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With its low business costs and abundant natural resources, the state of Louisiana is home to a number of powerful manufacturing companies, especially those in the petrochemical and oil industries. Today, we're taking a deep dive into the state's manufacturing sector, providing key industrial facts, insights, and covering the largest industrial companies in Louisiana.
In the United States in 2022, there were 23 foreign direct investment projects in the chemicals industry in the state of Louisiana. There were an additional 15 FDI projects in the business services industry.
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Graph and download economic data for Real Gross Domestic Product: Primary Metal Manufacturing (331) in Louisiana (LAPRIMETMANRGSP) from 1997 to 2023 about primary metals, primary, LA, metals, GSP, durable goods, private industries, goods, private, manufacturing, real, industry, GDP, and USA.
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Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana was 480.80000 Mil. of Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana reached a record high of 539.90000 in January of 2019 and a record low of 210.50000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana - last updated from the United States Federal Reserve on June of 2025.
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Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana was 432.20000 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana reached a record high of 589.70000 in January of 2018 and a record low of 206.20000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Louisiana - last updated from the United States Federal Reserve on June of 2025.
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Graph and download economic data for Chain-Type Quantity Index for Real GDP: Primary Metal Manufacturing (331) in Louisiana (LAPRIMETMANQGSP) from 1997 to 2023 about primary metals, quantity index, primary, LA, metals, GSP, durable goods, private industries, goods, private, manufacturing, industry, GDP, and USA.
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Engineered wood manufacturers develop laminated veneer lumber and other engineered wood members. New home construction is the industry's largest market and demand largely depends on the number of new housing starts and private spending on home improvements, both of which grew from 2020 to 2022, enabling manufacturers to thrive because of healthy downstream demand, revenue spiked 43.6% in 2021 alone. However, more recently, high interest and mortgage rates have stunted housing starts and home renovation expenditures, causing revenue to drop in 2023 and 2024. Overall, revenue has gained at a CAGR of 6.8% through the end of 2025 and is expected to total $4.1 billion in 2025, when revenue will climb by an estimated 2.4%. Profit has also increased because of declining wage and purchase costs. The industry is witnessing increasing competition from imports, which made up nearly 32.0% of domestic demand in 2025, a significant gain from 29.6% in 2020. Notably, imports from Brazil and Vietnam have surged because of lower production costs attributed to readily available timber and lower wages. However, many international competitors can't match the high-quality products of US manufacturers who use advanced technology and skilled labor. A trade-off occurs among domestic manufacturers, who find it challenging to compete and are exiting the industry. A rebound in housing starts will occur from 2025 to 2029, driven by anticipated mortgage and interest rate reductions, which should stimulate demand for new housing construction and engineered wood products. Despite this optimistic prediction, growth may remain moderate because of the likely maintained mortgage rates above the 5.0% threshold. Demand for fire-retardant engineered wood products is expected to surge, primarily in wildfire-prone areas like California, creating a potential growth area for manufacturers. The industry's competitive landscape will change because of increased tariffs on imported Canadian softwood lumber and a foreseeable depreciation of US dollar strength, making imports more expensive. Industry revenue will climb at a CAGR of 1.0% to $4.3 billion in 2030.
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Louisiana is one of the most hazard-prone states in the U.S., and many of its people are engaged directly or indirectly in agricultural activities that are impacted by an array of weather hazards. However, most hazard impact research on agriculture to date, for Louisiana and elsewhere, has focused on floods and hurricanes. This research develops a method of future crop loss risk assessment due to droughts, extreme low and high temperatures, hail, lightning, and tornadoes, using Louisiana as a case study. This approach improves future crop risk assessment by incorporating historical crop loss, historical and modeled future hazard intensity, cropland extent, population, consumer demand, cropping intensity, and technological development as predictors of future risk. The majority of crop activities occurred and will continue to occur in south-central and northeastern Louisiana along the river basins. Despite the fact that cropland is decreasing across most of the state, weather impacts to cropland are anticipated to increase substantially by 2050. Drought is by far the costliest among the six hazards, accounting for $56.1 million of $59.2 million (∼95%) in 2050-projected crop loss, followed by extreme cold ($1.4 million), extreme heat ($1.0 million), tornadoes ($0.4 million), hail ($0.2 million), and lightning ($0.05 million), respectively. These findings will assist decision-makers to minimize risk and enhance agricultural resilience to future weather hazards, thereby strengthening this economically-important industry in Louisiana and enhancing food security.
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The US natural gas market, a significant component of the global energy landscape, is projected to experience robust growth over the forecast period (2025-2033). Driven by increasing demand from the power generation sector, a shift towards cleaner energy sources (compared to coal), and ongoing industrialization, the market is poised for expansion. The abundance of shale gas reserves within the US contributes significantly to this growth, making the nation a key player in global natural gas production and trade. While challenges exist, such as fluctuating prices influenced by global supply chains and environmental concerns regarding methane emissions, technological advancements in extraction and infrastructure development are mitigating these risks. The residential sector also contributes to market growth, albeit at a slower rate compared to power generation and industrial applications. Competition among major players like ExxonMobil, Chevron, and ConocoPhillips, fuels innovation and efficiency improvements within the industry. The market segmentation by gas type (wet and dry) further reflects the diverse applications and evolving needs of consumers and industries. Assuming a conservative CAGR of 5% based on the provided information, and a 2025 market size of approximately $300 billion (a reasonable estimate considering the scale of the US energy market), we can project substantial growth throughout the forecast period. Growth is expected to be most pronounced in regions with strong industrial activity and expanding power grids. The specific growth trajectory will depend on factors such as government policies promoting natural gas utilization (or potentially phasing it out), technological advancements, and global geopolitical events impacting energy prices. Nonetheless, the US natural gas market is expected to maintain its position as a major contributor to the national energy supply and a significant player in the global energy market. Further analysis of specific segments (e.g., wet vs. dry natural gas within each end-use sector) would provide more granular insights into market dynamics and investment opportunities. The overall outlook remains positive, projecting significant value creation and economic benefits over the next decade. Recent developments include: May 2022: According to the US Energy Information Administration, the Natural Gas Pipeline Project Tracker was updated with recent approvals and completions of pipeline projects. As of the end of the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects to increase the export of US natural gas by pipeline and LNG. FERC approved two projects connecting LNG terminals in Louisiana. The Evangeline Pass Expansion Project, owned by Tennessee Gas Pipeline Company, is 1.1 billion cubic feet in size. It is intended that the proposed Plaquemines LNG Project in Plaquemines Parish, Louisiana, be supplied with natural gas by constructing 13.1 miles of new pipeline and two new compressor stations., April 2022: TotalEnergies signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd., and Japan LNG Investment for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, United States. The expansion project includes the development of a fourth train with a production capacity of 6.75 million metric tons per annum (Mtpa), as well as the debottlenecking of the first three trains to increase production by 5%.. Notable trends are: Power Generation Segment to Dominate the Market.
2.956.553,0 (billion Btu) in 2017. The Energy Information Administration includes the following in U.S. Primary Energy Production: coal production, waste coal supplied, and coal refuse recovery; crude oil and lease condensate production; natural gas plant liquids production; dry natural gas excluding supplemental gaseous fuels production; nuclear electricity net generation (converted to Btu using the nuclear plants heat rate); conventional hydroelectricity net generation (converted to Btu using the fossil-fueled plants heat rate); geothermal electricity net generation (converted to Btu using the geothermal plants heat rate), and geothermal heat pump energy and geothermal direct use energy; solar thermal and photovoltaic electricity net generation (converted to Btu using the fossil-fueled plants heat rate), and solar thermal direct use energy; wind electricity net generation (converted to Btu using the fossil-fueled plants heat rate); wood and wood-derived fuels consumption; biomass waste consumption; and biofuels feedstock.
Texas is by far the largest oil-producing state in the United States. In 2024, Texas produced a total of over two billion barrels. In a distant second place is New Mexico, which produced 744.6 million barrels in the same year. Virginia is the smallest producing state in the country, at three thousand barrels. Macro perspective of U.S. oil production The U.S. oil production totaled some 19.4 million barrels of oil per day, or a total annual oil production of 827 million metric tons in 2023. As the largest oil producer in the U.S., it is not surprising that Texas is home to the most productive U.S. oil basin, the Permian. The Permian has routinely accounted for at least 50 percent of total onshore production. Regional distribution of U.S. oil production A total of 32 of the 50 U.S. states produce oil. There are five regional divisions for oil production in the U.S., known as the Petroleum Administration for Defense Districts (PADD). These five regional divisions of the allocation of fuels derived from petroleum products were established in the U.S. during the Second World War and they are still used today for data collection purposes. In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 590 operational oil and gas rigs in the country as of February 2025.
2.237.249,0 (billion Btu) in 2017. Natural gas: A gaseous mixture of hydrocarbon compounds, the primary one being methane. Dry natural gas production: The process of producing consumer-grade natural gas. Natural gas withdrawn from reservoirs is reduced by volumes used at the production (lease) site and by processing losses. Volumes used at the production site include (1) the volume returned to reservoirs in cycling, repressuring of oil reservoirs, and conservation operations; and (2) gas vented and flared. Processing losses include (1) nonhydrocarbon gases (e.g., water vapor, carbon dioxide, helium, hydrogen sulfide, and nitrogen) removed from the gas stream; and (2) gas converted to liquid form, such as lease condensate and plant liquids. Volumes of dry gas withdrawn from gas storage reservoirs are not considered part of production. Dry natural gas production equals marketed production less extraction loss. Marketed production: Gross withdrawals less gas used for repressuring, quantities vented and flared, and nonhydrocarbon gases removed in treating or processing operations. Includes all quantities of gas used in field and processing plant operations.
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For each of the four Miocene sequences, polygons representing producing areas within fields were created by constructing a grid of ¼ sq. mi. cells and proximal polygons centered on all producing wells and then combining and merging the adjacent polygons having the same value for field name. Although the polygons are based on the producing wells only, they may also include some dry holes. The producing intervals were determined by comparing the depth of production to the structure contours (see metadata for the structure contours). The data are provided in four shapefiles--one for each Miocene sequence (Lower 1, Lower 2, Middle and Upper). These datasets contain basic data and interpretations developed and compiled by the U.S. Geological Survey's Framework Studies and Assessment of the Gulf Coast Project. Other major sources of data include publicly available information from state agencies as well as publications of the U.S. Geological Survey and other scientific organizations ...
Arkansas was the top producer of rice in the United States, generating about 109 million centum weight of rice in 2024. California came in second with 39.6 million centum weight of rice in that year. Rice trade with the U.S. The United States exports a large volume of rice every year. In 2022/2023, 2.25 million metric tons of rice was exported overseas from the United States. Mexico was the leading destination for U.S. rice exports, with just about 616 thousand metric tons of rice imports in 2020. Haiti and Japan were also major destinations for U.S.-grown rice. Global rice consumption The top three consumers of rice in the world are China, India, and Bangladesh. As an inexpensive and versatile grain, rice has become more popular over the last decade worldwide. In the 2008/2009 trade year, 437.18 million metric tons of rice were consumed worldwide, and by 2021/2022 that figure had increased to about 519.9 million metric tons of rice. In the United States, rice consumption has fluctuated over the last several years but has since leveled out at around 4.6 million metric tons.
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The price of wood saw record-high growth in 2021, contributing to industry expansion as demand surged from the booming housing market stimulated by historically low mortgage rates. The key materials in this industry—such as round or hewn wood products, rough and dressed softwood lumber and various types of veneer and plywood—are sensitive to price fluctuations, which directly impact industry revenue. Pandemic-induced supply chain disruptions further exacerbated the issue by limiting the wood supply, leading to unprecedented price increases and profit volatility. However, as mortgage rates climbed by more than double in the latter half of the current period, residential construction slowed, curbing demand for wood products and resulting in industry contraction when wood prices plummeted in 2023. As the industry looks toward 2024, revenue is anticipated to contract due to decreased housing market demand. Despite a rise in lumber prices throughout 2024, prices are expected to remain below 2023 levels, contributing to reduced industry revenue. This decline in lumber prices on an annual basis is linked to a drop in new housing starts and increased housing inventory within the US construction sector. Factors such as higher financing costs, elevated mortgage rates and shortages of both labor and land have contributed to the reduction in housing starts. Despite the projected 1.2% decline in 2024, revenue is projected to grow at a CAGR of 0.4% to reach $28.8 billion this year. Projected declines in mortgage rates are expected to stimulate residential construction, subsequently increasing demand for wood panels. Growth in the housing market will contribute to industry growth, which is anticipated to be in the low-single-digit range over the outlook period, in line with historical trends. This growth projection assumes stable prices for input materials, as any significant fluctuations could substantially impact revenue. Additionally, competition from imported goods is expected to decline due to a combination of factors, including exchange rates and tariffs on imports. Overall, industry revenue is projected to increase at a CAGR of 1.7% to reach $31.3 billion by 2029.
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Oil and gas pipeline construction contractors have seen an overall decline in revenue since 2020, with recent years of growth not having fully made up for the decline in revenue that came in the wake of the COVID-19 pandemic. World oil and gas prices have been extremely volatile during the current period and have limited capital expenditure by upstream and downstream industries. Still, a number of pipeline construction projects have recently broken ground, with many centered on delivering affordable hydrocarbons from tight shale formations to global energy consumers. Industry revenue has declined at a CAGR of 0.6% to $53.6 billion over the past five years despite a 1.4% increase in 2025. The industry has been busy constructing new gathering and transmission lines as well as storage and refining facilities. More infrastructure has been necessary to harness the outburst of energy, which has come online following the widespread adoption of hydraulic fracturing and horizontal drilling since the early 2000s. In fact, as domestic production increased and gas and oil exports from Russia decreased, the US became the global leader in LNG exports in 2023 and has become a net exporter of oil. The second Trump administration has, so far, been a mixed bag for the industry, lifting the Biden administration’s pause on LNG export approvals and generally promoting drilling, but proposing to push down oil prices and generally creating an uncertain business environment. Industry profit has expanded over the past five years as input cost inflation has cooled. Oil and gas pipeline construction companies are caught in a predicament as the United States seeks to improve its position as the world's largest producer of oil and gas while setting itself up for a more sustainable future. Demand for oil and natural gas will be threatened by a global transition to green energy in the coming years, though natural gas is often turned to as a relatively green fuel compared to other power sources like coal. Demand for pipeline construction will likely remain strong for interstate and intrastate pipelines connecting producers to key export terminals in Louisiana and Texas. Industry revenue is expected to grow at a CAGR of 1.7% to $58.3 billion over the five years to 2030 as global demand for energy expands.
In 2024, Florida produced approximately 18.55 million tons of sugar cane. The world sugar production amounted to about 181.2 million metric tons in 2021/2022. Sugar cane production Sugar cane is a grass native to Asia and grows mostly in tropical and subtropical areas. In terms of the U.S. sugar cane production by state, it is mainly concentrated in the federal states of Florida, Louisiana, Texas and Hawaii. In 2023, Florida produced around 17.9 million tons of sugar cane. During this period, Florida accounted for more than half of the country’s total sugar cane production. Some nine hundred thousand acres of sugar cane are harvested yearly in the United States, generating over one billion U.S. dollars in annual revenues. In 2021, Brazil was the leading sugar cane producer worldwide. In that year, the nation yielded approximately 715.66 million metric tons of sugar cane, accounting for more than 38 percent of the global sugar cane production. Sugar cane is processed into raw sugar at mills shortly after harvest then transported to refineries to produce powdered, granulated and brown sugar. Between 2022 and 2023, the United States produced approximately 8.42 million metric tons of sugar.
With over 60 billion U.S. dollars of chemical exports in 2022, Texas reported the highest export value among all U.S. states. Louisiana came in second that year with 13.17 billion U.S. dollars, with these top two states accounting for over half of the total chemical exports in the country. Other significant states in terms of export values included New Jersey, California, and Illinois. Overview of the U.S. chemical industry The chemical industry in the United States is a significant sector that generates billions of dollars in revenue annually. In 2021, chemical shipments from the United States were worth 769 billion U.S. dollars while the industry's total revenue was valued at 492.4 billion U.S. dollars that year. Although this figure represents a reduction compared to its maximum total revenue of 818.2 billion U.S. dollars, recorded in 2015, the United States is still home to several of the world's leading chemical companies. As such, the value of the United States' chemical exports has increased from around 76.8 billion U.S. dollars in 2001 to approximately 233 billion U.S. dollars in 2021.
The global chemical industry and its key players The global chemical industry is a lucrative sector that generates billions of dollars in revenue annually. In 2021, the chemical industry's total worldwide revenue stood at 4.73 trillion U.S. dollars. China leads the world in chemical exports, with exports amounting to over 106 billion U.S. dollars in 2021, followed by the United States with exports worth over 56 billion U.S. dollars that year. China is also the largest consumer of chemicals, with a consumption value of 1.76 trillion euros in 2021. In comparison, the United States' chemical consumption amounted to around 412 billion euros in the same year.
In 2023, CF Industries, a manufacturer of agricultural fertilizers based in Illinois, was the company with the largest ammonia plant, located in Donaldsonville, Louisiana, with a production capacity of almost four million metric tons. The company owned the top three ammonia production facilities in the country, in terms of capacity.
In 2019, there were 22 facilities producing urea in the United States. CF Industries, a manufacturer of agricultural fertilizers based in Illinois, was the company with the largest ammonia plant, located in Donaldsonville, Louisiana, with a production capacity of over 3.6 million metric tons. The company owned three of the top five urea production facilities in the country, in terms of capacity.
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With its low business costs and abundant natural resources, the state of Louisiana is home to a number of powerful manufacturing companies, especially those in the petrochemical and oil industries. Today, we're taking a deep dive into the state's manufacturing sector, providing key industrial facts, insights, and covering the largest industrial companies in Louisiana.