Northern America: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Northern America

The North American gypsum and anhydrite market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Gypsum And Anhydrite Production in Northern America

In value terms, gypsum and anhydrite production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed significant growth. The growth pace was the most rapid in 2013 with an increase of 190%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Gypsum And Anhydrite Exports

Exports in Northern America

After two years of growth, overseas shipments of gypsum and anhydrite decreased by -5.4% to X tons in 2021. Total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% 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 increased by +58.2% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined in the following year.

In value terms, gypsum and anhydrite exports contracted slightly to $X in 2021. Total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% 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 increased by +58.7% against 2016 indices. The pace of growth was the most pronounced in 2019 when exports increased by 42% against the previous year. The level of export peaked at $X in 2020, and then contracted in the following year.

Exports by Country

Canada prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2021. The United States (X tons) held a minor share of total exports.

Canada was also the fastest-growing in terms of the gypsum and anhydrite exports, with a CAGR of +5.0% from 2012 to 2021. The United States (-17.6%) illustrated a downward trend over the same period. While the share of Canada (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-14.1 p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest gypsum and anhydrite supplier in Northern America, comprising 75% of total exports. The second position in the ranking was held by the United States ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Canada stood at +11.1%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 5.7% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 22%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: 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 (+11.0%).

Gypsum And Anhydrite Imports

Imports in Northern America

In 2021, approx. X tons of gypsum and anhydrite were imported in Northern America; increasing by 7.2% against the previous year's figure. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2019 when imports increased by 23% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, gypsum and anhydrite imports rose notably to $X in 2021. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 45%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States represented the major importer of gypsum and anhydrite in Northern America, with the volume of imports finishing at X tons, which was approx. 89% of total imports in 2021. It was distantly followed by Canada (X tons), constituting an 11% share of total imports.

The United States was also the fastest-growing in terms of the gypsum and anhydrite imports, with a CAGR of +8.5% from 2012 to 2021. At the same time, Canada (+7.5%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported gypsum and anhydrite in Northern America, comprising 77% of total imports. The second position in the ranking was taken by Canada ($X), with a 23% share of total imports.

In the United States, gypsum and anhydrite imports increased at an average annual rate of +8.6% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, rising by 3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.2%).

Source: IndexBox Platform

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