U.S. Asphalt Shingle And Coating Materials Market. Analysis And Forecast to 2030
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View PricingAsphalt Shingle Prices in the United States
U.S. Asphalt Shingle Export Price per Ton in August 2022
In August 2022, the asphalt shingle price per ton stood at $830.9 (FOB, US), falling by -5% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 10% month-to-month. The export price peaked at $874.4 per ton in July 2022, and then declined modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Canada ($834.0 per ton), while the average price for exports to Chile ($445.0 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Asphalt Shingle Exports
In August 2022, approximately 47K tons of asphalt shingle and coating materials were exported from the United States; surging by 12% compared with July 2022 figures. The total export volume increased at an average monthly rate of +4.6% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in March 2022 with an increase of 28% against the previous month. As a result, the exports attained the peak of 55K tons. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, asphalt shingle exports expanded significantly to $39M (IndexBox estimates) in August 2022. Overall, total exports indicated a buoyant expansion from January 2022 to August 2022: its value increased at an average monthly rate of +7.2% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports decreased by -12.6% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 when exports increased by 32% month-to-month.
U.S. Asphalt Shingle Exports by Country
Canada (39K tons) was the main destination for asphalt shingle exports from the United States, with a 82% share of total exports. Moreover, asphalt shingle exports to Canada exceeded the volume sent to the second major destination, Chile (3K tons), more than tenfold. Mexico (1.4K tons) ranked third in terms of total exports with a 3.1% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume to Canada totaled +5.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Chile (+4.4% per month) and Mexico (+3.1% per month).
In value terms, Canada ($32M) remains the key foreign market for asphalt shingle exports from the United States, comprising 83% of total exports. The second position in the ranking was held by Chile ($1.3M), with a 3.5% share of total exports. It was followed by Mexico, with a 2.1% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value to Canada stood at +7.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Chile (+5.2% per month) and Mexico (+3.2% per month).
This report provides an in-depth analysis of the asphalt shingle 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 324122 - Asphalt shingle and coating materials manufacturing
Companies mentioned:
- Johns Manville Corporation
- Tamko Building Products
- The Garland Company
- Carlisle Construction Materials Incorporated
- Carlisle Companies Incorporated
- Carlisle Corporation
- Mule-Hide Products Co.
- Derbigum Americas
- Herbert Malarkey Roofing Company
- Henry Company
- The Brewer Company
- Lunday-Thagard Company
- Lapolla Industries
- Onduline North America
- Max Chemical
- Elk Premium Building Products
- Garland Industries
- Rgm Products
- Iko Production
- Elkcorp
- Goldis Enterprises
- Goldis Holdings
- Garland/Dbs
- Conklin Company Partners
- James Hardie Trading Co.
- Hco Holding II Corporation
- Hnc Parent
- LL Building Products
- Carlisle Fluid Technologies
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In July 2023, the price of Asphalt Shingle reached $920 per ton (FOB, US), showing a 5.1% increase compared to the previous month.
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