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U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights

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Jun 30, 2022

U.S. Ready-Mixed Concrete Market Surpasses $30B

IndexBox has just published a new report: 'U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The U.S. market for ready-mixed concrete and factory-made mortars was estimated at $30.6B in 2021. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price). Overall, the total consumption indicated a perceptible increase from 2011 to 2021: its value increased at an average annual rate of +1.6%. 

U.S. Ready-Mixed Concrete Exports 

In 2021, overseas shipments of ready-mixed concrete and factory-made mortars were finally on the rise to reach 152K tons after two years of decline. In general, total exports indicated moderate growth from 2011 to 2021: its volume increased at an average annual rate of +3.8%. 

In value terms, exports skyrocketed to $68M in 2021. Overall, total exports indicated a buoyant increase: its value increased at an average annual rate of +3.8% over the last decade. 

Exports by Country

Canada (63K tons), Mexico (36K tons) and Bahamas (4.8K tons) were the main destinations of exports of ready-mixed concrete and factory-made mortars from the United States, with a combined 68% share of total volume. These countries were followed by Australia, the Dominican Republic, Spain, Cayman Islands, Aruba, Turks and Caicos Islands and Curacao, which together accounted for a further 16%.

In value terms, Canada ($38M) remains the key foreign market for ready-mixed concrete and factory-made mortar exports from the United States, comprising 56% of total supplies. The second position in the ranking was occupied by Mexico ($7.4M), with an 11% share of total exports. It was followed by the Dominican Republic, with a 4.2% share.

From 2011 to 2021, the average annual growth rate of value to Canada stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.7% per year) and the Dominican Republic (+14.9% per year).

Export Prices by Country

The average export price for ready-mixed concrete and factory-made mortars stood at $446 per ton in 2021, with an increase of 4.8% against the previous year. There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Aruba ($640 per ton), while the average price for exports to Spain ($52 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Ready-Mixed Concrete Imports 

In 2021, purchases abroad of ready-mixed concrete and factory-made mortars was finally on the rise to reach 145K tons after two years of decline. Overall, imports posted perceptible growth over the past decade. 

In value terms, imports soared to $76M in 2021. In general, total imports indicated strong growth from 2011 to 2021: its value increased at an average annual rate of +4.0%. 

Imports by Country

In 2021, Canada (113K tons) constituted the largest supplier of ready-mixed concrete and factory-made mortar to the United States, with a 78% share of total imports. Moreover, purchases from Canada exceeded the figures recorded by the second-largest supplier, Mexico (24K tons), fivefold.

In value terms, Canada ($63M) constituted the largest supplier of ready-mixed concrete and factory-made mortar to the United States, comprising 83% of total imports. The second position in the ranking was occupied by Mexico ($5.9M), with a 7.8% share of total supplies. 

From 2011 to 2021, the average annual rate of growth in terms of value from Canada and Mexico totaled +9.0% and +4.7% per year respectively.

Import Prices by Country

The average import price for ready-mixed concrete and factory-made mortars stood at $521 per ton in 2021, increasing by 7.4% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($612 per ton), while the price for Mexico ($247 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23631000 - Ready-mixed concrete
  • Prodcom 23641000 - Factory made mortars

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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