Northern America: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Northern America

In 2021, the North American market for tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach $X after two years of decline. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.3% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Northern America

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded slightly to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 19%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in Northern America

In 2021, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 37%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 17%. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Canada was the largest exporting country with an export of around X tons, which accounted for 59% of total exports. It was distantly followed by the United States (X tons), committing a 41% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Canada (with a CAGR of +5.5%).

In value terms, the United States ($X) and Canada ($X) were the countries with the highest levels of exports in 2021.

Canada, with a CAGR of +5.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, rising by 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2019 when the export price increased by 28%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 (+7.7%).

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in Northern America

In 2021, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 38% to X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 33% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The United States was the main importing country with an import of around X tons, which recorded 68% of total imports. It was distantly followed by Canada (X tons), committing a 31% share of total imports.

The United States was also the fastest-growing in terms of the tiles, flagstones and similar articles of cement, concrete or artificial stone imports, with a CAGR of +14.6% from 2012 to 2021. Canada experienced a relatively flat trend pattern. While the share of the United States (+31 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-31.4 p.p.) displayed negative dynamics.

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2021.

Among the main importing countries, the United States, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, with a decrease of -12.4% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 6% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.2%).

Source: IndexBox Platform

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