Northern America: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Northern America

The North American articles of fiber cement market stood at $X in 2022, approximately mirroring the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Northern America

In value terms, articles of fiber cement production reached $X in 2022 estimated in export price. Overall, production saw a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports in Northern America

In 2022, exports of articles of asbestos-cement, cellulose fiber-cement or the like in Northern America reached X tons, growing by 4.6% against 2021. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, articles of fiber cement exports rose significantly to $X in 2022. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States represented the largest exporter of articles of asbestos-cement, cellulose fiber-cement or the like in Northern America, with the volume of exports finishing at X tons, which was near 90% of total exports in 2022. It was distantly followed by Canada (X tons), committing a 10% share of total exports.

Exports from the United States increased at an average annual rate of +5.8% from 2012 to 2022. At the same time, Canada (+24.4%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +24.4% from 2012-2022. From 2012 to 2022, the share of Canada increased by +8.2 percentage points.

In value terms, the United States ($X) remains the largest articles of fiber cement supplier in Northern America, comprising 87% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports.

In the United States, articles of fiber cement exports increased at an average annual rate of +6.5% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, rising by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 when the export price increased by 14%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.0%).

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports in Northern America

Articles of fiber cement imports expanded modestly to X tons in 2022, surging by 2.6% against the previous year's figure. Over the period under review, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, articles of fiber cement imports expanded sharply to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The United States represented the key importing country with an import of around X tons, which recorded 65% of total imports. It was distantly followed by Canada (X tons), committing a 35% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +10.6%).

In value terms, the largest articles of fiber cement importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, the United States, with a CAGR of +10.9%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, surging by 9.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.4%).

Source: IndexBox Platform

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