U.S.: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the U.S.

The U.S. market for prefabricated buildings of plastics, concrete or aluminium reduced to $X in 2021, dropping by -8.5% against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted in the following year.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the U.S.

In value terms, production of prefabricated buildings of plastics, concrete or aluminium declined to $X in 2021. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 35%. As a result, production attained the peak level of $X, and then fell in the following year.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from the U.S.

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium decreased by -0.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2017 with an increase of 181% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. In general, exports showed a abrupt contraction. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from the United States, with a 303% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Canada exceeded the volume sent to the second major destination, Mexico (X tons), fivefold. The third position in this ranking was taken by the UK (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-2.3% per year) and the UK (+0.9% per year).

In value terms, Canada ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from the United States, comprising 58% of total exports. The second position in the ranking was held by Mexico ($X), with an 8.9% share of total exports. It was followed by the UK, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.2% per year) and the UK (+1.8% per year).

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, surging by 19% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 331% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into the U.S.

In 2021, imports of prefabricated buildings of plastics, concrete or aluminium into the United States surged to X tons, picking up by 48% against the previous year's figure. Over the period under review, imports, however, showed a slight shrinkage. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +121.0% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Mexico (X tons) and Canada (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to the United States.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +88.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to the United States, comprising 41% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Israel, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Canada totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and Israel (+13.7% per year).

Import Prices by Country

In 2021, the average import price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, shrinking by -9.6% against the previous year. In general, the import price, however, posted a resilient increase. The growth pace was the most rapid in 2020 an increase of 241% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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 Canada ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform