U.S.: Cement Pipe Market 2024

Cement Pipe Market Size in the U.S.

The U.S. cement pipe market amounted to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Cement Pipe Production in the U.S.

In value terms, cement pipe production amounted to $X in 2022. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 10% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Cement Pipe Exports

Exports from the U.S.

In 2022, cement pipe exports from the United States shrank markedly to X tons, with a decrease of -19.5% on the year before. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 28% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, cement pipe exports fell to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Canada (X tons) was the main destination for cement pipe exports from the United States, with a 39% share of total exports. Moreover, cement pipe exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by Bahamas (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+5.6% per year) and Bahamas (+2.0% per year).

In value terms, Canada ($X) remains the key foreign market for pipes and other articles of cement exports from the United States, comprising 77% of total exports. The second position in the ranking was held by South Korea ($X), with a 3.5% share of total exports. It was followed by Mexico, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+33.8% per year) and Mexico (+5.2% per year).

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Qatar ($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 the UK (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into the U.S.

Cement pipe imports into the United States expanded significantly to X tons in 2022, picking up by 7.5% compared with the previous year's figure. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 46%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cement pipe imports shrank to $X in 2022. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

India (X tons), Spain (X tons) and Vietnam (X tons) were the main suppliers of cement pipe imports to the United States, together comprising 52% of total imports. China, Mexico, Thailand, Canada, Malaysia, Turkey, Israel, Italy, Taiwan (Chinese) and the Philippines lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +66.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cement pipe suppliers to the United States were India ($X), Vietnam ($X) and Spain ($X), together accounting for 47% of total imports. These countries were followed by China, Mexico, Canada, Thailand, Malaysia, Israel, Turkey, Italy, Taiwan (Chinese) and the Philippines, which together accounted for a further 47%.

Turkey, with a CAGR of +67.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cement pipe import price amounted to $X per ton, which is down by -7% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 an increase of 29%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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