Northern America: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Northern America

The North American metal advertising sign market stood at $X in 2020, rising by X% against the previous year. The total consumption indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in years to come.

Metal Advertising Sign Production in Northern America

In value terms, metal advertising sign production stood at $X in 2020 estimated in export prices. The total production indicated a prominent increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in Northern America

The country with the largest volume of metal advertising sign production was the U.S. (X tons), comprising approx. X% of total volume. Moreover, metal advertising sign production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tons), sixfold.

In the U.S., metal advertising sign production remained relatively stable over the period from 2007-2020.

Metal Advertising Sign Exports

Exports in Northern America

Metal advertising sign exports declined dramatically to X tons in 2020, which is down by -X% compared with the previous year's figure. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The volume of export peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports fell remarkably to $X in 2020. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The biggest shipments were from the U.S. (X tons), together amounting to X% of total export.

The U.S. was also the fastest-growing in terms of the metal advertising signs exports, with a CAGR of -X% from 2007 to 2020. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest metal advertising sign supplier in Northern America.

From 2007 to 2020, the average annual growth rate of value in the U.S. totaled -X%.

Export Prices by Country

The metal advertising sign export price in Northern America stood at $X per ton in 2020, growing by X% against the previous year. In general, the export price posted a strong expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Metal Advertising Sign Imports

Imports in Northern America

In 2020, overseas purchases of metal advertising signs decreased by -X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports reduced sharply to $X in 2020. Overall, imports continue to indicate modest growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The level of import peaked at $X in 2019, and then fell sharply in the following year.

Imports by Country

The U.S. prevails in metal advertising sign imports structure, recording X tons, which was near X% of total imports in 2020. It was distantly followed by Canada (X tons), comprising a X% share of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of metal advertising signs. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported metal advertising signs in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in the U.S. was relatively modest.

Import Prices by Country

The metal advertising sign import price in Northern America stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the U.S. stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

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