Northern America: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Northern America

After three years of growth, the North American market for ceramic wares for laboratory or technical uses decreased by -66.1% to $X in 2022. Over the period under review, consumption, however, enjoyed a significant increase. The level of consumption peaked at $X in 2021, and then plummeted in the following year.

Production of Ceramic Wares For Laboratory Or Technical Uses in Northern America

In value terms, production of ceramic wares for laboratory or technical uses shrank significantly to $X in 2022 estimated in export price. Overall, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 124,399% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports in Northern America

In 2022, the amount of ceramic wares for laboratory or technical uses exported in Northern America soared to X tons, increasing by 36% against 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 12,491%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of ceramic wares for laboratory or technical uses totaled $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

The shipments of the one major exporters of ceramic wares for laboratory or technical uses, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the ceramic wares for laboratory or technical uses exports, with a CAGR of +15.7% from 2012 to 2022. While the share of the United States (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest ceramic wares for laboratory or technical uses supplier in Northern America.

In the United States, exports of ceramic wares for laboratory or technical uses increased at an average annual rate of +6.3% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per kg, dropping by -24.3% against the previous year. Overall, the export price saw a dramatic slump. The pace of growth was the most pronounced in 2014 an increase of 564%. Over the period under review, the export prices hit record highs at $X per kg in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.2% per year.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports in Northern America

In 2022, after three years of growth, there was significant decline in overseas purchases of ceramic wares for laboratory or technical uses, when their volume decreased by -64.8% to X tons. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 324% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, imports of ceramic wares for laboratory or technical uses soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 37%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United States represented the major importer of ceramic wares for laboratory or technical uses in Northern America, with the volume of imports finishing at X tons, which was approx. 69% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a 31% share of total imports.

Imports into the United States decreased at an average annual rate of -7.3% from 2012 to 2022. At the same time, Canada (+5.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +5.6% from 2012-2022. The United States (+69 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -69.4% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported ceramic wares for laboratory or technical uses in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 9.6% share of total imports.

In the United States, imports of ceramic wares for laboratory or technical uses remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, growing by 267% against the previous year. Overall, the import price, however, showed a abrupt descent. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+45.2%).

Source: IndexBox Platform

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