U.S.: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in the U.S.

The U.S. market for articles of cellulose fibre-cement, not containing asbestos expanded to $X in 2022, with an increase of 3.1% against the previous year. Overall, consumption recorded a buoyant increase. Consumption of peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in the U.S.

In value terms, production of articles of cellulose fibre-cement, not containing asbestos expanded slightly to $X in 2022. Over the period under review, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 51% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from the U.S.

In 2022, exports of articles of cellulose fibre-cement, not containing asbestos from the United States surged to X tons, jumping by 34% on 2021. Overall, exports posted a notable expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 170%. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos soared to $X in 2022. Over the period under review, exports showed a noticeable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 213%. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Chile (X tons) and South Korea (X tons) were the main destinations of exports of articles of cellulose fibre-cement, not containing asbestos from the United States, with a combined 81% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +15.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for articles of cellulose fibre-cement, not containing asbestos exports from the United States, comprising 42% of total exports. The second position in the ranking was held by Chile ($X), with a 15% share of total exports. It was followed by Portugal, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+12.3% per year) and Portugal (0.0% per year).

Export Prices by Country

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, falling by -10% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 52%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into the U.S.

In 2022, supplies from abroad of articles of cellulose fibre-cement, not containing asbestos increased by 1.9% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos surged to $X in 2022. In general, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +133.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 95%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to the United States, accounting for a 72% share of total imports. Moreover, imports of articles of cellulose fibre-cement, not containing asbestos from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to the United States, comprising 68% of total imports. The second position in the ranking was held by Vietnam ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average import price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, surging by 17% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.1%).

Source: IndexBox Platform

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