Northern America: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Northern America

The North American market for building blocks and bricks of cement, concrete or artificial stone stood at $X in 2021, remaining constant against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the market value increased by 7%. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Northern America

In value terms, production of building blocks and bricks of cement, concrete or artificial stone reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 7% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports in Northern America

In 2021, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -7.4% to X tons, falling for the third consecutive year after seven years of growth. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 16%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone rose markedly to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 9.4%. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Canada represented the largest exporting country with an export of about X tons, which finished at 90% of total exports. It was distantly followed by the United States (X tons), generating a 10% share of total exports.

Canada was also the fastest-growing in terms of the building blocks and bricks of cement, concrete or artificial stone exports, with a CAGR of +3.6% from 2012 to 2021. The United States (-23.3%) illustrated a downward trend over the same period. Canada (+52 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -52.5% from 2012 to 2021, respectively.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone supplying countries in Northern America were the United States ($X) and Canada ($X).

Among the main exporting countries, Canada, with a CAGR of +1.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 17% against the previous year. In general, the export price recorded a remarkable increase. The growth pace was the most rapid in 2020 when the export price increased by 77% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+31.0%).

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports in Northern America

In 2021, purchases abroad of building blocks and bricks of cement, concrete or artificial stone decreased by -4.2% to X tons, falling for the second year in a row after five years of growth. In general, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 351%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of building blocks and bricks of cement, concrete or artificial stone in 2021 were the United States (X tons) and Canada (X tons), together amounting to 100% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +4.4%).

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

Among the main importing countries, the United States, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, with an increase of 22% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 323%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, 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 (-0.4%).

Source: IndexBox Platform

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