Northern America - Safety Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Safety Glass Market 2024
Safety Glass Market Size in Northern America
The North American safety glass market shrank to $X in 2022, falling by -4.2% against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.
Safety Glass Production in Northern America
In value terms, safety glass production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 17% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.
Safety Glass Exports
Exports in Northern America
In 2022, shipments abroad of safety glass decreased by -1.9% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 473% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2021, and then declined slightly in the following year.
In value terms, safety glass exports dropped slightly to $X in 2022. Overall, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 9.6% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports by Country
The United States was the main exporting country with an export of about X square meters, which recorded 90% of total exports. It was distantly followed by Canada (X square meters), comprising a 10% share of total exports.
The United States was also the fastest-growing in terms of the safety glass exports, with a CAGR of +10.9% from 2012 to 2022. At the same time, Canada (+7.7%) displayed positive paces of growth. While the share of the United States (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-3.1 p.p.) displayed negative dynamics.
In value terms, the United States ($X) remains the largest safety glass supplier in Northern America, comprising 78% of total exports. The second position in the ranking was taken by Canada ($X), with a 22% share of total exports.
In the United States, safety glass exports declined by an average annual rate of -4.4% over the period from 2012-2022.
Export Prices by Country
In 2022, the export price in Northern America amounted to $X per square meter, rising by 1.8% against the previous year. In general, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 207%. Over the period under review, the export prices attained the maximum at $X per square meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per square meter), while the United States totaled $X per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-5.6%).
Safety Glass Imports
Imports in Northern America
In 2022, overseas purchases of safety glass decreased by -5.1% to X square meters, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports attained the peak of X square meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, safety glass imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.
Imports by Country
The United States was the major importing country with an import of about X square meters, which amounted to 85% of total imports. It was distantly followed by Canada (X square meters), constituting a 15% share of total imports.
The United States was also the fastest-growing in terms of the safety glass imports, with a CAGR of +14.1% from 2012 to 2022. Canada experienced a relatively flat trend pattern. The United States (+24 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -23.7% from 2012 to 2022, respectively.
In value terms, the United States ($X) constitutes the largest market for imported safety glass in Northern America, comprising 75% of total imports. The second position in the ranking was taken by Canada ($X), with a 25% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +3.5%.
Import Prices by Country
The import price in Northern America stood at $X per square meter in 2022, leveling off at the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when the import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per square meter), while the United States stood at $X per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-3.3%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the safety glass market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
Country coverage:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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