Northern America: Cement Pipe Market 2024

Cement Pipe Market Size in Northern America

The North American cement pipe market shrank slightly to $X in 2022, waning by -1.6% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Cement Pipe Production in Northern America

In value terms, cement pipe production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 9.2% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Cement Pipe Exports

Exports in Northern America

For the fourth year in a row, Northern America recorded decline in shipments abroad of pipes and other articles of cement, which decreased by -3% to X tons in 2022. Overall, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, cement pipe exports declined to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +85.0% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Canada was the major exporter of pipes and other articles of cement in Northern America, with the volume of exports reaching X tons, which was approx. 81% of total exports in 2022. It was distantly followed by the United States (X tons), making up a 19% share of total exports.

Canada was also the fastest-growing in terms of the pipes and other articles of cement exports, with a CAGR of +2.4% from 2012 to 2022. The United States (-8.4%) illustrated a downward trend over the same period. While the share of Canada (+23 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-23.1 p.p.) displayed negative dynamics.

In value terms, the largest cement pipe supplying countries in Northern America were Canada ($X) and the United States ($X).

The United States, with a CAGR of +6.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, falling by -3.4% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when the export price increased by 31%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.1%).

Cement Pipe Imports

Imports in Northern America

In 2022, approx. X tons of pipes and other articles of cement were imported in Northern America; growing by 4.6% against 2021 figures. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, cement pipe imports dropped to $X in 2022. Over the period under review, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The United States prevails in imports structure, resulting at X tons, which was near 91% of total imports in 2022. It was distantly followed by Canada (X tons), generating an 8.5% share of total imports.

The United States was also the fastest-growing in terms of the pipes and other articles of cement imports, with a CAGR of +10.3% from 2012 to 2022. At the same time, Canada (+9.6%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pipes and other articles of cement in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports.

In the United States, cement pipe imports expanded at an average annual rate of +12.2% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, which is down by -5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2020 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.9%).

Source: IndexBox Platform

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