (ICIS)--US isopropanol alcohol (IPA) imports rose 12% in October, compared with the same period last year as the US market continued its growing reliance on imports and saw exports decline, according to data released Wednesday by the International Trade Commission.

Imports rose to 4,609 tonnes in October from 4,104 tonnes in October 2012, according to the ITC figures. Canada remains the top IPA supplier to the US market, providing 89% of the 77,271 tonnes imported to the US so far in 2013, up 9% from the previou year.

US IPA exports were down slightly, less than one-half of one percent in October, to 13,662 tonnes from 13,583 tonnes in October 2012. 

The US remains a net exporter of IPA, shipping 123,607 tonnes the first 10 months of 2013. But that is down 10% from the 136,658 tonnes shipped during the same period in 2012, according to the ITC data.

Exports to Belgium, the US's top IPA customer, were up one and a half times, to 4,537 tonnes in October, compared to 1,846 tonnes in October 2012. In October, exports to Belgium more than doubled, from 1,846 tonnes to 4,537 tonnes. Exports to Mexico were down 31%.

Belgium, Mexico and Spain remain the US's top export markets, taking 45,131, 20,493 and 13.215 tonnes respectively.

Imports from Canada were down 19%, and imports from Switzerland more than doubled, from 105 tonnes to 223 tonnes.

By Andrew Guy Jr