U.S.: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in the U.S.

The U.S. calcareous building stone market rose markedly to $X in 2021, picking up by 7.3% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 -6.2% against 2019 indices. Calcareous building stone consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in the U.S.

In value terms, calcareous building stone production expanded notably to $X in 2021. Overall, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.6% 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 -6.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 34% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Calcareous Building Stone Exports

Exports from the U.S.

In 2021, approx. X tons of calcareous building stone were exported from the United States; declining by -11.3% compared with 2020 figures. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2014 with an increase of 5.9%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calcareous building stone exports rose to $X in 2021. Over the period under review, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2014 with an increase of 14% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for calcareous building stone exports from the United States, with a 95% share of total exports. Moreover, calcareous building stone exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to -8.4%.

In value terms, Canada ($X) remains the key foreign market for calcareous building stone exports from the United States, comprising 95% of total exports. The second position in the ranking was taken by Mexico ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to -4.1%.

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, picking up by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2016 when the average export price increased by 21% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mexico totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.7%).

Calcareous Building Stone Imports

Imports into the U.S.

In 2021, supplies from abroad of calcareous building stone increased by 61% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 86% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, calcareous building stone imports soared to $X in 2021. Over the period under review, imports recorded a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by 74% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Canada (X tons), India (X tons) and the Dominican Republic (X tons) were the main suppliers of calcareous building stone imports to the United States, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +46.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcareous building stone suppliers to the United States were Canada ($X), India ($X) and Portugal ($X), with a combined 79% share of total imports.

In terms of the main suppliers, India, with a CAGR of +29.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, reducing by -2.3% against the previous year. In general, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2015 an increase of 25%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Haiti (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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