U.S.: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in the U.S.

The U.S. market for glaziers putty, grafting putty, other mastics and painters' fillings was estimated at $X in 2022, increasing by 4.6% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in the U.S.

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings stood at $X in 2022. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 16%. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from the U.S.

Exports of glaziers putty, grafting putty, other mastics and painters' fillings from the United States contracted to X tons in 2022, which is down by -5.3% on the year before. Overall, exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 when exports increased by 6.6% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings rose rapidly to $X in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Mexico (X tons) and Costa Rica (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from the United States, together comprising 63% of total exports.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of +10.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from the United States, comprising 37% of total exports. The second position in the ranking was held by Mexico ($X), with a 17% share of total exports. It was followed by China, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.3% per year) and China (+7.1% per year).

Export Prices by Country

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Costa Rica ($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 Chile (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into the U.S.

For the fifth year in a row, the United States recorded growth in purchases abroad of glaziers putty, grafting putty, other mastics and painters' fillings, which increased by 15% to X tons in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.6% 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 +108.3% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Canada (X tons), Germany (X tons) and Mexico (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to the United States, together accounting for 61% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +44.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Germany ($X) and Estonia ($X) constituted the largest glaziers, grafting putty and painters' filling suppliers to the United States, together comprising 57% of total imports. Mexico, France, the UK, Belgium, South Korea, Poland, China, the Netherlands, Turkey and Italy lagged somewhat behind, together comprising a further 36%.

Turkey, with a CAGR of +54.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2017 an increase of 18%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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