Northern America: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Northern America

The North American market for articles of asbestos-cement, of cellulose fibre-cement shrank modestly to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Northern America

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 10%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in Northern America

In 2021, approx. X tons of articles of asbestos-cement, of cellulose fibre-cement were exported in Northern America; picking up by 191% on 2020. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 270%. Over the period under review, the exports of attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement shrank sharply to $X in 2021. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 191%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Canada represented the main exporting country with an export of about X tons, which finished at 89% of total exports. It was distantly followed by the United States (X tons), achieving an 11% share of total exports.

Exports from Canada decreased at an average annual rate of -17.7% from 2012 to 2021. The United States (-7.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +6.6 percentage points.

In value terms, the largest articles of asbestos-cement, of cellulose fibre-cement supplying countries in Northern America were the United States ($X) and Canada ($X).

Among the main exporting countries, the United States, with a CAGR of -4.5%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, declining by -88.1% against the previous year. In general, the export price, however, saw mild growth. The pace of growth was the most pronounced in 2020 an increase of 337% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in Northern America

In 2021, approx. X tons of articles of asbestos-cement, of cellulose fibre-cement were imported in Northern America; with a decrease of -54.7% against 2020 figures. Overall, imports recorded a dramatic contraction. The growth pace was the most rapid in 2019 with an increase of 107% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement expanded rapidly to $X in 2021. In general, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2019 when imports increased by 74%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in fibre-cement structure, amounting to X tons, which was approx. 86% of total imports in 2021. Canada (X tons) took an 8.2% share (based on physical terms) of total imports, which put it in second place, followed by Greenland (5.7%).

From 2012 to 2021, average annual rates of growth with regard to articles of asbestos-cement, of cellulose fibre-cement imports into the United States stood at -32.0%. Greenland (-4.9%) and Canada (-45.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States and Greenland increased by +26 and +5.6 percentage points, respectively.

In value terms, the United States ($X) constitutes the largest market for imported articles of asbestos-cement, of cellulose fibre-cement in Northern America, comprising 89% of total imports. The second position in the ranking was held by Greenland ($X), with a 6.8% share of total imports.

In the United States, imports of articles of asbestos-cement, of cellulose fibre-cement decreased by an average annual rate of -18.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Greenland (-4.8% per year) and Canada (-46.7% per year).

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, picking up by 152% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Greenland ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+19.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :