Northern America: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Northern America

The North American market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was estimated at $X in 2021, approximately mirroring the previous year. In general, consumption, however, showed buoyant growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Northern America

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose to $X in 2021 estimated in export price. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2016 when the production volume increased by 65%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Northern America

In 2021, approx. X tons of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were exported in Northern America; rising by 89% on 2020. In general, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders totaled $X in 2021. Total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -25.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 64% against the previous year. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Canada (X tons) was the largest exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, generating 86% of total exports. It was distantly followed by the United States (X tons), committing a 14% share of total exports.

Canada was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports, with a CAGR of +12.3% from 2012 to 2021. The United States (-8.6%) illustrated a downward trend over the same period. While the share of Canada (+36 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-36.4 p.p.) displayed negative dynamics.

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Canada, with a CAGR of +11.2%, recorded the highest rates of growth with regard to 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, which is down by -41.8% against the previous year. In general, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the export price increased by 40% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.3%).

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Northern America

In 2021, purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -9.4% to X tons, falling for the second year in a row after three years of growth. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 71%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders surged to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.7% against 2019 indices. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) and Canada (X tons) represented the main importers of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Northern America, together reaching near 86% of total imports. It was distantly followed by Greenland (X tons), mixing up a 13% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greenland (with a CAGR of +8.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United States ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Northern America, comprising 80% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +5.9%. In the other countries, the average annual rates were as follows: Canada (-6.2% per year) and Greenland (+6.0% per year).

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, surging by 49% against the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 83%. The level of import peaked in 2021 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 the United States ($X per ton), while Canada ($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 (+15.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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