United States imports and exports.

Imports of formaldehyde have been negligible since 1920 when 428,444 pounds, valued at $210,191, were imported. There were no imports from 1928 until 1935, when 375 pounds valued at $72 were imported from Canada. In 1936 imports amounted to 20 pounds, valued at $14, from Switzerland.

The United States exports about 5 percent of its production of formaldehyde. Canada is the principal destination of exports, and prior to 1934 Japan was an important market. Table [85] shows exports of formaldehyde to principal markets, in recent years.

Table 85.—Formaldehyde: United States exports to principal markets, in specified years, 1929-37

Exported to—19291931193319341935193619371
Quantity (pounds)
Canada19,321716,1321,095,8471,236,1031,493,9931,105,2771,187,661
Japan1,464,763622,407729,87511,250
Netherlands Indies626,689650,875344,72571,375200335,275
United Kingdom303345,8963052
China29,030229,760215,050572,700598,342459,490938,700
All other countries448,063339,777332,101433,068334,100279,289403,236
Total2,588,1692,904,8472,373,1782,597,8462,497,8101,844,2582,864,872
Value
Canada$4,405$36,471$46,611$58,348$83,805$53,062$50,780
Japan124,41133,39543,254562
Netherlands Indies42,80738,46215,5362,8661313,411
United Kingdom51018,6291921
China3,35413,01911,99827,40728,23919,25834,274
All other countries49,74222,70918,96623,44418,67616,52020,498
Total225,229162,685121,021125,297133,58688,854118,963
Unit value
Canada$0.228$0.051$0.043$0.047$0.056$0.048$0.043
Japan.085.054.059.050
Netherlands Indies.068.059.045.040.065.040
United Kingdom1.683.054.630.500
China.116.057.056.048.047.042.037
All other countries.111.067.057.054.056.059.051
Average.087.056.051.048.053.048.042
Percent of total quantity
Canada0.824.746.247.659.859.941.4
Japan56.621.430.7.4
Netherlands Indies24.222.413.32.811.7
United Kingdom11.9
China1.17.99.122.024.024.932.8
All other countries17.311.714.016.713.415.214.1
Total100.0100.0100.0100.0100.0100.0100.0

1 Preliminary.

Source: Foreign Commerce and Navigation of the United States.

Competitive conditions.

The competitive situation with respect to formaldehyde is determined largely by the output and price of the raw material, methanol. The United States produces large quantities of synthetic and natural methanol and is a net exporter of that product. Both methanol and formaldehyde are produced in many foreign countries, and foreign production is expanding. Although methanol is now the main, if not the sole, raw material utilized in making formaldehyde, plants for making the latter direct from natural gas, or from petroleum gas hydrocarbons are contemplated or actually under construction. Should such processes develop to an appreciable extent, the competitive situation of the United States may change, but in such case it is unlikely that this country would be so affected as to change its position as a moderate exporter.