U.S.: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the U.S.

The U.S. market for tiles, flagstones and similar articles of cement, concrete or artificial stone dropped to $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +4.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the U.S.

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone fell to $X in 2021. The total output value increased at an average annual rate of +5.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 12% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from the U.S.

In 2021, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 12% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, faced a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 65% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose notably to $X in 2021. Over the period under review, exports, however, saw a pronounced contraction. The growth pace was the most rapid in 2017 when exports increased by 35% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from the United States, with a 76% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Canada exceeded the volume sent to the second major destination, Bahamas (X tons), more than tenfold. The third position in this ranking was held by Vietnam (X tons), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at -10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (-9.3% per year) and Vietnam (+33.9% per year).

In value terms, Canada ($X) remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from the United States, comprising 77% of total exports. The second position in the ranking was held by Bahamas ($X), with a 7.3% share of total exports. It was followed by Vietnam, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (+2.8% per year) and Vietnam (+35.0% per year).

Export Prices by Country

The average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, surging by 2% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2019 an increase of 51%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Bahamas ($X per ton), while the average price for exports to Mexico ($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 Bahamas (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into the U.S.

Imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into the United States skyrocketed to X tons in 2021, growing by 67% on the previous year's figure. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 34% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to the United States, with a 75% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada amounted to +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+5.6% per year) and Italy (+1.4% per year).

In value terms, Canada ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to the United States, comprising 43% of total imports. The second position in the ranking was taken by Mexico ($X), with an 8.3% share of total imports. It was followed by China, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+3.3% per year) and China (-4.5% per year).

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, waning by -27.9% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2017 an increase of 10% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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