U.S.: Market for Ground Or Treated Mineral And Earth 2024

Market Size for Ground Or Treated Mineral And Earth in the U.S.

The U.S. market for ground or treated mineral and earth was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 6.1%. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Ground Or Treated Mineral And Earth in the U.S.

In value terms, production of ground or treated mineral and earth totaled $X in 2021. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 7.1%. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

Exports of Ground Or Treated Mineral And Earth

Exports from the U.S.

In 2021, the amount of ground or treated mineral and earth exported from the United States surged to X tons, picking up by 24% against the year before. The total export volume increased at an average annual rate of +5.6% from 2013 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground or treated mineral and earth surged to $X in 2021. The total export value increased at an average annual rate of +4.7% from 2013 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded 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 Mauritius (X tons) were the main destinations of exports of ground or treated mineral and earth from the United States, together comprising 47% of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritius (with a CAGR of +77.3%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and Mauritius ($X) appeared to be the largest markets for ground or treated mineral and earth exported from the United States worldwide, together comprising 38% of total exports.

Mauritius, with a CAGR of +85.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for ground or treated mineral and earth amounted to $X per ton, surging by 7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 17% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ground Or Treated Mineral And Earth

Imports into the U.S.

After two years of decline, supplies from abroad of ground or treated mineral and earth increased by 38% to X tons in 2021. In general, imports showed a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of ground or treated mineral and earth skyrocketed to $X in 2021. Over the period under review, total imports indicated moderate growth from 2013 to 2021: its value increased at an average annual rate of +3.9% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of ground or treated mineral and earth to the United States, accounting for a 44% share of total imports. Moreover, imports of ground or treated mineral and earth from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. Pakistan (X tons) ranked third in terms of total imports with a 13% share.

From 2013 to 2021, the average annual growth rate of volume from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-8.8% per year) and Pakistan (+4.5% per year).

In value terms, China ($X) constituted the largest supplier of ground or treated mineral and earth to the United States, comprising 36% of total imports. The second position in the ranking was taken by Canada ($X), with a 16% share of total imports. It was followed by Brazil, with a 9.4% share.

From 2013 to 2021, the average annual rate of growth in terms of value from China stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+2.6% per year) and Brazil (+0.8% per year).

Import Prices by Country

In 2021, the average import price for ground or treated mineral and earth amounted to $X per ton, growing by 12% against the previous year. In general, import price indicated perceptible growth from 2013 to 2021: its price increased at an average annual rate of +3.8% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, 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 Brazil ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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