U.S.: Office Supply Market 2024

Office Supply Market Size in the U.S.

In 2022, the U.S. office supply market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Office supply consumption peaked in 2022 and is likely to continue growth in years to come.

Office Supply Production in the U.S.

In value terms, office supply production shrank to $X in 2022. The total output value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Office supply production peaked at $X in 2021, and then shrank modestly in the following year.

Office Supply Exports

Exports from the U.S.

In 2022, office supply exports from the United States was estimated at X units, with an increase of X% against the year before. In general, total exports indicated a perceptible expansion from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, office supply exports totaled $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X units) was the main destination for office supply exports from the United States, accounting for a X% share of total exports. Moreover, office supply exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), fivefold. The third position in this ranking was held by France (X units), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and France (X% per year).

In value terms, the largest markets for office supply exported from the United States were Canada ($X), Mexico ($X) and the UK ($X), with a combined X% share of total exports. France, Australia, China, Switzerland, the Philippines, the Czech Republic and Vietnam lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average office supply export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Vietnam (less than $X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into the U.S.

In 2022, supplies from abroad of office supplies (excluding paper) increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, office supply imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of office supply to the United States, accounting for a X% share of total imports. Moreover, office supply imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold. The third position in this ranking was held by Japan (X units), with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of office supplies (excluding paper) to the United States, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2013 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Mexico (X% per year).

Import Prices by Country

The average office supply import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for India (less than $X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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