U.S. Gypsum Product Market. Analysis And Forecast to 2030
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View PricingGypsum Product Imports in the U.S. Hit $309 Million High in 2023
U.S. Gypsum Product Imports
In 2023, purchases abroad of gypsum products decreased by -0.9% to 838K tons for the first time since 2015, thus ending a seven-year rising trend. In general, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked at 845K tons in 2022, and then fell in the following year.
In value terms, gypsum product imports rose modestly to $309M (IndexBox estimates) in 2023. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 45%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.
| COUNTRY | Import Value of Gypsum Product in U.S. (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Mexico | 42.9 | 57.6 | 56.1 | 65.1 | 87.8 | 98.4 | 98.6 | 110 | 176 | 256 | 283 |
| Canada | 29.1 | 33.9 | 37.8 | 38.8 | 36.7 | 34.9 | 35.0 | 32.7 | 32.1 | 33.4 | 18.8 |
| China | 1.3 | 1.0 | 1.1 | 7.6 | 4.2 | 4.9 | 3.5 | 1.3 | 1.1 | 1.0 | 1.1 |
| Others | 4.0 | 5.1 | 4.1 | 7.6 | 3.2 | 4.5 | 3.6 | 3.1 | 3.6 | 4.2 | 6.0 |
| Total | 77.3 | 97.6 | 99.1 | 119 | 132 | 143 | 141 | 147 | 213 | 295 | 309 |
Imports by Country
In 2023, Mexico (792K tons) was the main gypsum product supplier to the United States, accounting for a 95% share of total imports. Moreover, gypsum product imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (31K tons), more than tenfold.
From 2013 to 2023, the average annual rate of growth in terms of volume from Mexico amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-13.8% per year) and China (-2.1% per year).
In value terms, Mexico ($283M) constituted the largest supplier of gypsum products to the United States, comprising 92% of total imports. The second position in the ranking was held by Canada ($19M), with a 6.1% share of total imports.
From 2013 to 2023, the average annual rate of growth in terms of value from Mexico totaled +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-4.3% per year) and China (-1.8% per year).
Import Prices by Country
In 2023, the gypsum product price amounted to $369 per ton (CIF, US), growing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2022 an increase of 17% against the previous year. The import price peaked in 2023 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($598 per ton), while the price for Mexico amounted to $358 per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Canada (+11.0%).
This report provides an in-depth analysis of the gypsum product market 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:
- NAICS 327420 - Gypsum product manufacturing
Companies mentioned:
- USG Corporation
- Pacific Coast Building Products
- Parex Usa
- American Gypsum Company
- Patrick Industries
- James Hardie Transition Co.
- Stromberg Architectural Products Southeast Inc.
- R. Henry Incorporated
- Saint Gobain Corporation
- Master Wall, Inc.
- Diamond K Gypsum
- Perma-Chink Systems
- Omega Products Corp.
- Synthetic Materials
- Plastrglas
- Casting Designs
- Certainteed Gypsum
- Bpc
- American Gypsum Company
- Duncan Financial Corporation
- United States Gypsum Company
- Opal Service
- Premier Boxboard Limited
- Pabco Building Products
- Jimco Integrated Services
- Certainteed Gypsum and Ceiling Manufacturing
- Georgia-Pacific Gypsum II
- Continental Building Products
- Lsf8 Gypsum Holdings
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
