Northern America: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Northern America

The North American calcareous building stone market was estimated at $X in 2021, with an increase of 7.3% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Calcareous Building Stone Production in Northern America

In value terms, calcareous building stone production expanded remarkably to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 30%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Calcareous Building Stone Exports

Exports in Northern America

Calcareous building stone exports shrank slightly to X tons in 2021, dropping by -4.9% on the previous year's figure. In general, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2019 when exports increased by 13%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, calcareous building stone exports contracted modestly to $X in 2021. Overall, exports showed a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of 21%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Canada (X tons), followed by the United States (X tons) were the key exporters of calcareous building stone, together constituting 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +19.9%).

In value terms, the United States ($X) remains the largest calcareous building stone supplier in Northern America, comprising 73% of total exports. The second position in the ranking was taken by Canada ($X), with a 27% share of total exports.

In the United States, calcareous building stone exports contracted by an average annual rate of -4.0% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 2.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 17%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 (+4.3%).

Calcareous Building Stone Imports

Imports in Northern America

After two years of decline, overseas purchases of calcareous building stone increased by 71% to X tons in 2021. Overall, imports, however, recorded a mild descent. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calcareous building stone imports contracted modestly to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 23%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Canada (X tons) represented the main importer of calcareous building stone, making up 78% of total imports. It was distantly followed by the United States (X tons), achieving a 22% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to calcareous building stone imports into Canada stood at -4.1%. At the same time, the United States (+22.3%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of +22.3% from 2012-2021. The United States (+19 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -18.9% from 2012 to 2021, respectively.

In value terms, the largest calcareous building stone importing markets in Northern America were Canada ($X) and the United States ($X).

Among the main importing countries, the United States, with a CAGR of +16.9%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, falling by -43.3% against the previous year. In general, the import price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by 86% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 Canada (-0.6%).

Source: IndexBox Platform

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